Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Nepal - 2022
Contents:
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Nepal (CIF) - 2022
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Nepal (FOB) - 2022
- Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Nepal
- Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Nepal
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Nepal (CIF) - 2022
The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $2,567 per ton in 2022, with an increase of 4.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 9.4%. Over the period under review, average import prices attained the peak figure at $2,971 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,605 per ton), while the price for China stood at $2,330 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.2%).
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Nepal (FOB) - 2022
The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $4,181 per ton in 2022, dropping by -8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2013 an increase of 35% against the previous year. The export price peaked at $4,561 per ton in 2021, and then dropped in the following year.
As there is only one major export destination, 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 +4.2% per year.
Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Nepal
In 2022, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Nepal soared to 3.8K tons, jumping by 25% on 2021 figures. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 +80.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms soared to $9.7M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 43%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.3 | 5.0 | 7.0 | 8.2 | 9.2% |
| China | 0.6 | 0.1 | 0.4 | 1.4 | 32.6% |
| Others | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Total | 7.1 | 5.3 | 7.5 | 9.7 | 11.0% |
Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Nepal in 2022:
- India (3.1K tons)
- China (0.6K tons)
Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Nepal
After two years of decline, shipments abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms increased by 65% to 403 kg in 2022. In general, exports, however, saw a sharp descent.
In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms surged to $1.7K in 2022. Overall, exports, however, saw a significant contraction.
| Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 28.2 | 5.6 | 1.1 | 1.7 | -60.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.3 | 5.6 | 1.1 | 1.7 | -60.8% |
Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Nepal in 2022:
- India (402.0 kg)
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This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Nepal.
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