Waferboard Price in Nepal - 2021

Contents:

1. Waferboard Price in Nepal (CIF) - 2022
2. Waferboard Price in Nepal (FOB) - 2022
3. Waferboard Imports in Nepal
4. Waferboard Exports in Nepal

Waferboard Price in Nepal (CIF) - 2022

In 2022, the average waferboard import price amounted to $400 per cubic meter, with an increase of 5.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 34% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($699 per cubic meter), while the price for India amounted to $400 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%).

Waferboard Price in Nepal (FOB) - 2022

The average waferboard export price stood at $275 per cubic meter in 2022, remaining constant against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 6% against the previous year. Over the period under review, the average export prices attained the peak figure at $299 per cubic meter in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 -0.1% per year.

Waferboard Imports in Nepal

Waferboard imports into Nepal fell markedly to 5.1K cubic meters in 2022, waning by -16.2% on the previous year. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. Over the period under review, imports attained the maximum at 6.1K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, waferboard imports dropped to $2M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 78% against the previous year. As a result, imports reached the peak of $2.3M, and then dropped in the following year.

Top Suppliers of Waferboard to Nepal in 2022:

1. China (undefinedK cubic meters)
2. India (5.1K cubic meters)

Waferboard Exports in Nepal

In 2022, the amount of waferboards exported from Nepal fell markedly to 103 cubic meters, declining by -20.2% compared with the previous year's figure. In general, exports recorded a dramatic shrinkage. The smallest decline of -19.9% was in 2021. The exports peaked at 202 cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, waferboard exports declined dramatically to $28K in 2022. Over the period under review, exports continue to indicate a dramatic shrinkage. The exports peaked at $55K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Waferboard from Nepal in 2022:

1. India (103.0 cubic meters)

Source: IndexBox Market Intelligence Platform