Metals; Silver Powder Price in Nepal - 2022
Contents:
Metals; Silver Powder Price in Nepal (CIF) - 2022
In 2022, the average metals; silver powder import price amounted to $756,932 per ton, waning by -12.8% against the previous year. In general, the import price showed a mild slump. The growth pace was the most rapid in 2021 an increase of 29% against the previous year. As a result, import price reached the peak level of $867,660 per ton, and then dropped in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($882,203 per ton), while the price for Switzerland ($663,550 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Metals; Silver Powder Imports in Nepal
In 2022, supplies from abroad of metals; silver powder decreased by -42% to 5.8 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 52%.
In value terms, metals; silver powder imports shrank markedly to $4.4M in 2022. In general, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 73% against the previous year.
| Import of Metals; Silver Powder in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1.5 | 2.6 | 4.1 | 2.2 | 13.6% |
| United Arab Emirates | 0.4 | 0.3 | 3.7 | 2.0 | 71.0% |
| China | 0.7 | 2.1 | 0.8 | 0.2 | -34.1% |
| Bulgaria | 0.3 | 0.7 | N/A | N/A | 133.3% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 3.3 | 5.7 | 8.7 | 4.4 | 10.1% |
Top Suppliers of Metals; Silver Powder to Nepal in 2022:
- Switzerland (3.3 tons)
- United Arab Emirates (2.3 tons)
- China (0.2 tons)
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