Key Market Indicators
Nepal's aromatics import market is on a steady climb, projected to reach approximately $62,000 by 2028. This marks a significant increase from the roughly $51,000 recorded in 2023. The sector is expected to grow at an average annual rate of 3.1% over the next five years. This upward trend continues a pattern observed since 1999, during which Nepalese demand for aromatics has increased by an average of 4.9% each year. These figures highlight the expanding appetite for aromatic products in Nepal, reflecting broader economic and consumer trends in the region.
