Price for Iron Ore and Concentrate, Non-Agglomerated in Nepal - 2022
Contents:
- Price for Iron Ore and Concentrate, Non-Agglomerated in Nepal (CIF) - 2022
- Imports of Iron Ore and Concentrate, Non-Agglomerated in Nepal
Price for Iron Ore and Concentrate, Non-Agglomerated in Nepal (CIF) - 2022
In 2022, the average import price for iron ores and concentrates, non-agglomerated amounted to $36 per ton, with a decrease of -2.9% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth was the most pronounced in 2015 an increase of 15% against the previous year. The import price peaked at $77 per ton in 2012; however, from 2013 to 2022, 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 -7.3% per year.
Imports of Iron Ore and Concentrate, Non-Agglomerated in Nepal
After three years of growth, purchases abroad of iron ores and concentrates, non-agglomerated decreased by -17.4% to 192K tons in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 115%. As a result, imports reached the peak of 233K tons, and then shrank sharply in the following year.
In value terms, iron ore and concentrate, non-agglomerated imports plummeted to $7M in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 137%. As a result, imports attained the peak of $8.7M, and then dropped dramatically in the following year.
| Import of Iron Ore and Concentrate, Non-Agglomerated in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.3 | 3.7 | 8.7 | 7.0 | 28.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.3 | 3.7 | 8.7 | 7.0 | 28.5% |
Top Suppliers of Iron Ore and Concentrate, Non-Agglomerated to Nepal in 2022:
- India (192.0K tons)
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