Nepal: Plastic Household Articles Market 2025

Plastic Household Articles Market Size in Nepal

In 2022, after five years of growth, there was significant decline in the Nepalese plastic household articles market, when its value decreased by -16.4% to $X. In general, consumption, however, posted a buoyant expansion. Over the period under review, the market hit record highs at $X in 2021, and then fell sharply in the following year.

Plastic Household Articles Exports

Exports from Nepal

In 2022, shipments abroad of household articles and toilet articles of plastics decreased by -14.5% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2019 with an increase of 411%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, plastic household articles exports reached $X in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of 410% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for plastic household articles exports from Nepal, accounting for a 63% share of total exports. Moreover, plastic household articles exports to Australia exceeded the volume sent to the second major destination, Canada (X kg), fourfold. The third position in this ranking was taken by the United States (X kg), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia totaled +159.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+29.3% per year) and the United States (-8.9% per year).

In value terms, Australia ($X), Canada ($X) and the United States ($X) constituted the largest markets for plastic household articles exported from Nepal worldwide, together accounting for 79% of total exports.

Australia, with a CAGR of +120.6%, recorded 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 more modest paces of growth.

Export Prices by Country

In 2022, the average plastic household articles export price amounted to $X per ton, with an increase of 20% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Articles Imports

Imports into Nepal

After five years of growth, purchases abroad of household articles and toilet articles of plastics decreased by -14.5% to X tons in 2022. Overall, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2014 when imports increased by 50% against the previous year. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, plastic household articles imports shrank significantly to $X in 2022. In general, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 95%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X tons) and China (X tons) were the main suppliers of plastic household articles imports to Nepal.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +12.0%).

In value terms, the largest plastic household articles suppliers to Nepal were China ($X) and India ($X).

India, with a CAGR of +17.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average plastic household articles import price stood at $X per ton in 2022, which is down by -4.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 30%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 India totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.6%).

Source: IndexBox Platform