Price for Steel, Alloy; Semi-Finished Products in Nepal - 2022
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Nepal (CIF) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Nepal
Price for Steel, Alloy; Semi-Finished Products in Nepal (CIF) - 2022
In 2022, the average steel, alloy; semi-finished products import price amounted to $3,924 per ton, surging by 14% against the previous year. Over the period under review, the import price showed a noticeable expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 76% against the previous year. The import price peaked at $7,347 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, 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 +4.5% per year.
Imports of Steel, Alloy; Semi-Finished Products in Nepal
In 2022, the amount of steel, alloy; semi-finished productses imported into Nepal dropped markedly to 2.5 tons, waning by -59.2% compared with the year before. Overall, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 495% against the previous year. As a result, imports attained the peak of 6 tons, and then fell sharply in the following year.
In value terms, steel, alloy; semi-finished products imports dropped significantly to $9.7K in 2022. In general, imports recorded a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 379% against the previous year. As a result, imports reached the peak of $21K, and then declined notably in the following year.
| Import of Steel, Alloy; Semi-Finished Products in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.3 | 4.3 | 20.6 | 9.7 | 5.3% |
| China | 3.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 11.3 | 4.3 | 20.8 | 9.7 | -5.0% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Nepal in 2022:
- India (2.5 tons)
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