Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Nepal - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Nepal (CIF) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Nepal
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Nepal (CIF) - 2022
The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $1,378 per ton in 2022, with an increase of 4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2014 an increase of 42%. Over the period under review, average import prices hit record highs at $1,632 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,378 per ton), while the price for India totaled $1,369 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.1%).
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Nepal
In 2022, approx. 1.2K tons of steel, stainless; semi-finished products, other than of rectangular cross-sectia were imported into Nepal; reducing by -23.4% compared with the previous year. Overall, imports saw a deep slump. The smallest decline of -12.2% was in 2021.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia contracted rapidly to $1.7M in 2022. Over the period under review, imports continue to indicate a abrupt slump. The smallest decline of -4.3% was in 2021.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 2.1 | 2.0 | 1.5 | -17.8% |
| India | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.7 | 2.2 | 2.1 | 1.7 | -14.3% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Nepal in 2022:
- China (1117.2 tons)
- India (93.4 tons)
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