Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Nepal - 2022
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Nepal (CIF) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Nepal
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Nepal (CIF) - 2022
The average import price for iron or steel; non-threaded cotters and cotter-pinses stood at $3,207 per ton in 2022, which is down by -32.3% against the previous year. Overall, the import price recorded a significant decrease. The pace of growth appeared the most rapid in 2016 when the average import price increased by 211%. The import price peaked at $54,656 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($9,481 per ton), while the price for China ($2,605 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+0.2%), while the prices for the other major suppliers experienced a decline.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Nepal
In 2022, approx. 27 tons of iron or steel; non-threaded cotters and cotter-pinses were imported into Nepal; with an increase of 75% on the year before. Over the period under review, imports, however, saw a perceptible slump. The pace of growth was the most pronounced in 2021 with an increase of 95%.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses surged to $86K in 2022. In general, imports, however, saw a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 76%.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 75.3 | 21.4 | 21.8 | 56.7 | -9.0% |
| China | 30.0 | 13.2 | 32.6 | 15.1 | -20.5% |
| Others | 11.2 | 6.9 | 18.6 | 14.6 | 9.2% |
| Total | 116 | 41.5 | 72.9 | 86.4 | -9.4% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Nepal in 2022:
- India (20.5 tons)
- China (5.8 tons)
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