Nickel; Unwrought, Alloys Price in Nepal - 2022
Contents:
Nickel; Unwrought, Alloys Price in Nepal (CIF) - 2022
In 2022, the average nickel; unwrought, alloys import price amounted to $13,369 per ton, increasing by 28% against the previous year. Over the period under review, the import price, however, saw a pronounced setback. The pace of growth was the most pronounced in 2019 an increase of 45% against the previous year. The import price peaked at $20,364 per ton in 2012; however, from 2013 to 2022, 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 ($13,372 per ton), while the price for China totaled $13,130 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+91.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Nickel; Unwrought, Alloys Imports in Nepal
In 2022, approx. 1.8 tons of nickel; unwrought, alloyses were imported into Nepal; waning by -15.1% against the previous year. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 622% against the previous year. As a result, imports reached the peak of 2.1 tons, and then reduced remarkably in the following year.
In value terms, nickel; unwrought, alloys imports totaled $24K in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 765%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Nickel; Unwrought, Alloys in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.8 | 2.4 | 20.8 | 23.5 | 69.8% |
| China | 0.1 | 0.1 | 1.1 | 0.3 | 44.2% |
| Others | 2.4 | N/A | N/A | N/A | 0% |
| Total | 7.3 | 2.5 | 21.8 | 23.8 | 48.3% |
Top Suppliers of Nickel; Unwrought, Alloys to Nepal in 2022:
- India (1755.0 kg)
- China (23.0 kg)
290
This report provides an in-depth analysis of the nickel market in Nepal.
1159
This report provides an in-depth analysis of the global nickel market.
290
This report provides an in-depth analysis of the nickel market in Nepal.
1013
This report provides an in-depth analysis of the global nickel market.
1159
This report provides an in-depth analysis of the global nickel market.
84
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1187
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
816
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
999
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
1808
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
889
Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
84
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1187
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
816
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
999
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
