Price for Bromides; of Sodium or of Potassium in Nepal - 2022

Contents:

  1. Price for Bromides; of Sodium or of Potassium in Nepal (CIF) - 2022
  2. Imports of Bromides; of Sodium or of Potassium in Nepal

Price for Bromides; of Sodium or of Potassium in Nepal (CIF) - 2022

In 2022, the average import price for bromides; of sodium or of potassia amounted to $8,947 per ton, rising by 92% against the previous year. Overall, the import price enjoyed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 +15.1% per year.

Imports of Bromides; of Sodium or of Potassium in Nepal

In 2022, imports of bromides; of sodium or of potassia into Nepal declined significantly to 132 kg, waning by -70.7% against the year before. Over the period under review, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year.

In value terms, imports of bromides; of sodium or of potassia reduced rapidly to $1.2K in 2022. In general, imports saw a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 159% against the previous year. As a result, imports reached the peak of $2.1K, and then shrank remarkably in the following year.

Import of Bromides; of Sodium or of Potassium in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.70.82.11.2-11.0%
Others0.2N/AN/AN/A0%
Total1.90.82.11.2-14.2%

Top Suppliers of Bromides; of Sodium or of Potassium to Nepal in 2022:

  1. India (132.0 kg)

Source: IndexBox Market Intelligence Platform

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