Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Nepal - 2022

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Nepal (CIF) - 2022
  2. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Nepal

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Nepal (CIF) - 2022

The average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $2,740 per ton in 2022, rising by 16% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $3,075 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,753 per ton), while the price for China stood at $2,551 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.1%).

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Nepal

In 2022, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into Nepal dropped to 1.7K tons, shrinking by -7.9% against 2021 figures. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 280% against the previous year. As a result, imports attained the peak of 1.9K tons, and then reduced in the following year.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s rose significantly to $4.7M in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 254% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Nepal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.81.24.34.232.6%
China0.2N/A0.10.426.0%
Others0.1N/AN/AN/A0%
Total2.11.24.44.730.8%

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Nepal in 2022:

  1. India (1539.2 tons)
  2. China (175.5 tons)

Source: IndexBox Market Intelligence Platform

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