Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal - 2022

Contents:

  1. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal (CIF) - 2022
  2. Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal

Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal (CIF) - 2022

The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $10,589 per ton in 2022, rising by 46% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s increased by +69.6% against 2020 indices. 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 the United Arab Emirates ($168,500 per ton), while the price for India stood at $10,050 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2,126.2%).

Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal

In 2022, approx. 1.2 tons of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s were imported into Nepal; with a decrease of -32.7% on the previous year's figure. Over the period under review, imports faced a precipitous contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 6.7% against the previous year.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s reduced modestly to $12K in 2022. In general, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 24%.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India22.410.22.311.8-19.2%
United Arab EmiratesN/AN/A10.30.7-93.2%
OthersN/AN/AN/AN/A0%
Total22.410.212.712.5-17.7%

Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Nepal in 2022:

  1. India (1172.0 kg)
  2. United Arab Emirates (4.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves) - Nepal