Tobacco Refuse Price in Nepal - 2022
Contents:
Tobacco Refuse Price in Nepal (CIF) - 2022
In 2022, the average tobacco refuse import price amounted to $983 per ton, picking up by 89% against the previous year. Over the period under review, the import price posted a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 +8.9% per year.
Tobacco Refuse Imports in Nepal
Tobacco refuse imports into Nepal shrank dramatically to 371 tons in 2022, dropping by -69.2% on the previous year's figure. In general, imports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 10%.
In value terms, tobacco refuse imports plummeted to $365K in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 86%. As a result, imports reached the peak of $628K, and then dropped markedly in the following year.
| Import of Tobacco Refuse in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 376 | 338 | 628 | 365 | -1.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 376 | 338 | 628 | 365 | -1.0% |
Top Suppliers of Tobacco Refuse to Nepal in 2022:
- India (371.2 tons)
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