Price for Aluminium; Tubes and Pipes in Nepal - 2022
Contents:
- Price for Aluminium; Tubes and Pipes in Nepal (CIF) - 2022
- Imports of Aluminium; Tubes and Pipes in Nepal
Price for Aluminium; Tubes and Pipes in Nepal (CIF) - 2022
In 2022, the average aluminium; tubes and pipes import price amounted to $4,072 per ton, growing by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($14,976 per ton), while the price for India totaled $3,644 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Aluminium; Tubes and Pipes in Nepal
In 2022, approx. 144 tons of aluminium; tubes and pipeses were imported into Nepal; waning by -21.3% on 2021 figures. Overall, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 86% against the previous year. As a result, imports reached the peak of 183 tons, and then shrank significantly in the following year.
In value terms, aluminium; tubes and pipes imports contracted modestly to $587K in 2022. In general, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +2.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 80%. As a result, imports reached the peak of $590K, leveling off in the following year.
| Import of Aluminium; Tubes and Pipes in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 459 | 263 | 542 | 515 | 3.9% |
| China | 44.2 | 19.4 | 28.1 | 27.8 | -14.3% |
| Others | 36.7 | 44.2 | 19.7 | 44.4 | 6.6% |
| Total | 540 | 327 | 590 | 587 | 2.8% |
Top Suppliers of Aluminium; Tubes and Pipes to Nepal in 2022:
- India (141.2 tons)
- China (1.9 tons)
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