Price for Nickel; Wire, of Nickel Alloys in Nepal - 2022
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Nepal (CIF) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Nepal
Price for Nickel; Wire, of Nickel Alloys in Nepal (CIF) - 2022
The average import price for nickel; wire, of nickel alloyses stood at $18,503 per ton in 2022, surging by 15% against the previous year. In general, the import price recorded resilient growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 98% against the previous year. The import price peaked at $27,954 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($25,833 per ton), while the price for India totaled $18,276 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.2%).
Imports of Nickel; Wire, of Nickel Alloys in Nepal
In 2022, nickel; wire, of nickel alloys imports into Nepal dropped remarkably to 400 kg, which is down by -18.2% on 2021. Over the period under review, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 103%. As a result, imports attained the peak of 489 kg, and then declined remarkably in the following year.
In value terms, nickel; wire, of nickel alloys imports fell to $7.4K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.8% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 46% against the previous year.
| Import of Nickel; Wire, of Nickel Alloys in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.6 | 6.7 | 7.8 | 7.1 | 15.6% |
| China | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.6 | 6.7 | 7.8 | 7.4 | 17.2% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Nepal in 2022:
- India (388.0 kg)
- China (12.0 kg)
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