Price for Artwork; Collages and Similar Decorative Plaques in Nepal - 2022
Contents:
- Price for Artwork; Collages and Similar Decorative Plaques in Nepal (FOB) - 2022
- Price for Artwork; Collages and Similar Decorative Plaques in Nepal (CIF) - 2022
- Exports of Artwork; Collages and Similar Decorative Plaques in Nepal
- Imports of Artwork; Collages and Similar Decorative Plaques in Nepal
Price for Artwork; Collages and Similar Decorative Plaques in Nepal (FOB) - 2022
In 2022, the average export price for artwork; collages and similar decorative plaqueses amounted to $7,093 per ton, waning by -20% against the previous year. Overall, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2014 an increase of 17% against the previous year. The export price peaked at $29,289 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($19,750 per ton), while the average price for exports to India ($2,976 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 Singapore (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Artwork; Collages and Similar Decorative Plaques in Nepal (CIF) - 2022
The average import price for artwork; collages and similar decorative plaqueses stood at $23,092 per ton in 2022, dropping by -26.9% against the previous year. Over the period under review, the import price saw a perceptible contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 42%. The import price peaked at $44,423 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($448,000 per ton), while the price for India ($16,581 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+33.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Artwork; Collages and Similar Decorative Plaques in Nepal
Exports of artwork; collages and similar decorative plaqueses from Nepal surged to 12 tons in 2022, rising by 28% on 2021 figures. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 65%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of artwork; collages and similar decorative plaqueses rose modestly to $88K in 2022. The total export value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 30%. As a result, the exports reached the peak of $90K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Artwork; Collages and Similar Decorative Plaques in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 32.3 | 26.5 | 29.9 | 28.6 | -4.0% |
| Singapore | 0.5 | 0.7 | 10.4 | 10.0 | 171.4% |
| Lithuania | 4.3 | 5.6 | 4.6 | 5.2 | 6.5% |
| United States | 0.4 | 19.9 | 0.3 | 4.5 | 124.1% |
| United Kingdom | 5.5 | 5.0 | 3.6 | 3.5 | -14.0% |
| Italy | 2.6 | 3.7 | 3.1 | 3.0 | 4.9% |
| Canada | 1.9 | 3.1 | 1.9 | 1.9 | 0.0% |
| France | 2.0 | 1.1 | 1.0 | 1.0 | -20.6% |
| Others | 19.8 | 24.5 | 30.9 | 30.3 | 15.2% |
| Total | 69.3 | 90.1 | 85.9 | 88.0 | 8.3% |
Top Export Markets for Artwork; Collages and Similar Decorative Plaques from Nepal in 2022:
- India (9.6 tons)
- Singapore (0.5 tons)
- United Kingdom (0.5 tons)
- Lithuania (0.3 tons)
- United States (0.2 tons)
- France (0.2 tons)
- Canada (0.1 tons)
- Italy (0.1 tons)
Imports of Artwork; Collages and Similar Decorative Plaques in Nepal
In 2022, imports of artwork; collages and similar decorative plaqueses into Nepal skyrocketed to 271 kg, jumping by 49% compared with the previous year. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. As a result, imports reached the peak of 304 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of artwork; collages and similar decorative plaqueses expanded significantly to $6.3K in 2022. In general, imports, however, showed a drastic downturn.
| Import of Artwork; Collages and Similar Decorative Plaques in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.1 | 4.7 | 3.1 | 4.1 | 9.8% |
| Thailand | 0.2 | 0.4 | 0.4 | 0.6 | 44.2% |
| United Arab Emirates | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
| China | 1.0 | 0.9 | 0.1 | 0.4 | -26.3% |
| Tanzania | 0.2 | N/A | 0.2 | N/A | 0.0% |
| Israel | 2.8 | N/A | 0.8 | N/A | -46.5% |
| Others | 0.2 | 0.3 | 0.8 | 0.7 | 51.8% |
| Total | 7.8 | 6.8 | 5.8 | 6.3 | -6.9% |
Top Suppliers of Artwork; Collages and Similar Decorative Plaques to Nepal in 2022:
- India (246.0 kg)
- Thailand (13.0 kg)
- United Arab Emirates (6.0 kg)
- China (1.0 kg)
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