Nepal: Solid Biofuel Market 2025

Solid Biofuel Market Size in Nepal

In 2022, the Nepalese solid biofuel market decreased by X% to $X, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Solid biofuel consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Solid Biofuel Production in Nepal

In value terms, solid biofuel production rose sharply to $X in 2022 estimated in export price. In general, production, however, showed resilient growth. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Solid Biofuel Exports

Exports from Nepal

In 2022, exports of solid biofuels from Nepal reduced remarkably to X tons, falling by X% against the previous year. Over the period under review, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, solid biofuel exports fell dramatically to $X in 2022. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for solid biofuel exports from Nepal, with a X% share of total exports. Moreover, solid biofuel exports to India exceeded the volume sent to the second major destination, China (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and the United States (X% per year).

In value terms, India ($X) remains the key foreign market for solid biofuels exports from Nepal, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average solid biofuel export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a 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 the United States ($X per ton), while the average price for exports to India ($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 (X%), while the prices for the other major destinations experienced mixed trend patterns.

Solid Biofuel Imports

Imports into Nepal

In 2022, imports of solid biofuels into Nepal declined rapidly to X tons, with a decrease of X% compared with 2021 figures. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then shrank markedly in the following year.

In value terms, solid biofuel imports shrank significantly to $X in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

In 2022, India (X tons) was the main solid biofuel supplier to Nepal, with a X% share of total imports. Moreover, solid biofuel imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

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

In value terms, India ($X) constituted the largest supplier of solid biofuels to Nepal, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

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

Import Prices by Country

The average solid biofuel import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Indonesia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform