Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Nepal - 2022

Contents:

  1. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Nepal (CIF) - 2022
  2. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Nepal (FOB) - 2022
  3. Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Nepal
  4. Exports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Nepal

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Nepal (CIF) - 2022

The average import price for metal-rolling mills; hot or combination hot and cold rolling millses stood at $4,695 per unit in 2022, jumping by 120% against the previous year. In general, the import price showed a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 China ($28,893 per unit), while the price for India totaled $4,156 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.5%).

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Nepal (FOB) - 2022

The average export price for metal-rolling mills; hot or combination hot and cold rolling millses stood at $26,242 per unit in 2022, increasing by 10% against the previous year. Over the period under review, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of 52%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue 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 +10.3% per year.

Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Nepal

In 2022, supplies from abroad of metal-rolling mills; hot or combination hot and cold rolling millses decreased by -35.2% to 1.7K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 85% against the previous year. As a result, imports attained the peak of 2.7K units, and then shrank rapidly in the following year.

In value terms, imports of metal-rolling mills; hot or combination hot and cold rolling millses skyrocketed to $8.2M in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 110% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Nepal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.22.75.77.147.8%
ChinaN/AN/AN/A1.10%
OthersN/AN/AN/AN/A0%
Total2.32.75.78.252.8%

Top Suppliers of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills to Nepal in 2022:

  1. India (1707.0 units)
  2. China (38.0 units)

Exports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Nepal

In 2022, shipments abroad of metal-rolling mills; hot or combination hot and cold rolling millses decreased by 0% to 1 units for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a dramatic downturn. The smallest decline of -50% was in 2020. Over the period under review, the exports of reached the peak figure at 2 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of metal-rolling mills; hot or combination hot and cold rolling millses rose markedly to $26K in 2022. Overall, exports recorded a deep downturn. Over the period under review, the exports of hit record highs at $40K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India40.121.623.826.2-13.2%
OthersN/AN/AN/AN/A0%
Total40.121.623.826.2-13.2%

Top Export Markets for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills from Nepal in 2022:

  1. India (1.0 units)

Source: IndexBox Market Intelligence Platform

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