Price for Zinc; Bars, Rods, Profiles and Wire in Nepal - 2022

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Nepal (CIF) - 2022
  2. Imports of Zinc; Bars, Rods, Profiles and Wire in Nepal

Price for Zinc; Bars, Rods, Profiles and Wire in Nepal (CIF) - 2022

The average import price for zinc; bars, rods, profiles and wires stood at $4,210 per ton in 2022, increasing by 12% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for zinc; bars, rods, profiles and wires increased by +37.6% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 34% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

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 +7.4% per year.

Imports of Zinc; Bars, Rods, Profiles and Wire in Nepal

For the third consecutive year, Nepal recorded decline in supplies from abroad of zinc; bars, rods, profiles and wires, which decreased by -55.8% to 15 tons in 2022. In general, imports faced a dramatic setback. The smallest decline of -14.1% was in 2020.

In value terms, imports of zinc; bars, rods, profiles and wires contracted markedly to $63K in 2022. Overall, imports recorded a dramatic decrease. The smallest decline of -7.1% was in 2021.

Import of Zinc; Bars, Rods, Profiles and Wire in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India16913712862.9-28.1%
Others2.40.40.10.1-65.3%
Total17213812863.1-28.4%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Nepal in 2022:

  1. India (14.9 tons)

Source: IndexBox Market Intelligence Platform

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