Price for Copper Plates, Sheets and Strip in Nepal - 2022
Contents:
- Price for Copper Plates, Sheets and Strip in Nepal (FOB) - 2022
- Price for Copper Plates, Sheets and Strip in Nepal (CIF) - 2022
- Exports of Copper Plates, Sheets and Strip in Nepal
- Imports of Copper Plates, Sheets and Strip in Nepal
Price for Copper Plates, Sheets and Strip in Nepal (FOB) - 2022
In 2022, the average export price for copper plates, sheets and strips amounted to $8,071 per ton, rising by 29% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 India amounted to +1.6% per year.
Price for Copper Plates, Sheets and Strip in Nepal (CIF) - 2022
In 2022, the average import price for copper plates, sheets and strips amounted to $9,693 per ton, picking up by 26% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 31%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($11,048 per ton), while the price for Malaysia ($1,118 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper Plates, Sheets and Strip in Nepal
After two years of decline, shipments abroad of copper plates, sheets and strips increased by 62% to 693 tons in 2022. In general, exports, however, faced a abrupt decline.
In value terms, copper plates, sheets and strip exports soared to $5.6M in 2022. Overall, exports, however, continue to indicate a deep reduction.
| Export of Copper Plates, Sheets and Strip in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.0 | 4.0 | 2.6 | 5.5 | -7.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.1 | 4.0 | 2.7 | 5.6 | -7.6% |
Top Export Markets for Copper Plates, Sheets and Strip from Nepal in 2022:
- India (684.1 tons)
Imports of Copper Plates, Sheets and Strip in Nepal
In 2022, purchases abroad of copper plates, sheets and strips was finally on the rise to reach 259 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a perceptible setback.
In value terms, copper plates, sheets and strip imports skyrocketed to $2.5M in 2022. Overall, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Copper Plates, Sheets and Strip in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,394 | 1,014 | 915 | 2,345 | 18.9% |
| Turkey | 264 | 28.0 | 33.5 | 96.7 | -28.5% |
| Malaysia | 49.4 | 40.9 | 18.5 | 29.1 | -16.2% |
| Germany | 46.0 | 38.3 | 17.5 | 27.6 | -15.7% |
| South Africa | 87.3 | 84.6 | N/A | N/A | -3.1% |
| Others | 3.1 | 2.0 | 0.5 | 16.8 | 75.7% |
| Total | 1,844 | 1,208 | 985 | 2,515 | 10.9% |
Top Suppliers of Copper Plates, Sheets and Strip to Nepal in 2022:
- India (212.2 tons)
- Malaysia (26.0 tons)
- Turkey (12.3 tons)
- Germany (8.4 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Nepal.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
