Price for Nickel; Bars, Rods, Profiles and Wire in Nepal - 2022

Contents:

  1. Price for Nickel; Bars, Rods, Profiles and Wire in Nepal (CIF) - 2022
  2. Imports of Nickel; Bars, Rods, Profiles and Wire in Nepal

Price for Nickel; Bars, Rods, Profiles and Wire in Nepal (CIF) - 2022

The average import price for nickel; bars, rods, profiles and wires stood at $19,902 per ton in 2022, growing by 19% against the previous year. Over the period under review, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 173%. The import price peaked at $35,764 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($41,979 per ton), while the price for China ($6,130 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Nickel; Bars, Rods, Profiles and Wire in Nepal

Imports of nickel; bars, rods, profiles and wires into Nepal declined slightly to 603 kg in 2022, with a decrease of -2.4% against the year before. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 121% against the previous year. As a result, imports attained the peak of 618 kg, and then dropped modestly in the following year.

In value terms, imports of nickel; bars, rods, profiles and wires surged to $12K in 2022. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 44%.

Import of Nickel; Bars, Rods, Profiles and Wire in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India14.23.15.04.8-30.3%
Germany1.30.91.84.045.4%
Switzerland6.43.23.53.1-21.5%
ChinaN/AN/AN/A0.10%
OthersN/AN/AN/AN/A0%
Total21.97.210.312.0-18.2%

Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Nepal in 2022:

  1. India (403.0 kg)
  2. Germany (95.0 kg)
  3. Switzerland (82.0 kg)
  4. China (23.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Nickel; bars, rods, profiles and wire - Nepal