Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Nepal - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Nepal (CIF) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Nepal
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Nepal (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $3,022 per ton, with a decrease of -46.6% against the previous year. In general, the import price, however, recorded tangible growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 67% against the previous year. The import price peaked at $5,665 per ton in 2021, and then dropped dramatically in the following year.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +3.9% per year.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Nepal
Imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms into Nepal soared to 477 tons in 2022, jumping by 29,955% against the previous year's figure. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms soared to $1.4M in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.5 | 5.2 | 9.0 | 1,441 | 539.9% |
| China | 2.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.8 | 5.2 | 9.0 | 1,441 | 469.5% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Nepal in 2022:
- India (476.7 tons)
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