Price for Wigs; Complete, of Synthetic Textile Materials in Nepal - 2022

Contents:

1. Price for Wigs; Complete, of Synthetic Textile Materials in Nepal (CIF) - 2022
2. Price for Wigs; Complete, of Synthetic Textile Materials in Nepal (FOB) - 2022
3. Imports of Wigs; Complete, of Synthetic Textile Materials in Nepal
4. Exports of Wigs; Complete, of Synthetic Textile Materials in Nepal

Price for Wigs; Complete, of Synthetic Textile Materials in Nepal (CIF) - 2022

The average import price for wigs; complete, of synthetic textile materialses stood at $3.6 per unit in 2022, declining by -29.1% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 wigs; complete, of synthetic textile materialses decreased by -40.5% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 82% against the previous year. As a result, import price attained the peak level of $6 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($8.5 per unit), while the price for India ($800 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.8%), while the prices for the other major suppliers experienced a decline.

Price for Wigs; Complete, of Synthetic Textile Materials in Nepal (FOB) - 2022

The average export price for wigs; complete, of synthetic textile materialses stood at $3.4 per unit in 2022, shrinking by -12.3% against the previous year. Overall, the export price faced a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 78%. Over the period under review, the average export prices attained the peak figure at $10 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($227 per unit), while the average price for exports to the United States ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+24.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wigs; Complete, of Synthetic Textile Materials in Nepal

For the fourth year in a row, Nepal recorded growth in supplies from abroad of wigs; complete, of synthetic textile materialses, which increased by 353% to 8.2K units in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wigs; complete, of synthetic textile materialses surged to $29K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 232%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Nepal in 2022:

1. China (8.0K units)

Exports of Wigs; Complete, of Synthetic Textile Materials in Nepal

In 2022, approx. 6.3K units of wigs; complete, of synthetic textile materialses were exported from Nepal; shrinking by -7.7% on 2021. In general, exports showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Over the period under review, the exports of reached the peak figure at 8.9K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of wigs; complete, of synthetic textile materialses contracted dramatically to $21K in 2022. Over the period under review, exports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2021 when exports increased by 31%. Over the period under review, the exports of hit record highs at $53K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Nepal in 2022:

1. United States (6.2K units)
2. Japan (0.1K units)

Source: IndexBox Market Intelligence Platform