Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Nepal - 2022

Contents:

1. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Nepal (CIF) - 2022
2. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Nepal (FOB) - 2022
3. Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Nepal
4. Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Nepal

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Nepal (CIF) - 2022

In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $5,114 per ton, declining by -28.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 102%. As a result, import price reached the peak level of $7,151 per ton, and then fell rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($17,982 per ton), while the price for China ($3,684 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Nepal (FOB) - 2022

In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $6,515 per ton, picking up by 66% against the previous year. Overall, the export price, however, continues to indicate a perceptible reduction. The export price peaked at $8,719 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -2.9% per year.

Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Nepal

In 2022, purchases abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals decreased by -15.5% to 34 tons, falling for the second year in a row after two years of growth. Overall, imports faced a sharp shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 32%. As a result, imports attained the peak of 141 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals reduced rapidly to $175K in 2022. In general, imports showed a sharp slump. The smallest decline of -5.8% was in 2020.

Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Nepal in 2022:

1. China (23.5 tons)
2. India (10.0 tons)
3. Italy (0.6 tons)
4. Germany (0.2 tons)

Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Nepal

Exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals from Nepal skyrocketed to 101 kg in 2022, rising by 46% compared with 2021. Over the period under review, exports, however, continue to indicate a deep contraction.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals soared to $658 in 2022. In general, exports showed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Nepal in 2022:

1. Canada (101.0 kg)

Source: IndexBox Market Intelligence Platform