Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Nepal - 2022
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Nepal (CIF) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Nepal
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Nepal (CIF) - 2022
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $6,607 per ton in 2022, surging by 15% against the previous year. In general, the import price recorded a buoyant expansion. The growth pace was the most rapid in 2016 an increase of 150%. The import price peaked at $13,785 per ton in 2017; however, from 2018 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 the United States ($13,819 per ton), while the price for India ($1,298 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Nepal
In 2022, the amount of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia imported into Nepal reduced sharply to 7.7 tons, with a decrease of -28.9% compared with the previous year's figure. In general, imports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 18,317% against the previous year. As a result, imports attained the peak of 11 tons, and then shrank significantly in the following year.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia reduced sharply to $51K in 2022. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 13,480% against the previous year. As a result, imports attained the peak of $63K, and then contracted markedly in the following year.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 58.8 | 0.2 | 60.7 | 33.1 | -17.4% |
| United States | 0.1 | 0.2 | 1.3 | 3.7 | 233.2% |
| India | 1.3 | 0.1 | 0.4 | 0.9 | -11.5% |
| Others | 1.4 | N/A | 0.2 | 13.4 | 112.3% |
| Total | 61.5 | 0.5 | 62.6 | 51.1 | -6.0% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Nepal in 2022:
- China (6.8 tons)
- India (0.7 tons)
- United States (0.3 tons)
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