Sulphates; of Copper Price in Nepal - 2021

Contents:

  1. Sulphates; of Copper Price in Nepal (CIF) - 2022
  2. Sulphates; of Copper Imports in Nepal

Sulphates; of Copper Price in Nepal (CIF) - 2022

In 2022, the average sulphates; of copper import price amounted to $2,474 per ton, with an increase of 31% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of copper import price increased by +70.1% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 54% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,764 per ton), while the price for India ($2,225 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphates; of Copper Imports in Nepal

In 2022, approx. 34 tons of sulphates; of coppers were imported into Nepal; waning by -2.8% compared with the previous year. Overall, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 0.2%.

In value terms, sulphates; of copper imports skyrocketed to $84K in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.5% 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 +65.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Sulphates; of Copper in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India61.542.855.469.54.2%
China0.81.23.311.5143.1%
SingaporeN/AN/AN/A2.90%
United States4.54.65.3N/A8.5%
Others4.82.12.0N/A-35.5%
Total71.650.665.983.95.4%

Top Suppliers of Sulphates; of Copper to Nepal in 2022:

  1. India (31.2 tons)
  2. China (2.0 tons)
  3. Singapore (0.7 tons)

Source: IndexBox Market Intelligence Platform

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