Gold Compounds Price in Nepal - 2021

Gold Compounds Price in Nepal (CIF) - 2022

The average gold compounds import price stood at $1,174,000 per ton in 2022, growing by 14% against the previous year. In general, the import price recorded a resilient expansion. The growth pace was the most rapid in 2014 when the average import price increased by 256% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($797,500 per ton), while the price for India stood at $63,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.6%).

Gold Compounds Price in Nepal (FOB) - 2022

In 2022, the average gold compounds export price amounted to $15,068,917 per ton, increasing by 7.8% against the previous year. Over the period under review, the export price, however, recorded a deep slump. The export price peaked at $34,342,800 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($18,568,250 per ton), while the average price for exports to Australia stood at $14,369,050 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-7.2%), while the prices for the other major destinations experienced a decline.

Gold Compounds Imports in Nepal

In 2022, approx. 4 kg of gold compoundses were imported into Nepal; shrinking by -33.3% compared with 2021. Over the period under review, imports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year.

In value terms, gold compounds imports dropped remarkably to $4.7K in 2022. Overall, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 92% against the previous year.

Import of Gold Compounds in Nepal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	4.0	0.9	2.1	1.6	-26.3%
India	N/A	0.1	0.1	0.1	0.0%
United Kingdom	N/A	1.3	N/A	N/A	0%
United States	N/A	N/A	0.1	N/A	0%
Others	2.9	0.9	4.0	3.0	1.1%
Total	7.0	3.2	6.2	4.7	-12.4%

Top Suppliers of Gold Compounds to Nepal in 2022:

Germany (2.0 kg)
India (1.0 kg)

Gold Compounds Exports in Nepal

In 2022, after three years of growth, there was significant decline in shipments abroad of gold compoundses, when their volume decreased by -11.1% to 24 kg. The total export volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. As a result, the exports attained the peak of 27 kg, and then dropped in the following year.

In value terms, gold compounds exports contracted to $362K in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 9.1% against the previous year. As a result, the exports reached the peak of $377K, and then shrank in the following year.