Nepal: Market for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Nepal

The Nepalese market for non-plasticised mixed polyvinyl chloride in primary forms contracted modestly to $X in 2022, which is down by -4.3% against the previous year. Over the period under review, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.1% against 2020 indices. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Nepal

In value terms, production of non-plasticised mixed polyvinyl chloride in primary forms dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 52%. Over the period under review, production of reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Nepal

In 2022, approx. X tons of non-plasticised mixed polyvinyl chloride in primary forms were exported from Nepal; with an increase of 162% on 2021 figures. Overall, exports showed a resilient expansion. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of non-plasticised mixed polyvinyl chloride in primary forms surged to $X in 2022. Over the period under review, exports enjoyed a temperate expansion. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for exports of non-plasticised mixed polyvinyl chloride in primary forms from Nepal, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to India amounted to +11.3%.

In value terms, India ($X) also remains the key foreign market for non-plasticised mixed polyvinyl chloride in primary forms exports from Nepal.

From 2012 to 2022, the average annual rate of growth in terms of value to India stood at +3.5%.

Export Prices by Country

In 2022, the average export price for non-plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, which is down by -29.8% against the previous year. In general, the export price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, 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 -7.0% per year.

Imports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Nepal

In 2022, imports of non-plasticised mixed polyvinyl chloride in primary forms into Nepal fell sharply to X tons, declining by -21.4% on the previous year. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 352%. Imports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, imports of non-plasticised mixed polyvinyl chloride in primary forms reduced rapidly to $X in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 259% against the previous year. Imports peaked at $X in 2021, and then contracted markedly in the following year.

Imports by Country

South Korea (X tons), Singapore (X tons) and China (X tons) were the main suppliers of imports of non-plasticised mixed polyvinyl chloride in primary forms to Nepal, with a combined 63% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +36.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), South Korea ($X) and China ($X) appeared to be the largest non-plasticised mixed polyvinyl chloride in primary forms suppliers to Nepal, with a combined 63% share of total imports.

South Korea, with a CAGR of +42.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for non-plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, shrinking by -6.6% against the previous year. Over the period under review, the import price recorded a mild reduction. The pace of growth was the most pronounced in 2021 an increase of 29%. The import price peaked 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 countries with the highest prices were Singapore ($X per ton) and South Korea ($X per ton), while the price for India ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform