Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Nepal - 2022

Contents:

1. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Nepal (CIF) - 2022
2. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Nepal (FOB) - 2022
3. Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Nepal
4. Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Nepal

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Nepal (CIF) - 2022

In 2022, the average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $9,514 per ton, reducing by -6.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 56% against the previous year. As a result, import price attained the peak level of $10,144 per ton, and then fell in the following year.

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 ($10,775 per ton), while the price for Germany stood at $2,257 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Nepal (FOB) - 2022

In 2022, the average export price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $6,282 per ton, which is down by -4.3% against the previous year. Over the period under review, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 15%. Over the period under review, the average export prices reached the maximum at $9,213 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 -3.8% per year.

Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Nepal

In 2022, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses into Nepal declined to 128 tons, dropping by -5.6% on 2021 figures. Over the period under review, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 176%. As a result, imports attained the peak of 136 tons, and then contracted in the following year.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses fell to $1.2M in 2022. Overall, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 331%. As a result, imports reached the peak of $1.4M, and then fell in the following year.

Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Nepal in 2022:

1. India (109.2 tons)
2. Germany (19.0 tons)

Exports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Nepal

For the fourth year in a row, Nepal recorded growth in overseas shipments of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses, which increased by 9% to 10 tons in 2022. The total export volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $64K in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 4.3% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Export Markets for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils from Nepal in 2022:

1. India (10.2 tons)

Source: IndexBox Market Intelligence Platform