Price for Refined Copper Tube and Pipe in Nepal - 2022
Contents:
- Price for Refined Copper Tube and Pipe in Nepal (CIF) - 2022
- Imports of Refined Copper Tube and Pipe in Nepal
Price for Refined Copper Tube and Pipe in Nepal (CIF) - 2022
In 2022, the average import price for tubes and pipes of refined copper amounted to $11,325 per ton, flattening at the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined copper tube and pipe import price increased by +35.0% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 60% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($11,350 per ton), while the price for China totaled $10,473 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.4%).
Imports of Refined Copper Tube and Pipe in Nepal
In 2022, refined copper tube and pipe imports into Nepal contracted to 119 tons, reducing by -14.9% compared with 2021. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 49%.
In value terms, refined copper tube and pipe imports shrank to $1.4M in 2022. In general, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 121% against the previous year. As a result, imports attained the peak of $1.6M, and then declined in the following year.
| Import of Refined Copper Tube and Pipe in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 989 | 667 | 1,535 | 1,314 | 9.9% |
| China | 56.4 | 45.0 | 39.4 | 35.9 | -14.0% |
| Others | 0.8 | 0.2 | N/A | 0.3 | -27.9% |
| Total | 1,046 | 713 | 1,574 | 1,350 | 8.9% |
Top Suppliers of Refined Copper Tube and Pipe to Nepal in 2022:
- India (115.8 tons)
- China (3.4 tons)
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