Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Nepal - 2022
Contents:
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Nepal (CIF) - 2022
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Nepal (FOB) - 2022
- Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Nepal
- Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Nepal
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Nepal (CIF) - 2022
In 2022, the average import price for articles of precious metal or of metal clad with precious metal amounted to $17,090 per ton, reducing by -2.4% against the previous year. In general, the import price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 when the average import price increased by 59%. As a result, import price reached the peak level of $21,659 per ton. From 2019 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 China ($22,980 per ton), while the price for India totaled $15,512 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Nepal (FOB) - 2022
In 2022, the average export price for articles of precious metal or of metal clad with precious metal amounted to $51,000 per ton, with an increase of 314% against the previous year. In general, the export price, however, showed a drastic downturn. The export price peaked at $135,598 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -15.1% per year.
Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Nepal
In 2022, approx. 715 kg of articles of precious metal or of metal clad with precious metal were imported into Nepal; with a decrease of -64.7% compared with the year before. Overall, imports showed a sharp descent. The growth pace was the most rapid in 2021 when imports increased by 269%.
In value terms, imports of articles of precious metal or of metal clad with precious metal reduced dramatically to $12K in 2022. In general, imports showed a dramatic slump. The pace of growth appeared the most rapid in 2021 when imports increased by 244%. As a result, imports reached the peak of $35K, and then dropped notably in the following year.
| Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 28.4 | 7.7 | 30.8 | 8.7 | -32.6% |
| China | 2.1 | 0.9 | 1.9 | 3.5 | 18.6% |
| Thailand | 3.2 | 0.1 | 1.5 | N/A | -31.5% |
| Others | 0.4 | 1.6 | 1.2 | N/A | 73.2% |
| Total | 34.2 | 10.3 | 35.4 | 12.2 | -29.1% |
Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Nepal in 2022:
- India (564.0 kg)
- China (151.0 kg)
Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Nepal
In 2022, exports of articles of precious metal or of metal clad with precious metal from Nepal dropped significantly to 1 kg, waning by -88.9% against 2021. In general, exports saw a dramatic contraction. The smallest decline of -74.3% was in 2021.
In value terms, exports of articles of precious metal or of metal clad with precious metal reduced sharply to $51 in 2022. Over the period under review, exports showed a significant decline.
| Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 51.0 | 0% |
| Norway | 1,683 | N/A | N/A | N/A | 0% |
| Thailand | 100 | 26.0 | 2.0 | N/A | -85.9% |
| Belgium | 126 | 43.0 | 4.0 | N/A | -82.2% |
| Switzerland | 800 | 201 | 17.0 | N/A | -85.4% |
| United States | 3,902 | 1,112 | 82.0 | N/A | -85.5% |
| Taiwan (Chinese) | 8.0 | 2.0 | 1.0 | N/A | -64.6% |
| Australia | 2,183 | N/A | N/A | N/A | 0% |
| Canada | 153 | 43.0 | 3.0 | N/A | -86.0% |
| Others | 897 | 17.0 | 2.0 | N/A | -95.3% |
| Total | 9,852 | 1,444 | 111 | 51.0 | -82.7% |
Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Nepal in 2022:
- India (1.0 kg)
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