Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Nepal - 2022
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Nepal (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Nepal (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Nepal
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Nepal
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Nepal (CIF) - 2022
In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,248 per ton, surging by 8% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for adhesives; prepared, based on rubber or plastics (including artificial resins) increased by +19.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 37% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,356 per ton), while the price for India stood at $2,180 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.8%).
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Nepal (FOB) - 2022
The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $1,136 per ton in 2022, rising by 30% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 an increase of 79%. As a result, the export price attained the peak level of $1,400 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +29.8% per year.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Nepal
Imports of adhesives; prepared, based on rubber or plastics (including artificial resins) into Nepal expanded modestly to 7.1K tons in 2022, with an increase of 4.3% on the year before. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 75%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) expanded significantly to $16M in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 94% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.6 | 6.1 | 12.4 | 14.4 | 23.7% |
| China | 0.9 | 0.7 | 1.2 | 0.9 | 0.0% |
| Others | 0.4 | 0.5 | 0.5 | 0.6 | 14.5% |
| Total | 8.9 | 7.3 | 14.1 | 15.9 | 21.3% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Nepal in 2022:
- India (6.6K tons)
- China (0.4K tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Nepal
After three years of growth, shipments abroad of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -22.4% to 6.1 tons in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 54% against the previous year.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) reached $7K in 2022. The total export value increased at an average annual rate of +12.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 42%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.5 | 5.0 | 5.0 | 7.0 | 40.9% |
| Others | 2.3 | 1.9 | 1.9 | N/A | -9.1% |
| Total | 4.8 | 6.9 | 6.9 | 7.0 | 13.4% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Nepal in 2022:
- India (6.1 tons)
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Nepal.
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This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Nepal.
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This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
