Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Nepal - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Nepal (CIF) - 2022
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Nepal (FOB) - 2022
- Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Nepal
- Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Nepal
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Nepal (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of tinned iron or steels amounted to $659 per ton, increasing by 23% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 54%. As a result, import price attained the peak level of $1,116 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
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 -0.2% per year.
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Nepal (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of tinned iron or steels amounted to $321 per ton, growing by 10% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ferrous waste and scrap; of tinned iron or steels increased by +138.9% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 57% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
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 +5.0% per year.
Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Nepal
In 2022, purchases abroad of ferrous waste and scrap; of tinned iron or steels decreased by -96.6% to 290 kg, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2020 with an increase of 8.9% against the previous year. As a result, imports attained the peak of 17 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of ferrous waste and scrap; of tinned iron or steels plummeted to $191 in 2022. In general, imports recorded a significant curtailment. The growth pace was the most rapid in 2020 when imports increased by 25%. As a result, imports attained the peak of $9K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.9 | 9.0 | 4.6 | 0.2 | -69.3% |
| China | 0.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.2 | 9.0 | 4.6 | 0.2 | -69.7% |
Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Nepal in 2022:
- India (290.0 kg)
Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Nepal
After two years of decline, overseas shipments of ferrous waste and scrap; of tinned iron or steels increased by 30% to 222 tons in 2022. In general, exports, however, recorded a dramatic contraction.
In value terms, exports of ferrous waste and scrap; of tinned iron or steels soared to $71K in 2022. Over the period under review, exports, however, recorded a deep contraction.
| Export of Ferrous Waste and Scrap; of Tinned Iron or Steel in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 136 | 92.9 | 49.4 | 71.1 | -19.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 136 | 92.9 | 49.4 | 71.1 | -19.4% |
Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from Nepal in 2022:
- India (221.5 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Nepal.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Nepal.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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