Price for Fibres; Synthetic Filament Tow, of Polyesters in Nepal - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Polyesters in Nepal (CIF) - 2022
  2. Imports of Fibres; Synthetic Filament Tow, of Polyesters in Nepal

Price for Fibres; Synthetic Filament Tow, of Polyesters in Nepal (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $1,701 per ton, falling by -27.2% against the previous year. Over the period under review, the import price, however, enjoyed a mild expansion. The pace of growth appeared the most rapid in 2018 an increase of 83%. The import price peaked at $2,581 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +4.3% per year.

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Nepal

In 2022, after three years of growth, there was decline in supplies from abroad of fibres; synthetic filament tow, of polyesterses, when their volume decreased by -3.8% to 5.3 tons. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 141%. As a result, imports attained the peak of 5.5 tons, and then fell modestly in the following year.

In value terms, imports of fibres; synthetic filament tow, of polyesterses shrank dramatically to $9.1K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 211% against the previous year. As a result, imports reached the peak of $13K, and then reduced rapidly in the following year.

Import of Fibres; Synthetic Filament Tow, of Polyesters in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.84.112.89.171.6%
India1.00.10.2N/A-55.3%
OthersN/AN/AN/AN/A0%
Total2.84.212.99.148.1%

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Nepal in 2022:

  1. China (5.3 tons)

Source: IndexBox Market Intelligence Platform

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