Sulphites; of Sodium Price in Nepal - 2022
Contents:
Sulphites; of Sodium Price in Nepal (CIF) - 2022
In 2022, the average sulphites; of sodium import price amounted to $328 per ton, picking up by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2021 an increase of 33% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
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 -1.0% per year.
Sulphites; of Sodium Imports in Nepal
In 2022, purchases abroad of sulphites; of sodia was finally on the rise to reach 749 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a deep setback.
In value terms, sulphites; of sodium imports skyrocketed to $245K in 2022. Over the period under review, imports, however, showed a perceptible decrease.
| Import of Sulphites; of Sodium in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 269 | 68.3 | 53.3 | 245 | -3.1% |
| Others | 3.4 | 4.9 | 3.2 | N/A | -3.0% |
| Total | 272 | 73.2 | 56.4 | 245 | -3.4% |
Top Suppliers of Sulphites; of Sodium to Nepal in 2022:
- India (748.7 tons)
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