Sulphites; Thiosulphates Price in Nepal - 2022
Contents:
Sulphites; Thiosulphates Price in Nepal (CIF) - 2022
The average sulphites; thiosulphates import price stood at $421 per ton in 2022, picking up by 24% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; thiosulphates import price increased by +86.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 46%. The import price peaked in 2022 and is likely to continue growth in the near future.
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 China ($944 per ton), while the price for Japan ($119 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphites; Thiosulphates Imports in Nepal
In 2022, after two years of decline, there was significant growth in supplies from abroad of sulphites; thiosulphateses, when their volume increased by 306% to 809 tons. Overall, imports, however, faced a abrupt downturn.
In value terms, sulphites; thiosulphates imports skyrocketed to $341K in 2022. Over the period under review, imports posted a notable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; Thiosulphates in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 281 | 76.4 | 58.5 | 321 | 4.5% |
| Japan | 3.2 | 2.0 | 1.1 | 2.0 | -14.5% |
| Others | 11.9 | 9.6 | 8.3 | 17.5 | 13.7% |
| Total | 296 | 88.0 | 67.9 | 341 | 4.8% |
Top Suppliers of Sulphites; Thiosulphates to Nepal in 2022:
- India (786.4 tons)
- Japan (17.0 tons)
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