Report Update Nov 1, 2024

Nepal - Other Chemical Products - Market Analysis, Forecast, Size, Trends and Insights

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Nepal: Other Chemical Products Market 2024

Other Chemical Products Market Size in Nepal

After four years of decline, the Nepalese other chemical products market increased by 0.9% to $X in 2022. Overall, consumption showed a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Other Chemical Products Exports

Exports from Nepal

In 2022, overseas shipments of other chemical products were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports enjoyed temperate growth. The most prominent rate of growth was recorded in 2016 with an increase of 460%. Over the period under review, the exports hit record highs at X tons in 2018; afterwards, it flattened through to 2022.

In value terms, other chemical products exports rose to $X in 2022. In general, exports, however, saw a deep reduction. The growth pace was the most rapid in 2016 when exports increased by 83%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for other chemical products exports from Nepal, with 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 +30.0%.

In value terms, India ($X) also remains the key foreign market for other chemical products exports from Nepal.

From 2012 to 2022, the average annual growth rate of value to India totaled +10.4%.

Export Prices by Country

The average other chemical products export price stood at $X per ton in 2022, surging by 2% against the previous year. In general, the export price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 66% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 China amounted to +64.9% per year.

Other Chemical Products Imports

Imports into Nepal

In 2022, after four years of decline, there was significant growth in purchases abroad of other chemical products, when their volume increased by 6.6% to X tons. Over the period under review, imports showed tangible growth. The most prominent rate of growth was recorded in 2016 when imports increased by 74%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, other chemical products imports shrank modestly to $X in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 44% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) was the main other chemical products supplier to Nepal, with a 92% share of total imports. It was followed by Vietnam (X tons), with a 2.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+20.7% per year) and China (-13.5% per year).

In value terms, India ($X) constituted the largest supplier of other chemical products to Nepal, comprising 65% of total imports. The second position in the ranking was held by Vietnam ($X), with a 1.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+19.0% per year) and China (-23.0% per year).

Import Prices by Country

The average other chemical products import price stood at $X per ton in 2022, declining by -9.6% against the previous year. Over the period under review, the import price, however, showed moderate growth. The most prominent rate of growth was recorded in 2013 an increase of 63%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

This report provides an in-depth analysis of the other chemical products 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 20595730 - Naphthenic acids, their water-insoluble salts and their esters
Prodcom 20595910 - Ion-exchangers, getters for vacuum tubes, petroleum sulphonates (excluding petroleum sulphonates of alkali metals, of ammonium or of ethanolamines), thiophenated sulphonic acids of oils obtained from bituminous minerals, a nd their salts
Prodcom 20595920 - Pyrolignites, crude calcium tartrate, crude calcium citrate, antirust preparations containing amines as active constituents
Prodcom 20595930 - Inorganic composite solvents and thinners for varnishes and similar products
Prodcom 20595940 - Anti-scaling and similar compounds
Prodcom 20595953 - Preparations for electroplating
Prodcom 20595957 - Mixtures of mono-, di-and tri-, fatty acid esters of glycerol (emulsifiers for fats)
Prodcom 20595963 - Products and preparations for pharmaceutical or surgical uses
Prodcom 20595965 - Auxiliary products for foundries (excluding prepared binders for foundry moulds or cores)
Prodcom 20595967 - Fire-proofing, water-proofing and similar protective preparations used in the building industry
Prodcom 20595993 - Other chemical products, n.e.c.
Prodcom 21201380 - Other medicaments of mixed or unmixed products, p.r.s., n .e.c.

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