Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Nepal - 2022

Contents:

  1. Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Nepal (CIF) - 2022
  2. Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Nepal

Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Nepal (CIF) - 2022

The average import price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $612 per ton in 2022, shrinking by -2.7% against the previous year. Over the period under review, the import price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 59%. As a result, import price attained the peak level of $758 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 India amounted to -1.3% per year.

Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Nepal

In 2022, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) into Nepal fell significantly to 279 tons, dropping by -80.2% on the year before. Overall, imports saw a dramatic shrinkage. The growth pace was the most rapid in 2021 when imports increased by 35% against the previous year.

In value terms, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) dropped significantly to $170K in 2022. Over the period under review, imports showed a dramatic slump. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year.

Import of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,060794886170-45.7%
OthersN/AN/AN/AN/A0%
Total1,060794886170-45.7%

Top Suppliers of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) to Nepal in 2022:

  1. India (278.6 tons)

Source: IndexBox Market Intelligence Platform

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