Nepal - Primary Fiber Crops - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Nepal - Primary Fiber Crops - Market Analysis, Forecast, Size, Trends and Insights

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Primary Fiber Crops Price in Nepal - 2022

Contents:

  1. Primary Fiber Crops Price in Nepal (CIF) - 2022
  2. Primary Fiber Crops Price in Nepal (FOB) - 2022
  3. Primary Fiber Crops Imports in Nepal
  4. Primary Fiber Crops Exports in Nepal

Primary Fiber Crops Price in Nepal (CIF) - 2022

In 2022, the average primary fiber crops import price amounted to $763 per ton, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2016 an increase of 17% against the previous year. Over the period under review, average import prices attained the maximum at $765 per ton in 2021, and then declined modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($779 per ton), while the price for Bangladesh stood at $689 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+4.6%).

Primary Fiber Crops Price in Nepal (FOB) - 2022

The average primary fiber crops export price stood at $4,206 per ton in 2022, shrinking by -19.5% against the previous year. In general, the export price, however, recorded a prominent expansion. The growth pace was the most rapid in 2020 when the average export price increased by 45% against the previous year. The export price peaked at $5,225 per ton in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($21,264 per ton), while the average price for exports to India ($856 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 UK (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.

Primary Fiber Crops Imports in Nepal

In 2022, primary fiber crops imports into Nepal stood at 25K tons, growing by 5.5% compared with the previous year. The total import volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. As a result, imports attained the peak of 27K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, primary fiber crops imports rose remarkably to $19M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. As a result, imports attained the peak of $21M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Primary Fiber Crops in Nepal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India9.114.916.616.120.9%
Bangladesh4.45.91.63.1-11.0%
Others0.10.10.1N/A0.0%
Total13.620.918.319.212.2%

Top Suppliers of Primary Fiber Crops to Nepal in 2022:

  1. India (20.6K tons)
  2. Bangladesh (4.5K tons)

Primary Fiber Crops Exports in Nepal

In 2022, after two years of decline, there was significant growth in overseas shipments of fiber crops (primary), when their volume increased by 24% to 18 tons. Overall, exports, however, faced a abrupt decline.

In value terms, primary fiber crops exports declined modestly to $74K in 2022. In general, exports, however, saw a pronounced decline. The growth pace was the most rapid in 2020 with an increase of 10%. As a result, the exports reached the peak of $95K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Primary Fiber Crops in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.22.51.737.0469.8%
Portugal1.61.40.26.862.0%
United Kingdom6.38.44.16.72.1%
India6.51.73.74.1-14.2%
France5.229.28.53.8-9.9%
Germany6.16.02.31.3-40.3%
United States13.612.521.51.2-55.5%
Italy8.13.01.00.3-66.7%
Norway7.23.10.3N/A-79.6%
China6.54.01.0N/A-60.8%
Others24.522.929.812.9-19.3%
Total85.894.874.174.1-4.8%

Top Export Markets for Primary Fiber Crops from Nepal in 2022:

  1. Italy (undefined tons)
  2. Spain (9.1 tons)
  3. India (4.7 tons)
  4. Portugal (0.9 tons)
  5. Germany (0.8 tons)
  6. France (0.6 tons)
  7. United States (0.4 tons)
  8. United Kingdom (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the primary fiber crops market in Nepal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 767 - Cotton Lint
  • FCL 328 - [Seed Cotton]
  • FCL 773 - Flax fibre and tow
  • FCL 777 - Hemp fibre and tow
  • FCL 780 - Jute
  • FCL 782 - Jute-like fibres
  • FCL 809 - Abaca manila hemp
  • FCL 800 - Agave fibres nes
  • FCL 310 -
  • FCL 821 - Fibre crops nes
  • FCL 788 - Ramie
  • FCL 789 - Sisal

Country coverage:

  • Nepal

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Nepal
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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