Price for Copper; Refined, Unwrought, Billets in Nepal - 2022

Contents:

1. Price for Copper; Refined, Unwrought, Billets in Nepal (CIF) - 2022
2. Imports of Copper; Refined, Unwrought, Billets in Nepal

Price for Copper; Refined, Unwrought, Billets in Nepal (CIF) - 2022

The average copper; refined, unwrought, billets import price stood at $3,363 per ton in 2022, waning by -13.1% against the previous year. In general, the import price, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 70%. Over the period under review, average import prices reached the peak figure at $3,870 per ton in 2021, and then contracted in the following year.

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 +21.5% per year.

Imports of Copper; Refined, Unwrought, Billets in Nepal

In 2022, overseas purchases of copper; refined, unwrought, billetses were finally on the rise to reach 11 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a dramatic shrinkage.

In value terms, copper; refined, unwrought, billets imports reduced to $37K in 2022. Over the period under review, imports, however, saw a deep downturn. The smallest decline of -9.3% was in 2021.

Top Suppliers of Copper; Refined, Unwrought, Billets to Nepal in 2022:

1. India (10.9 tons)

Source: IndexBox Market Intelligence Platform