Price for Nickel; Plates, Sheets, Strip and Foil in Nepal - 2022
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil in Nepal (CIF) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil in Nepal
Price for Nickel; Plates, Sheets, Strip and Foil in Nepal (CIF) - 2022
In 2022, the average import price for nickel; plates, sheets, strip and foils amounted to $6,604 per ton, dropping by -4.7% against the previous year. In general, the import price, however, continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 94%. Over the period under review, average import prices hit record highs at $14,555 per ton in 2018; however, from 2019 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 the United Arab Emirates ($20,294 per ton), while the price for India totaled $6,281 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.9%).
Imports of Nickel; Plates, Sheets, Strip and Foil in Nepal
In 2022, the amount of nickel; plates, sheets, strip and foils imported into Nepal shrank notably to 4.5 tons, which is down by -34.7% compared with 2021. In general, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 201%. As a result, imports reached the peak of 6.8 tons, and then shrank markedly in the following year.
In value terms, imports of nickel; plates, sheets, strip and foils contracted rapidly to $29K in 2022. Over the period under review, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 117% against the previous year.
| Import of Nickel; Plates, Sheets, Strip and Foil in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 48.6 | 21.7 | 47.3 | 27.4 | -17.4% |
| United Arab Emirates | N/A | N/A | N/A | 2.1 | 0% |
| Others | 0.8 | 0.2 | N/A | N/A | -75.0% |
| Total | 49.5 | 21.9 | 47.4 | 29.5 | -15.8% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Nepal in 2022:
- India (4.4 tons)
- United Arab Emirates (0.1 tons)
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