Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Nepal - 2022

Contents:

1. Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Nepal (FOB) - 2022
2. Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Nepal (CIF) - 2022
3. Exports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Nepal
4. Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Nepal

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Nepal (FOB) - 2022

In 2022, the average export price for woven fabrics of coarse animal hair or of horsehair amounted to $65,939 per ton, with an increase of 11% against the previous year. Overall, the export price saw a strong increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 105%. The export price peaked at $120,655 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($66,324 per ton), while the average price for exports to Canada ($18,600 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+78.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Nepal (CIF) - 2022

The average import price for woven fabrics of coarse animal hair or of horsehair stood at $8,596 per ton in 2022, rising by 118% against the previous year. Over the period under review, the import price, however, showed a slight shrinkage. The import price peaked at $14,000 per ton in 2019; however, from 2020 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 -1.0% per year.

Exports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Nepal

For the fourth consecutive year, Nepal recorded growth in shipments abroad of woven fabrics of coarse animal hair or of horsehair, which increased by 213% to 1.8 tons in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of woven fabrics of coarse animal hair or of horsehair skyrocketed to $119K in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Woven Fabrics of Coarse Animal Hair or of Horsehair from Nepal in 2022:

1. Norway (1198.0 kg)
2. United States (527.0 kg)
3. Switzerland (51.0 kg)

Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Nepal

In 2022, supplies from abroad of woven fabrics of coarse animal hair or of horsehair decreased by -47.8% to 47 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 850%.

In value terms, imports of woven fabrics of coarse animal hair or of horsehair stood at $404 in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 589%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Woven Fabrics of Coarse Animal Hair or of Horsehair to Nepal in 2022:

1. India (47.0 kg)

Source: IndexBox Market Intelligence Platform