Salts; Tungstates (Wolframates) Price in Nepal - 2021

Contents:

  1. Salts; Tungstates (Wolframates) Price in Nepal (CIF) - 2022
  2. Salts; Tungstates (Wolframates) Imports in Nepal

Salts; Tungstates (Wolframates) Price in Nepal (CIF) - 2022

The average salts; tungstates (wolframates) import price stood at $56,667 per ton in 2022, shrinking by -39.9% against the previous year. Over the period under review, the import price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 866% against the previous year. The import price peaked at $94,333 per ton in 2021, and then contracted dramatically in the following year.

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 +17.1% per year.

Salts; Tungstates (Wolframates) Imports in Nepal

Salts; tungstates (wolframates) imports into Nepal soared to 12 kg in 2022, picking up by 300% compared with the previous year. Overall, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 1,800% against the previous year. As a result, imports attained the peak of 19 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, salts; tungstates (wolframates) imports soared to $680 in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 18,260%. As a result, imports attained the peak of $918. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Salts; Tungstates (Wolframates) in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5.0918283680414.3%
OthersN/AN/AN/AN/A0%
Total5.0918283680414.3%

Top Suppliers of Salts; Tungstates (Wolframates) to Nepal in 2022:

  1. India (12.0 kg)

Source: IndexBox Market Intelligence Platform

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