Price for Hydrogen, Rare Gases and Other Non-Metals in Nepal - 2022

Contents:

  1. Price for Hydrogen, Rare Gases and Other Non-Metals in Nepal (CIF) - 2022
  2. Price for Hydrogen, Rare Gases and Other Non-Metals in Nepal (FOB) - 2022
  3. Imports of Hydrogen, Rare Gases and Other Non-Metals in Nepal
  4. Exports of Hydrogen, Rare Gases and Other Non-Metals in Nepal

Price for Hydrogen, Rare Gases and Other Non-Metals in Nepal (CIF) - 2022

In 2022, the average import price for hydrogen, rare gases and other non-metalses amounted to $0.3 per cubic meter, with a decrease of -16.6% against the previous year. Overall, the import price saw a pronounced downturn. The pace of growth appeared the most rapid in 2019 an increase of 35% against the previous year. As a result, import price attained the peak level of $0.8 per cubic meter. From 2020 to 2022, the average import prices failed to regain momentum.

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 China ($1.4 per cubic meter), while the price for India amounted to $0.3 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%).

Price for Hydrogen, Rare Gases and Other Non-Metals in Nepal (FOB) - 2022

In 2022, the average export price for hydrogen, rare gases and other non-metalses amounted to $0.5 per cubic meter, which is down by -90.4% against the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 329%. The export price peaked at $5 per cubic meter in 2021, and then shrank rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Pakistan.

From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to -5.1% per year.

Imports of Hydrogen, Rare Gases and Other Non-Metals in Nepal

In 2022, imports of hydrogen, rare gases and other non-metalses into Nepal skyrocketed to 4.7M cubic meters, increasing by 76% against 2021. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 97%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of hydrogen, rare gases and other non-metalses skyrocketed to $1.6M in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Hydrogen, Rare Gases and Other Non-Metals in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2024368291,41591.3%
China12916556.61668.8%
Others24423121941.0-44.8%
Total5758321,1041,62141.3%

Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Nepal in 2022:

  1. India (4.6M cubic meters)
  2. China (0.1M cubic meters)

Exports of Hydrogen, Rare Gases and Other Non-Metals in Nepal

After two years of decline, overseas shipments of hydrogen, rare gases and other non-metalses increased by 1,052% to 6.2K cubic meters in 2022. Overall, exports posted a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of hydrogen, rare gases and other non-metalses stood at $3K in 2022. The total export value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Hydrogen, Rare Gases and Other Non-Metals in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan1,59530176.02,97723.1%
Singapore33560.014.0N/A-79.6%
ChinaN/AN/A2,571N/A0%
Others5092,20133.0N/A-74.5%
Total2,4392,5622,6942,9776.9%

Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Nepal in 2022:

  1. Pakistan (6.2K cubic meters)

Source: IndexBox Market Intelligence Platform

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