Mica; Powder Price in Nepal - 2022
Contents:
Mica; Powder Price in Nepal (CIF) - 2022
The average mica; powder import price stood at $335 per ton in 2022, which is down by -6% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 34%. Over the period under review, average import prices attained the peak figure at $847 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 -5.8% per year.
Mica; Powder Imports in Nepal
For the third consecutive year, Nepal recorded decline in purchases abroad of mica; powders, which decreased by -17.3% to 115 tons in 2022. In general, imports faced a deep slump. The smallest decline of -16.9% was in 2021.
In value terms, mica; powder imports shrank dramatically to $38K in 2022. Over the period under review, imports faced a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year.
| Import of Mica; Powder in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 65.9 | 44.2 | 49.3 | 38.4 | -16.5% |
| Others | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Total | 66.2 | 44.4 | 49.5 | 38.5 | -16.5% |
Top Suppliers of Mica; Powder to Nepal in 2022:
- India (114.8 tons)
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