Price for Dithionites and Sulphoxylates; of Sodium in Nepal - 2022
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Nepal (CIF) - 2022
- Imports of Dithionites and Sulphoxylates; of Sodium in Nepal
Price for Dithionites and Sulphoxylates; of Sodium in Nepal (CIF) - 2022
In 2022, the average import price for dithionites and sulphoxylates; of sodia amounted to $2,042 per ton, increasing by 85% against the previous year. Over the period under review, the import price saw a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 India ($2,276 per ton), while the price for China stood at $1,296 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%).
Imports of Dithionites and Sulphoxylates; of Sodium in Nepal
In 2022, purchases abroad of dithionites and sulphoxylates; of sodia decreased by -22.2% to 81 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 78% against the previous year. As a result, imports reached the peak of 104 tons, and then reduced dramatically in the following year.
In value terms, dithionites and sulphoxylates; of sodium imports surged to $165K in 2022. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 75%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Dithionites and Sulphoxylates; of Sodium in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 41.8 | 43.4 | 93.3 | 135 | 47.8% |
| China | 13.5 | 21.4 | 20.8 | 28.0 | 27.5% |
| Others | 1.0 | 0.8 | 0.7 | 2.9 | 42.6% |
| Total | 56.3 | 65.5 | 115 | 165 | 43.1% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Nepal in 2022:
- India (59.1 tons)
- China (21.6 tons)
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