Nepal: Market for Organic Surface-Active Products For Washing The Skin 2024

Market Size for Organic Surface-Active Products For Washing The Skin in Nepal

The Nepalese skin organic surface-active products market totaled $X in 2022, with an increase of 9.9% 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). Overall, consumption posted a significant increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Exports of Organic Surface-Active Products For Washing The Skin

Exports from Nepal

After two years of decline, shipments abroad of organic surface-active products for washing the skin increased by 247% to X kg in 2022. Overall, exports, however, saw a significant decrease. The pace of growth was the most pronounced in 2019 when exports increased by 325% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, skin organic surface-active products exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of 429% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for skin organic surface-active products exports from Nepal, accounting for a 81% share of total exports. Moreover, skin organic surface-active products exports to the United States exceeded the volume sent to the second major destination, China (X kg), sevenfold. Belgium (X kg) ranked third in terms of total exports with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +42.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-6.1% per year) and Belgium (+34.2% per year).

In value terms, the United States ($X) remains the key foreign market for organic surface-active products for washing the skin exports from Nepal, comprising 93% of total exports. The second position in the ranking was held by Belgium ($X), with a 3.1% share of total exports. It was followed by China, with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +56.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+22.7% per year) and China (-7.9% per year).

Export Prices by Country

The average skin organic surface-active products export price stood at $X per ton in 2022, rising by 12% against the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 91%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($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 the United States (+10.5%), while the prices for the other major destinations experienced a decline.

Imports of Organic Surface-Active Products For Washing The Skin

Imports into Nepal

Skin organic surface-active products imports into Nepal rose to X tons in 2022, picking up by 1.6% compared with the year before. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 264%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, skin organic surface-active products imports soared to $X in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 254% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest skin organic surface-active products supplier to Nepal, with a 84% share of total imports. Moreover, skin organic surface-active products imports from India exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. The third position in this ranking was taken by Vietnam (X tons), with a 3.2% share.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +29.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+15.2% per year) and Vietnam (+17.0% per year).

In value terms, India ($X) constituted the largest supplier of organic surface-active products for washing the skin to Nepal, comprising 72% of total imports. The second position in the ranking was taken by Thailand ($X), with an 8.9% share of total imports. It was followed by Vietnam, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value from India amounted to +28.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+29.7% per year) and Vietnam (+25.3% per year).

Import Prices by Country

In 2022, the average skin organic surface-active products import price amounted to $X per ton, increasing by 14% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, skin organic surface-active products import price decreased by -19.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 79% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform