Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Nepal - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Nepal (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Nepal
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Nepal (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses stood at $1,200 per ton in 2022, waning by -32.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 65%. The import price peaked at $8,750 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 -7.8% per year.
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Nepal
For the fourth year in a row, Nepal recorded growth in purchases abroad of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses, which increased by 15% to 15 kg in 2022. The total import volume increased at an average annual rate of +14.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses contracted sharply to $18 in 2022. Over the period under review, imports, however, continue to indicate a dramatic decrease. The smallest decline of -19.4% was in 2020.
| Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 36.0 | 29.0 | 23.0 | 18.0 | -20.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 36.0 | 29.0 | 23.0 | 18.0 | -20.6% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Nepal in 2022:
- India (15.0 kg)
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