Price for Albumins; Albuminates and Other Albumin Derivatives in Nepal - 2022

Contents:

  1. Price for Albumins; Albuminates and Other Albumin Derivatives in Nepal (CIF) - 2022
  2. Imports of Albumins; Albuminates and Other Albumin Derivatives in Nepal

Price for Albumins; Albuminates and Other Albumin Derivatives in Nepal (CIF) - 2022

In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $18,404 per ton, picking up by 65% against the previous year. In general, the import price recorded a resilient expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 164% against the previous year. The import price peaked at $19,548 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 +8.8% per year.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Nepal

In 2022, overseas purchases of albumins; albuminates and other albumin derivativeses decreased by -12.9% to 11 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 158% against the previous year. As a result, imports reached the peak of 24 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of albumins; albuminates and other albumin derivativeses skyrocketed to $204K in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 60% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Albumins; Albuminates and Other Albumin Derivatives in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India61.994.014320448.8%
Germany0.27.9N/AN/A3850.0%
Others1.60.3N/A0.5-32.1%
Total63.710214320447.4%

Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Nepal in 2022:

  1. India (11.1 tons)

Source: IndexBox Market Intelligence Platform

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