Salts; Sodium Dichromate Price in Nepal - 2022

Contents:

  1. Salts; Sodium Dichromate Price in Nepal (CIF) - 2022
  2. Salts; Sodium Dichromate Imports in Nepal

Salts; Sodium Dichromate Price in Nepal (CIF) - 2022

In 2022, the average salts; sodium dichromate import price amounted to $2,187 per ton, rising by 16% against the previous year. Over the period under review, the import price saw a strong increase. The growth pace was the most rapid in 2017 when the average import price increased by 57%. As a result, import price attained the peak level of $2,625 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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 +8.0% per year.

Salts; Sodium Dichromate Imports in Nepal

In 2022, the amount of salts; sodium dichromate imported into Nepal dropped significantly to 21 tons, declining by -52.6% compared with the year before. Over the period under review, imports showed a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 263%. As a result, imports attained the peak of 44 tons, and then reduced markedly in the following year.

In value terms, salts; sodium dichromate imports reduced remarkably to $45K in 2022. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 253%. As a result, imports reached the peak of $82K, and then contracted notably in the following year.

Import of Salts; Sodium Dichromate in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India53.418.838.845.2-5.4%
China1.94.443.2N/A376.8%
OthersN/AN/AN/AN/A0%
Total55.323.282.045.2-6.5%

Top Suppliers of Salts; Sodium Dichromate to Nepal in 2022:

  1. India (20.7 tons)

Source: IndexBox Market Intelligence Platform

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