Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Nepal - 2022
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Nepal (CIF) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Nepal
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Nepal (CIF) - 2022
In 2022, the average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $862 per ton, with a decrease of -1.7% against the previous year. Over the period under review, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 16%. As a result, import price attained the peak level of $1,255 per ton. From 2018 to 2022, the average 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 -1.9% per year.
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Nepal
After three years of growth, overseas purchases of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses decreased by -56.6% to 5 tons in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 146%. As a result, imports reached the peak of 12 tons, and then shrank notably in the following year.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses shrank rapidly to $4.3K in 2022. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 145%. As a result, imports attained the peak of $10K, and then dropped sharply in the following year.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.4 | 4.1 | 10.1 | 4.3 | 21.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.4 | 4.1 | 10.1 | 4.3 | 21.5% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Nepal in 2022:
- India (5.0 tons)
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