Price for Waste, Parings and Scrap, of Plastics in Nepal - 2022

Contents:

1. Price for Waste, Parings and Scrap, of Plastics in Nepal (CIF) - 2022
2. Price for Waste, Parings and Scrap, of Plastics in Nepal (FOB) - 2022
3. Imports of Waste, Parings and Scrap, of Plastics in Nepal
4. Exports of Waste, Parings and Scrap, of Plastics in Nepal

Price for Waste, Parings and Scrap, of Plastics in Nepal (CIF) - 2022

The average import price for waste, parings and scrap, of plasticses stood at $1,838 per ton in 2022, picking up by 12% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for waste, parings and scrap, of plasticses increased by +27.5% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 60% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 ($1,831 per ton), while the price for China amounted to $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+14.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Waste, Parings and Scrap, of Plastics in Nepal (FOB) - 2022

In 2022, the average export price for waste, parings and scrap, of plasticses amounted to $335 per ton, growing by 61% against the previous year. In general, the export price continues to indicate moderate growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 89%. The export price peaked at $346 per ton in 2014; however, from 2015 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 Taiwan (Chinese).

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -7.8% per year.

Imports of Waste, Parings and Scrap, of Plastics in Nepal

In 2022, the amount of waste, parings and scrap, of plasticses imported into Nepal contracted markedly to 1.5 tons, declining by -96.5% compared with the previous year's figure. In general, imports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 130% against the previous year.

In value terms, imports of waste, parings and scrap, of plasticses dropped sharply to $2.8K in 2022. Overall, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 163%.

Top Suppliers of Waste, Parings and Scrap, of Plastics to Nepal in 2022:

1. India (1525.0 kg)
2. China (1.0 kg)

Exports of Waste, Parings and Scrap, of Plastics in Nepal

In 2022, approx. 8 tons of waste, parings and scrap, of plasticses were exported from Nepal; falling by -65.7% against the year before. Overall, exports showed a precipitous descent. The smallest decline of -14.5% was in 2020.

In value terms, exports of waste, parings and scrap, of plasticses declined sharply to $2.7K in 2022. Over the period under review, exports faced a significant curtailment. The smallest decline of -31.6% was in 2020.

Top Export Markets for Waste, Parings and Scrap, of Plastics from Nepal in 2022:

1. Taiwan (Chinese) (8.0 tons)

Source: IndexBox Market Intelligence Platform