Nepal: Market for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn 2025

Market Size for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in Nepal

In 2022, after ten years of growth, there was significant decline in the Nepalese metal thread woven fabric market, when its value decreased by -15.6% to $X. In general, consumption, however, recorded a buoyant expansion. As a result, consumption reached the peak level of $X, and then reduced rapidly in the following year.

Production of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in Nepal

In value terms, metal thread woven fabric production stood at $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. Metal thread woven fabric production peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Exports from Nepal

In 2022, exports of woven fabrics of metal thread and woven fabrics of metallised yarn from Nepal soared to X square meters, rising by 144% against 2021. Overall, exports, however, saw a dramatic decrease. Over the period under review, the exports reached the maximum at X square meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal thread woven fabric exports reached $X in 2022. Over the period under review, exports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of 62%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X square meters) was the main destination for metal thread woven fabric exports from Nepal, with a 3,141% share of total exports. Moreover, metal thread woven fabric exports to China exceeded the volume sent to the second major destination, India (X square meters), tenfold.

From 2012 to 2022, the average annual growth rate of volume to China totaled +20.7%.

In value terms, China ($X) remains the key foreign market for woven fabrics of metal thread and woven fabrics of metallised yarn exports from Nepal, comprising 91% of total exports. The second position in the ranking was held by India ($X), with a 9.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at -8.2%.

Export Prices by Country

The average metal thread woven fabric export price stood at $X per square meter in 2022, declining by -54.1% against the previous year. Over the period under review, the export price, however, posted prominent growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 213%. As a result, the export price reached the peak level of $X per square meter, and then shrank significantly 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 China ($X per square meter), while the average price for exports to India totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-23.9%).

Imports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Imports into Nepal

In 2022, after ten years of growth, there was significant decline in purchases abroad of woven fabrics of metal thread and woven fabrics of metallised yarn, when their volume decreased by -16.2% to X square meters. In general, imports, however, saw a strong increase. The growth pace was the most rapid in 2021 when imports increased by 48%. As a result, imports reached the peak of X square meters, and then fell rapidly in the following year.

In value terms, metal thread woven fabric imports declined notably to $X in 2022. Overall, imports, however, enjoyed a moderate expansion. The growth pace was the most rapid in 2020 with an increase of 78% against the previous year. Imports peaked at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

In 2022, India (X square meters) was the main metal thread woven fabric supplier to Nepal, with a 137% share of total imports. It was followed by China (X square meters), with a 2.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India totaled -5.4%.

In value terms, India ($X) constituted the largest supplier of woven fabrics of metal thread and woven fabrics of metallised yarn to Nepal, comprising 99% of total imports. The second position in the ranking was taken by China ($X), with a 0.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India totaled +2.2%.

Import Prices by Country

In 2022, the average metal thread woven fabric import price amounted to $X per square meter, remaining constant against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per square meter in 2020; however, from 2021 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 India ($X per square meter), while the price for China stood at $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.0%).

Source: IndexBox Platform