Price for Brass Tubes and Pipes in Nepal - 2022
Contents:
Price for Brass Tubes and Pipes in Nepal (CIF) - 2022
In 2022, the average brass tubes and pipes import price amounted to $9,797 per ton, growing by 2.6% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brass tubes and pipes import price decreased by -1.4% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 58%. Over the period under review, average import prices reached the peak figure at $9,938 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($12,500 per ton), while the price for India totaled $9,693 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.9%).
Imports of Brass Tubes and Pipes in Nepal
For the fourth consecutive year, Nepal recorded growth in purchases abroad of tubes and pipes of copper-zinc base alloys (brass), which increased by 302% to 6.6 tons in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, brass tubes and pipes imports surged to $65K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Brass Tubes and Pipes in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 11.6 | 13.2 | 14.7 | 64.2 | 76.9% |
| Others | 1.3 | 2.6 | 1.0 | 0.8 | -14.9% |
| Total | 12.9 | 15.8 | 15.8 | 65.0 | 71.4% |
Top Suppliers of Brass Tubes and Pipes to Nepal in 2022:
- India (6.6 tons)
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In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
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