Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Nepal - 2022

Contents:

  1. Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Nepal (CIF) - 2022
  2. Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Nepal

Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Nepal (CIF) - 2022

The average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $6,176 per ton in 2022, growing by 9.8% against the previous year. In general, the import price saw a prominent increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 19%. The import price peaked at $6,862 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 +9.0% per year.

Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Nepal

In 2022, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses into Nepal reduced to 1.1 tons, waning by -9.2% on the previous year's figure. In general, imports saw a sharp slump. The pace of growth appeared the most rapid in 2021 when imports increased by 23%.

In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses reduced modestly to $6.7K in 2022. Overall, imports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 0.5% against the previous year.

Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India13.56.66.76.7-20.8%
OthersN/AN/AN/AN/A0%
Total13.56.66.76.7-20.8%

Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Nepal in 2022:

  1. India (1.1 tons)

Source: IndexBox Market Intelligence Platform

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