Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal - 2022

Contents:

  1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal (CIF) - 2022
  2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal (FOB) - 2022
  3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal
  4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal (CIF) - 2022

In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $8,412 per ton, remaining stable against the previous year. In general, the import price, however, saw a mild decrease. The most prominent rate of growth was recorded in 2021 an increase of 19%. Over the period under review, average import prices reached the maximum at $9,675 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($9,563 per ton), while the price for India stood at $8,310 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.8%).

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal (FOB) - 2022

The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $14,677 per ton in 2022, falling by -22.2% against the previous year. Overall, the export price, however, saw a mild expansion. The pace of growth was the most pronounced in 2017 an increase of 80%. As a result, the export price reached the peak level of $30,543 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($18,348 per ton), while the average price for exports to Azerbaijan ($1,000 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 India (-1.7%).

Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal

In 2022, approx. 284 tons of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s were imported into Nepal; with a decrease of -21.6% against the previous year. Overall, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 103%. As a result, imports reached the peak of 363 tons, and then reduced notably in the following year.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s reduced remarkably to $2.4M in 2022. In general, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 141% against the previous year. As a result, imports attained the peak of $3M, and then reduced markedly in the following year.

Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.51.22.92.315.3%
China0.1N/A0.10.10.0%
Others0.1N/AN/AN/A0%
Total1.61.23.02.414.5%

Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Nepal in 2022:

  1. India (276.5 tons)
  2. China (6.7 tons)

Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal

In 2022, shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -27.9% to 31 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 231% against the previous year. As a result, the exports reached the peak of 43 kg, and then contracted significantly in the following year.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s shrank rapidly to $455 in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 475%. As a result, the exports attained the peak of $811, and then fell notably in the following year.

Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A4220%
United Arab EmiratesN/AN/AN/A17.00%
India66.082.062211.0-45.0%
PhilippinesN/AN/AN/A2.00%
Czech Republic12.023.01261.0-56.3%
El SalvadorN/AN/AN/A1.00%
AzerbaijanN/AN/AN/A1.00%
ChinaN/A24.063.0N/A162.5%
Others4.012.0N/AN/A200.0%
Total82.014181145577.0%

Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Nepal in 2022:

  1. Canada (23.0 kg)
  2. United Arab Emirates (3.0 kg)
  3. Czech Republic (1.0 kg)
  4. El Salvador (1.0 kg)
  5. Philippines (1.0 kg)
  6. India (1.0 kg)
  7. Azerbaijan (1.0 kg)

Source: IndexBox Market Intelligence Platform

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