Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Nepal - 2022
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Nepal (CIF) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Nepal
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Nepal (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $5,610 per ton in 2022, rising by 3.3% against the previous year. In general, the import price showed modest growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 55%. Over the period under review, average import prices reached the maximum at $12,219 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 ($9,041 per ton), while the price for Thailand ($3,844 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Nepal
In 2022, approx. 16 tons of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds were imported into Nepal; declining by -27% against 2021. In general, imports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 185% against the previous year.
In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds contracted dramatically to $92K in 2022. Over the period under review, imports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 182% against the previous year.
| Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 79.7 | 14.0 | 89.6 | 43.8 | -18.1% |
| Thailand | 24.1 | 3.4 | 19.5 | 41.6 | 20.0% |
| China | 81.4 | 22.9 | 2.8 | 6.6 | -56.7% |
| Taiwan (Chinese) | 11.7 | 3.1 | 10.1 | N/A | -7.1% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 197 | 43.4 | 122 | 92.1 | -22.4% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Nepal in 2022:
- Thailand (10.8 tons)
- India (4.8 tons)
- China (0.7 tons)
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