Report Update Nov 1, 2024

Nepal - Gel Preparations for Human or Veterinary Medicine - Market Analysis, Forecast, Size, Trends and Insights

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Nepal: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in Nepal

The Nepalese medical gel preparations market rose sharply to $X in 2022, surging by 8.9% 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). In general, consumption continues to indicate a strong expansion. Medical gel preparations consumption peaked in 2022 and is expected to retain growth in the near future.

Medical Gel Preparations Exports

Exports from Nepal

In 2021, shipments abroad of gel preparations for human or veterinary medicine decreased by 99.9% to less than X kg for the first time since 2016, thus ending a four-year rising trend. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 39%. The exports peaked at X kg in 2020, and then shrank remarkably in the following year.

In value terms, medical gel preparations exports contracted dramatically to $X in 2021. In general, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2019 when exports increased by 90%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden (X kg) was the main destination for medical gel preparations exports from Nepal, accounting for a 61% share of total exports. Moreover, medical gel preparations exports to Sweden exceeded the volume sent to the second major destination, France (X kg), threefold.

From 2013 to 2020, the average annual growth rate of volume to Sweden was relatively modest.

In value terms, Sweden ($X) emerged as the key foreign market for gel preparations for human or veterinary medicine exports from Nepal, comprising 60% of total exports. The second position in the ranking was taken by France ($X), with a 20% share of total exports.

From 2013 to 2020, the average annual growth rate of value to Sweden was relatively modest.

Export Prices by Country

In 2020, the average medical gel preparations export price amounted to $X per ton, shrinking by -44.8% against the previous year. Overall, the export price, however, saw a resilient increase. The pace of growth appeared the most rapid in 2019 an increase of 36% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced rapidly in the following year.

Average prices varied noticeably for the major export markets. In 2020, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Sweden totaled $X per ton.

From 2013 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+40.7%).

Medical Gel Preparations Imports

Imports into Nepal

In 2022, the amount of gel preparations for human or veterinary medicine imported into Nepal expanded rapidly to X tons, picking up by 13% against 2021. Over the period under review, imports saw a resilient increase. The pace of growth was the most pronounced in 2017 when imports increased by 272% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, medical gel preparations imports fell to $X in 2022. Overall, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by 259% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of medical gel preparations to Nepal, with a 89% share of total imports. Moreover, medical gel preparations imports from India exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), more than tenfold. Turkey (X tons) ranked third in terms of total imports with a 1.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+9.5% per year) and Turkey (-12.8% per year).

In value terms, India ($X) constituted the largest supplier of gel preparations for human or veterinary medicine to Nepal, comprising 60% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports. It was followed by Malaysia, with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +20.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.8% per year) and Malaysia (-1.8% per year).

Import Prices by Country

The average medical gel preparations import price stood at $X per ton in 2022, declining by -13.8% against the previous year. Over the period under review, the import price recorded a abrupt descent. The pace of growth was the most pronounced in 2014 an increase of 34%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

This report provides an in-depth analysis of the medical gel preparations market in Nepal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32505020 - Gel preparations for use in human or veterinary medicine as a lubricant for surgical operations or physical examinations or as a coupling agent between the body and medical instruments

Country coverage:

Nepal

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Nepal
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023