Price for Copper Alloy Tube or Pipe Fitting in Nepal - 2022

Contents:

1. Price for Copper Alloy Tube or Pipe Fitting in Nepal (CIF) - 2022
2. Price for Copper Alloy Tube or Pipe Fitting in Nepal (FOB) - 2022
3. Imports of Copper Alloy Tube or Pipe Fitting in Nepal
4. Exports of Copper Alloy Tube or Pipe Fitting in Nepal

Price for Copper Alloy Tube or Pipe Fitting in Nepal (CIF) - 2022

In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $8,298 per ton, surging by 2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2021 an increase of 20%. Over the period under review, average import prices reached the peak figure at $8,376 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($15,076 per ton), while the price for India amounted to $8,151 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.8%).

Price for Copper Alloy Tube or Pipe Fitting in Nepal (FOB) - 2022

In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $5,974 per ton, which is down by -62.4% against the previous year. Overall, the export price, however, continues to indicate measured growth. The most prominent rate of growth was recorded in 2015 an increase of 79%. Over the period under review, the average export prices reached the peak figure at $39,417 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($18,000 per ton), while the average price for exports to the United Arab Emirates ($2,147 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+14.7%).

Imports of Copper Alloy Tube or Pipe Fitting in Nepal

In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of copper alloys imported into Nepal shrank remarkably to 269 tons, with a decrease of -22.7% against 2021 figures. Overall, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 105% against the previous year. As a result, imports reached the peak of 349 tons, and then dropped markedly in the following year.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys declined dramatically to $2.2M in 2022. In general, imports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 147%. As a result, imports attained the peak of $2.8M, and then fell notably in the following year.

Top Suppliers of Copper Alloy Tube or Pipe Fitting to Nepal in 2022:

1. India (265.4 tons)

Exports of Copper Alloy Tube or Pipe Fitting in Nepal

In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of copper alloys exported from Nepal skyrocketed to 2.5 tons, growing by 4,792% on the previous year. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys skyrocketed to $15K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Copper Alloy Tube or Pipe Fitting from Nepal in 2022:

1. Canada (2209.0 kg)
2. United Arab Emirates (266.0 kg)
3. Czech Republic (1.0 kg)

Source: IndexBox Market Intelligence Platform