Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Nepal - 2022
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Nepal (CIF) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Nepal
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Nepal (CIF) - 2022
The average import price for rubber stood at $2,508 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 74%. As a result, import price attained the peak level of $4,346 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,729 per ton), while the price for the UK ($2,339 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.5%).
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Nepal
Imports of rubber into Nepal rose sharply to 57 tons in 2022, growing by 13% against the previous year's figure. Overall, imports recorded a strong increase. The growth pace was the most rapid in 2021 with an increase of 789% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of rubber expanded remarkably to $143K in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 922%.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 138 | 170 | 122 | 9.3 | -59.3% |
| China | N/A | 2.2 | 3.2 | 1.2 | -26.1% |
| United Kingdom | N/A | N/A | N/A | 0.1 | 0% |
| Others | 6.7 | -159.4 | 2.1 | 133 | 170.8% |
| Total | 145 | 12.4 | 127 | 143 | -0.5% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Nepal in 2022:
- India (2.5 tons)
- China (0.5 tons)
- United Kingdom (0.1 tons)
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