Price for Cotton; Sewing Thread, Put Up for Retail Sale in Nepal - 2022

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Nepal (CIF) - 2022
  2. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Nepal (FOB) - 2022
  3. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Nepal
  4. Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Nepal

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Nepal (CIF) - 2022

The average import price for cotton; sewing thread, put up for retail sale stood at $2,352 per ton in 2022, surging by 42% against the previous year. In general, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2016 an increase of 80% against the previous year. As a result, import price reached the peak level of $3,095 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,379 per ton), while the price for China ($1,060 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.5%), while the prices for the other major suppliers experienced a decline.

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Nepal (FOB) - 2022

The average export price for cotton; sewing thread, put up for retail sale stood at $18,237 per ton in 2022, which is down by -3% against the previous year. In general, the export price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 78%. The export price peaked at $18,805 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($50,067 per ton), while the average price for exports to Singapore ($4,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+128.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Nepal

Imports of cotton; sewing thread, put up for retail sale into Nepal fell sharply to 21 tons in 2022, with a decrease of -59.2% on 2021 figures. In general, imports faced a sharp downturn. The smallest decline of -11.1% was in 2021.

In value terms, imports of cotton; sewing thread, put up for retail sale fell dramatically to $50K in 2022. Overall, imports showed a sharp descent. The smallest decline of -27.3% was in 2020.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India83.162.155.639.6-21.9%
China96.167.329.29.5-53.8%
Thailand1.21.81.41.32.7%
OthersN/AN/A0.7N/A0%
Total18013186.950.3-34.6%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Nepal in 2022:

  1. India (11.7 tons)
  2. China (8.9 tons)
  3. Thailand (0.8 tons)

Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Nepal

In 2022, after three years of growth, there was significant decline in overseas shipments of cotton; sewing thread, put up for retail sale, when their volume decreased by -5.5% to 426 kg. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 256% against the previous year.

In value terms, exports of cotton; sewing thread, put up for retail sale shrank to $7.8K in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 265% against the previous year.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.95.47.75.683.9%
AustraliaN/AN/AN/A1.50%
China0.30.40.40.30.0%
ThailandN/A0.10.30.373.2%
Canada0.10.10.10.10.0%
Others0.3N/A0.10.1-30.7%
Total1.76.18.57.866.2%

Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Nepal in 2022:

  1. United States (345.0 kg)
  2. Australia (30.0 kg)
  3. Thailand (24.0 kg)
  4. Canada (12.0 kg)
  5. China (11.0 kg)

Source: IndexBox Market Intelligence Platform

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