Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Nepal - 2022

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Nepal (CIF) - 2022
  2. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Nepal

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Nepal (CIF) - 2022

The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $23,536 per ton in 2022, with a decrease of -61% against the previous year. In general, the import price showed a perceptible reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 56% against the previous year. Over the period under review, average import prices reached the peak figure at $60,390 per ton in 2021, and then contracted significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($27,614 per ton), while the price for China amounted to $16,385 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+304.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Nepal

In 2022, approx. 179 kg of nickel; bars, rods and profiles, of nickel alloyses were imported into Nepal; dropping by -12.7% compared with 2021 figures. In general, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 2,463%.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses dropped sharply to $4.2K in 2022. Overall, imports faced a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 3,698%. As a result, imports attained the peak of $12K, and then shrank dramatically in the following year.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5.40.12.13.1-16.9%
ChinaN/AN/AN/A1.10%
Switzerland5.60.26.8N/A10.2%
Germany1.1N/A3.5N/A78.4%
OthersN/AN/AN/AN/A0%
Total12.10.312.44.2-29.7%

Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Nepal in 2022:

  1. India (114.0 kg)
  2. China (65.0 kg)

Source: IndexBox Market Intelligence Platform

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