Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Nepal - 2022
Contents:
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Nepal (CIF) - 2022
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Nepal (FOB) - 2022
- Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Nepal
- Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Nepal
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Nepal (CIF) - 2022
The average import price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $3,430 per ton in 2022, picking up by 14% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2013 an increase of 29% against the previous year. As a result, import price reached the peak level of $3,508 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($4,280 per ton), while the price for China ($3,239 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Nepal (FOB) - 2022
In 2022, the average export price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $6,551 per ton, increasing by 33% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($19,000 per ton), while the average price for exports to Bhutan amounted to $6,097 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+533.3%).
Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Nepal
In 2022, approx. 1K tons of aluminium; alloys, bars, rods and profiles, other than hollows were imported into Nepal; with a decrease of -45.9% against the previous year's figure. Over the period under review, imports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 9.5%.
In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows declined sharply to $3.5M in 2022. In general, imports continue to indicate a precipitous descent. The smallest decline of -3.7% was in 2021.
| Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.5 | 4.4 | 3.6 | 2.4 | -31.6% |
| India | 0.8 | 1.5 | 2.0 | 1.0 | 7.7% |
| Thailand | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.3 | 5.9 | 5.7 | 3.5 | -25.0% |
Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Nepal in 2022:
- China (740.4 tons)
- India (263.5 tons)
- Thailand (19.9 tons)
Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Nepal
For the fourth consecutive year, Nepal recorded growth in shipments abroad of aluminium; alloys, bars, rods and profiles, other than hollows, which increased by 21% to 3 tons in 2022. The total export volume increased at an average annual rate of +13.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows surged to $20K in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bhutan | 7.5 | 9.4 | 11.8 | 17.9 | 33.6% |
| Thailand | N/A | N/A | N/A | 0.9 | 0% |
| Others | 0.2 | 0.3 | 0.5 | 0.9 | 65.1% |
| Total | 7.7 | 9.7 | 12.3 | 19.8 | 37.0% |
Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Nepal in 2022:
- Bhutan (2.9 tons)
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