Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Nepal - 2022
Contents:
- Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Nepal (CIF) - 2022
- Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Nepal
Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Nepal (CIF) - 2022
In 2022, the average import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $1.5 per square meter, falling by -13.2% against the previous year. Overall, the import price showed a deep setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached the peak figure at $3.3 per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2.5 per square meter), while the price for South Korea ($0.2 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Nepal
In 2022, imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes into Nepal surged to 1.6M square meters, growing by 31% compared with 2021. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 324%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes expanded significantly to $2.4M in 2022. In general, imports posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 373%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 44.0 | 284 | 1,178 | 1,313 | 210.2% |
| China | 93.2 | 272 | 347 | 780 | 103.0% |
| Japan | 35.0 | 406 | 453 | 245 | 91.3% |
| South Korea | 6.4 | 55.9 | 96.5 | 84.1 | 136.0% |
| Taiwan (Chinese) | 79.0 | 213 | 75.5 | 14.4 | -43.3% |
| Others | 3.4 | 1.8 | 1.1 | 1.0 | -33.5% |
| Total | 261 | 1,233 | 2,151 | 2,438 | 110.6% |
Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane to Nepal in 2022:
- India (532.8K square meters)
- Japan (387.4K square meters)
- South Korea (347.3K square meters)
- China (316.5K square meters)
- Taiwan (Chinese) (8.9K square meters)
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