Report Update Nov 1, 2024

Nepal - Plastics Pipes and Pipe Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Nepal: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Nepal

The Nepalese market for plastics pipes and pipe fittings reduced modestly to $X in 2022, approximately reflecting the previous year. Overall, consumption, however, showed a strong expansion. Plastics pipe and pipe fitting consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Plastics Pipes And Pipe Fittings in Nepal

In value terms, plastics pipe and pipe fitting production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, saw a prominent increase. The pace of growth was the most pronounced in 2015 when the production volume increased by 38% against the previous year. Plastics pipe and pipe fitting production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Plastics Pipes And Pipe Fittings

Exports from Nepal

After three years of growth, shipments abroad of plastics pipes and pipe fittings decreased by -14.5% to X tons in 2022. Over the period under review, exports, however, enjoyed a modest expansion. The most prominent rate of growth was recorded in 2019 with an increase of 95%. The exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, plastics pipe and pipe fitting exports reduced notably to $X in 2022. In general, exports, however, enjoyed a notable increase. The growth pace was the most rapid in 2019 when exports increased by 127% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then plummeted in the following year.

Exports by Country

India (X tons) was the main destination for plastics pipe and pipe fitting exports from Nepal, with a 95% share of total exports. Moreover, plastics pipe and pipe fitting exports to India exceeded the volume sent to the second major destination, Moldova (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to India amounted to +1.4%.

In value terms, India ($X) remains the key foreign market for plastics pipes and pipe fittings exports from Nepal, comprising 94% of total exports. The second position in the ranking was taken by Moldova ($X), with a 4.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to India amounted to +3.2%.

Export Prices by Country

In 2022, the average export price for plastics pipes and pipe fittings amounted to $X per ton, which is down by -2% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2019 when the average export price increased by 16%. The export price peaked at $X per ton in 2021, and then fell in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Moldova amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+1.8%).

Imports of Plastics Pipes And Pipe Fittings

Imports into Nepal

Plastics pipe and pipe fitting imports into Nepal shrank to X tons in 2022, with a decrease of -9.3% on the previous year's figure. Overall, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 108% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then reduced in the following year.

In value terms, plastics pipe and pipe fitting imports reduced to $X in 2022. Over the period under review, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 79%. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of plastics pipe and pipe fitting to Nepal, with a 89% share of total imports. Moreover, plastics pipe and pipe fitting imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +15.9%.

In value terms, India ($X) constituted the largest supplier of plastics pipes and pipe fittings to Nepal, comprising 87% of total imports. The second position in the ranking was held by China ($X), with a 9.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +20.3%.

Import Prices by Country

In 2022, the average import price for plastics pipes and pipe fittings amounted to $X per ton, dropping by -3.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 49% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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 China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.8%).

Source: IndexBox Platform

This report provides an in-depth analysis of the market for plastics pipe and pipe fitting 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 22212153 - Rigid tubes, pipes and hoses of polymers of ethylene
Prodcom 22212155 - Rigid tubes, pipes and hoses of polymers of propylene
Prodcom 22212157 - Rigid tubes, pipes and hoses of polymers of vinyl chloride
Prodcom 22212170 - Rigid tubes, pipes and hoses of plastics (excluding of polymers of ethylene, of polymers of propylene, of polymers of vinyl chloride)
Prodcom 22212970 - Fittings, e.g. joints, elbows, flanges, of plastics, for tubes, p ipes and hoses

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