Price for Metals; Silver, Unwrought, (But Not Powder) in Nepal - 2022

Contents:

  1. Price for Metals; Silver, Unwrought, (But Not Powder) in Nepal (CIF) - 2022
  2. Imports of Metals; Silver, Unwrought, (But Not Powder) in Nepal

Price for Metals; Silver, Unwrought, (But Not Powder) in Nepal (CIF) - 2022

In 2022, the average import price for metals; silver, unwrought, (but not powder) amounted to $693,505 per ton, which is down by -17.5% against the previous year. Over the period under review, the import price recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 32% against the previous year. Over the period under review, average import prices hit record highs at $978,202 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($1,097,605 per ton), while the price for the United Arab Emirates ($666,802 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.1%), while the prices for the other major suppliers experienced a decline.

Imports of Metals; Silver, Unwrought, (But Not Powder) in Nepal

In 2022, imports of metals; silver, unwrought, (but not powder) into Nepal fell rapidly to 5.8 tons, which is down by -80.5% on 2021 figures. Over the period under review, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year.

In value terms, imports of metals; silver, unwrought, (but not powder) shrank sharply to $4M in 2022. Overall, imports faced a precipitous setback. The pace of growth appeared the most rapid in 2021 when imports increased by 84%.

Import of Metals; Silver, Unwrought, (But Not Powder) in Nepal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates19.610.918.13.6-43.2%
Turkey0.90.61.20.2-39.4%
Hong Kong SAR7.61.43.80.2-70.3%
South Korea1.4N/AN/AN/A0%
Switzerland0.50.31.0N/A41.4%
Others0.70.30.9N/A13.4%
Total30.613.625.04.0-49.2%

Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Nepal in 2022:

  1. United Arab Emirates (5.3 tons)
  2. Turkey (0.2 tons)
  3. Hong Kong SAR (0.2 tons)

Source: IndexBox Market Intelligence Platform

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