Chlorides; of Nickel Price in Nepal - 2022
Contents:
Chlorides; of Nickel Price in Nepal (CIF) - 2022
In 2022, the average chlorides; of nickel import price amounted to $4,993 per ton, declining by -3.9% against the previous year. Over the period under review, the import price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 100% against the previous year. The import price peaked at $10,120 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 +6.5% per year.
Chlorides; of Nickel Imports in Nepal
In 2022, approx. 1.5 tons of chlorides; of nickels were imported into Nepal; jumping by 96% against 2021 figures. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 366% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, chlorides; of nickel imports soared to $7.6K in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 139%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Chlorides; of Nickel in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.8 | 1.7 | 4.0 | 7.6 | 39.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.8 | 1.7 | 4.0 | 7.6 | 39.5% |
Top Suppliers of Chlorides; of Nickel to Nepal in 2022:
- India (1.5 tons)
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