Nepal: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2025

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Nepal

The Nepalese articles of fiber cement market contracted remarkably to $X in 2022, which is down by -37.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed strong growth. As a result, consumption attained the peak level of $X, and then dropped rapidly in the following year.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Nepal

In 2018, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were exported from Nepal; growing by 469% on the previous year's figure. In general, exports enjoyed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, articles of fiber cement exports skyrocketed to $X in 2018. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Bhutan (X tons) was the main destination for articles of fiber cement exports from Nepal, accounting for a 84% share of total exports. Moreover, articles of fiber cement exports to Bhutan exceeded the volume sent to the second major destination, India (X kg), tenfold.

From 2012 to 2018, the average annual rate of growth in terms of volume to Bhutan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-9.7% per year) and the United States (-48.1% per year).

In value terms, the United States ($X), Bhutan ($X) and India ($X) constituted the largest markets for articles of fiber cement exported from Nepal worldwide.

The United States, with a CAGR of +61.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average articles of fiber cement export price stood at $X per ton in 2018, jumping by 148% against the previous year. In general, the export price recorded a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2018, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+211.6%).

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Nepal

In 2022, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were imported into Nepal; falling by -43.9% on the previous year's figure. Over the period under review, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 with an increase of 83%. As a result, imports reached the peak of X tons, and then declined remarkably in the following year.

In value terms, articles of fiber cement imports declined remarkably to $X in 2022. Overall, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 87% against the previous year. As a result, imports reached the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest articles of fiber cement supplier to Nepal, with a 89% share of total imports. Moreover, articles of fiber cement imports from India exceeded the figures recorded by the second-largest supplier, Thailand (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume from India stood at +9.8%.

In value terms, India ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to Nepal, comprising 86% of total imports. The second position in the ranking was held by Thailand ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India stood at +7.4%.

Import Prices by Country

In 2022, the average articles of fiber cement import price amounted to $X per ton, rising by 13% against the previous year. Overall, the import price, however, continues to indicate a perceptible curtailment. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-1.8%).

Source: IndexBox Platform