Price for Sulphites; Other than of Sodium in Nepal - 2022

Contents:

  1. Price for Sulphites; Other than of Sodium in Nepal (CIF) - 2022
  2. Imports of Sulphites; Other than of Sodium in Nepal

Price for Sulphites; Other than of Sodium in Nepal (CIF) - 2022

The average import price for sulphites; other than of sodia stood at $682 per ton in 2022, approximately mirroring the previous year. Overall, the import price, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2017 an increase of 65%. The import price peaked at $1,476 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 -1.7% per year.

Imports of Sulphites; Other than of Sodium in Nepal

After two years of decline, supplies from abroad of sulphites; other than of sodia increased by 58% to 20 tons in 2022. Over the period under review, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; other than of sodium imports soared to $14K in 2022. Overall, imports, however, recorded a abrupt decrease.

Import of Sulphites; Other than of Sodium in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India16.213.17.613.6-5.7%
Others1.30.70.9N/A-16.8%
Total17.513.78.513.6-8.1%

Top Suppliers of Sulphites; Other than of Sodium to Nepal in 2022:

  1. India (19.9 tons)

Source: IndexBox Market Intelligence Platform

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