Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Nepal - 2022

Contents:

  1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Nepal (CIF) - 2022
  2. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Nepal

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Nepal (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $122,962 per ton, picking up by 125% against the previous year. Overall, the import price, however, recorded a slight contraction. The import price peaked at $171,882 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Austria ($391,977 per ton), while the price for the Philippines ($51,523 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+39.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Nepal

In 2022, imports of balances; of a sensitivity of 5cg or better, with or without weightses into Nepal contracted markedly to 1.4 tons, reducing by -57.6% on the year before. Over the period under review, imports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports reached the peak of 3.4 tons, and then contracted dramatically in the following year.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses reduced remarkably to $174K in 2022. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 25%.

Import of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10751.582.551.5-21.6%
India45.336.744.744.4-0.7%
Austria2.86.28.917.283.1%
Poland15.75.623.514.8-1.9%
Switzerland9.126.714.49.61.8%
Philippines39.238.923.55.6-47.7%
United States6.38.67.75.2-6.2%
Hong Kong SAR8.113.03.24.7-16.6%
Netherlands6.35.818.04.6-10.0%
South Korea3.93.11.12.1-18.6%
Germany1.410.729.91.910.7%
Italy13.312.212.80.5-66.5%
Others33.210.616.012.3-28.2%
Total292230286174-15.8%

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Nepal in 2022:

  1. India (517.0 kg)
  2. China (332.0 kg)
  3. Poland (116.0 kg)
  4. Philippines (109.0 kg)
  5. Hong Kong SAR (60.0 kg)
  6. Switzerland (53.0 kg)
  7. Netherlands (52.0 kg)
  8. Austria (44.0 kg)
  9. Germany (35.0 kg)
  10. United States (30.0 kg)
  11. South Korea (30.0 kg)
  12. Italy (8.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Balances; of a sensitivity of 5cg or better, with or without weights - Nepal