Nepal - Copper; bars, rods and profiles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 4, 2024

Nepal - Copper; bars, rods and profiles - Market Analysis, Forecast, Size, Trends and Insights

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Price for Copper Bar, Rod and Profile in Nepal - 2022

Contents:

  1. Price for Copper Bar, Rod and Profile in Nepal (CIF) - 2022
  2. Price for Copper Bar, Rod and Profile in Nepal (FOB) - 2022
  3. Imports of Copper Bar, Rod and Profile in Nepal
  4. Exports of Copper Bar, Rod and Profile in Nepal

Price for Copper Bar, Rod and Profile in Nepal (CIF) - 2022

The average import price for copper bars, rods and profiles stood at $9,732 per ton in 2022, picking up by 20% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper bar, rod and profile import price increased by +49.6% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 38%. The import price peaked in 2022 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 India ($9,802 per ton), while the price for China amounted to $2,860 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.9%).

Price for Copper Bar, Rod and Profile in Nepal (FOB) - 2022

In 2022, the average export price for copper bars, rods and profiles amounted to $12,049 per ton, growing by 42% against the previous year. In general, the export price saw a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 203%. As a result, the export price attained the peak level of $14,232 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($94,679 per ton), while the average price for exports to the United Arab Emirates ($1,945 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 France (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Bar, Rod and Profile in Nepal

In 2022, the amount of copper bars, rods and profiles imported into Nepal declined to 214 tons, with a decrease of -4.1% compared with 2021 figures. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 316%. As a result, imports attained the peak of 223 tons, and then declined in the following year.

In value terms, copper bar, rod and profile imports skyrocketed to $2.1M in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 475%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Copper Bar, Rod and Profile in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4302511,6922,04868.2%
United Arab EmiratesN/AN/A57.229.4-48.6%
China32.232.827.16.7-40.7%
Others72.830.830.91.8-70.9%
Total5353141,8072,08657.4%

Top Suppliers of Copper Bar, Rod and Profile to Nepal in 2022:

  1. India (209.0 tons)
  2. United Arab Emirates (3.0 tons)
  3. China (2.4 tons)

Exports of Copper Bar, Rod and Profile in Nepal

In 2022, after three years of growth, there was significant decline in overseas shipments of copper bars, rods and profiles, when their volume decreased by -72.2% to 721 kg. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2020 when exports increased by 93%.

In value terms, copper bar, rod and profile exports plummeted to $8.7K in 2022. Overall, exports, however, showed prominent growth. The growth pace was the most rapid in 2020 when exports increased by 484%. As a result, the exports attained the peak of $35K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Copper Bar, Rod and Profile in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.40.319.15.25.7%
France0.2N/AN/A2.7138.1%
India1.11.12.20.5-23.1%
United Arab EmiratesN/A0.50.10.1-55.3%
JapanN/A29.7N/AN/A0%
AustraliaN/A3.1N/AN/A0%
Others0.30.50.60.2-12.6%
Total6.035.221.98.713.2%

Top Export Markets for Copper Bar, Rod and Profile from Nepal in 2022:

  1. China (605.0 kg)
  2. United Arab Emirates (55.0 kg)
  3. France (28.0 kg)
  4. India (21.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for copper bar, rod and profile in Nepal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24442200 - Copper and copper alloy bars, rods, profiles and hollow profiles (excluding bars and rods obtained by casting or sintering, copper wire rod in coils)

Country coverage:

  • Nepal

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Nepal
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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