Yarn; of Coir Price in Nepal - 2022

Contents:

1. Yarn; of Coir Price in Nepal (CIF) - 2022
2. Yarn; of Coir Price in Nepal (FOB) - 2022
3. Yarn; of Coir Imports in Nepal
4. Yarn; of Coir Exports in Nepal

Yarn; of Coir Price in Nepal (CIF) - 2022

In 2022, the average yarn; of coir import price amounted to $5,903 per ton, with an increase of 7.1% against the previous year. In general, the import price recorded prominent growth. The growth pace was the most rapid in 2021 when the average import price increased by 32% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 +7.8% per year.

Yarn; of Coir Price in Nepal (FOB) - 2022

The average yarn; of coir export price stood at $12,091 per ton in 2022, growing by 47% against the previous year. In general, the export price saw a significant expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 126%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, 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 +12.6% per year.

Yarn; of Coir Imports in Nepal

After three years of growth, overseas purchases of yarn; of coirs decreased by -50.1% to 28 tons in 2022. In general, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. As a result, imports reached the peak of 57 tons, and then fell rapidly in the following year.

In value terms, yarn; of coir imports contracted significantly to $168K in 2022. Overall, imports, however, continue to indicate moderate growth. The most prominent rate of growth was recorded in 2021 when imports increased by 90% against the previous year. As a result, imports attained the peak of $314K, and then dropped remarkably in the following year.

Top Suppliers of Yarn; of Coir to Nepal in 2022:

1. India (28.4 tons)

Yarn; of Coir Exports in Nepal

In 2022, shipments abroad of yarn; of coirs decreased by -82.1% to 1.3 tons, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 2,513% against the previous year. As a result, the exports attained the peak of 7.8 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, yarn; of coir exports shrank rapidly to $16K in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,174%.

Top Export Markets for Yarn; of Coir from Nepal in 2022:

1. India (1.3 tons)

Source: IndexBox Market Intelligence Platform