Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Nepal - 2022
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Nepal (FOB) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Nepal (CIF) - 2022
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Nepal
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Nepal
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Nepal (FOB) - 2022
The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $8,802 per ton in 2022, rising by 8.1% against the previous year. Over the period under review, the export price recorded a noticeable expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 126%. Over the period under review, the average export prices attained the maximum at $19,451 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +179.8% per year.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Nepal (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $2,734 per ton, rising by 108% against the previous year. In general, the import price continues to indicate a pronounced expansion. The import price peaked at $4,987 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,363 per ton), while the price for China amounted to $1,255 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%).
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Nepal
In 2022, the amount of wadding; other articles thereof, other than of cotton or man-made fibreses exported from Nepal skyrocketed to 15 tons, rising by 21% compared with the previous year. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses surged to $135K in 2022. Over the period under review, exports, however, continue to indicate a sharp decrease.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 282 | 103 | 78.2 | 134 | -22.0% |
| South Africa | 6.9 | 3.5 | 4.4 | 0.8 | -51.2% |
| Taiwan (Chinese) | N/A | 18.3 | 21.0 | N/A | 14.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 289 | 124 | 104 | 135 | -22.4% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Nepal in 2022:
- China (15.3 tons)
- South Africa (0.1 tons)
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Nepal
For the fourth year in a row, Nepal recorded growth in overseas purchases of wadding; other articles thereof, other than of cotton or man-made fibreses, which increased by 32% to 21 tons in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 83%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses surged to $58K in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.2 | 16.3 | 15.8 | 50.2 | 91.0% |
| China | 2.0 | 3.6 | 5.3 | 7.8 | 57.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.2 | 19.9 | 21.1 | 58.0 | 84.7% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Nepal in 2022:
- India (14.9 tons)
- China (6.3 tons)
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