Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Nepal - 2022

Contents:

  1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Nepal (CIF) - 2022
  2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Nepal (FOB) - 2022
  3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Nepal
  4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Nepal

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Nepal (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $3,185 per ton in 2022, approximately equating the previous year. In general, the import price recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 15% against the previous year. The import price peaked at $4,737 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($3,027 per ton), while the price for China totaled $2,651 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.7%).

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Nepal (FOB) - 2022

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $19,187 per ton, almost unchanged from the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 104%. The export price peaked at $29,841 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($50,000 per ton), while the average price for exports to Taiwan (Chinese) ($6,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+42.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Nepal

In 2022, the amount of tubing; flexible, with or without fittings, of base metals imported into Nepal amounted to 135 tons, surging by 2.6% against 2021 figures. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 65% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of tubing; flexible, with or without fittings, of base metals rose to $429K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Tubing; Flexible, with or Without Fittings, of Base Metal in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India24327237538216.3%
China28.430.027.219.1-12.4%
Others5.520.317.627.971.8%
Total27732242042915.7%

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Nepal in 2022:

  1. India (126.1 tons)
  2. China (7.2 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Nepal

For the third year in a row, Nepal recorded decline in shipments abroad of tubing; flexible, with or without fittings, of base metals, which decreased by -76.4% to 75 kg in 2022. Overall, exports continue to indicate a precipitous decline. The smallest decline of -12.7% was in 2020.

In value terms, exports of tubing; flexible, with or without fittings, of base metals contracted sharply to $1.4K in 2022. Over the period under review, exports showed a significant curtailment. The smallest decline of -19.3% was in 2020.

Export of Tubing; Flexible, with or Without Fittings, of Base Metal in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.73.12.60.5-43.0%
Italy1.62.01.80.3-42.8%
United States3.72.10.50.3-56.7%
FinlandN/AN/A0.30.1-66.7%
Thailand0.7N/AN/AN/A0%
Germany0.10.20.1N/A0.0%
Taiwan (Chinese)0.10.1N/AN/A0.0%
Others1.20.70.70.1-56.3%
Total10.18.16.21.4-48.2%

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Nepal in 2022:

  1. Italy (34.0 kg)
  2. France (25.0 kg)
  3. United States (7.0 kg)
  4. Finland (3.0 kg)
  5. Taiwan (Chinese) (1.0 kg)
  6. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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