Price for Ferrous Waste and Scrap; of Cast Iron in Nepal - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Cast Iron in Nepal (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Cast Iron in Nepal (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Cast Iron in Nepal
- Imports of Ferrous Waste and Scrap; of Cast Iron in Nepal
Price for Ferrous Waste and Scrap; of Cast Iron in Nepal (FOB) - 2022
The average export price for ferrous waste and scrap; of cast ira stood at $564 per ton in 2022, increasing by 11% against the previous year. In general, the export price saw a noticeable expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 40%. The export price peaked in 2022 and is likely to see steady growth in the near future.
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 +4.3% per year.
Price for Ferrous Waste and Scrap; of Cast Iron in Nepal (CIF) - 2022
The average import price for ferrous waste and scrap; of cast ira stood at $600 per ton in 2022, waning by -29.5% against the previous year. Over the period under review, the import price, however, posted a temperate increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49% against the previous year. The import price peaked at $975 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +11.6% per year.
Exports of Ferrous Waste and Scrap; of Cast Iron in Nepal
In 2022, shipments abroad of ferrous waste and scrap; of cast ira decreased by -68.7% to 148 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 107% against the previous year.
In value terms, exports of ferrous waste and scrap; of cast ira fell remarkably to $84K in 2022. Over the period under review, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 191% against the previous year.
| Export of Ferrous Waste and Scrap; of Cast Iron in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 71.7 | 208 | 240 | 83.7 | 5.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 71.7 | 208 | 240 | 83.7 | 5.3% |
Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Nepal in 2022:
- India (148.3 tons)
Imports of Ferrous Waste and Scrap; of Cast Iron in Nepal
Imports of ferrous waste and scrap; of cast ira into Nepal dropped dramatically to 9.6 tons in 2022, with a decrease of -35.4% compared with 2021 figures. Over the period under review, imports faced a dramatic decline. The smallest decline of -13% was in 2021.
In value terms, imports of ferrous waste and scrap; of cast ira shrank dramatically to $5.7K in 2022. Overall, imports faced a significant decline. The smallest decline of -0.9% was in 2020.
| Import of Ferrous Waste and Scrap; of Cast Iron in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.7 | 1.7 | 0.9 | 5.7 | 49.7% |
| Australia | 14.9 | 14.9 | 11.6 | N/A | -11.8% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 16.8 | 16.6 | 12.6 | 5.7 | -30.3% |
Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Nepal in 2022:
- India (9.6 tons)
99
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Nepal.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
99
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Nepal.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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