Price for Silicates; Commercial Alkali Metal Silicates in Nepal - 2022
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Nepal (CIF) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates in Nepal
Price for Silicates; Commercial Alkali Metal Silicates in Nepal (CIF) - 2022
In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $342 per ton, increasing by 34% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $343 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +0.7% per year.
Imports of Silicates; Commercial Alkali Metal Silicates in Nepal
After three years of growth, supplies from abroad of silicates; commercial alkali metal silicateses decreased by -14.3% to 6.5K tons in 2022. The total import volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year.
In value terms, silicates; commercial alkali metal silicates imports expanded rapidly to $2.2M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Silicates; Commercial Alkali Metal Silicates in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.5 | 1.7 | 1.9 | 2.2 | 13.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.5 | 1.7 | 1.9 | 2.2 | 13.6% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Nepal in 2022:
- India (6.5K tons)
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