Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal - 2022
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal (CIF) - 2022
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal (CIF) - 2022
In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $2,110 per ton, with an increase of 39% against the previous year. In general, the import price saw a notable increase. The growth pace was the most rapid in 2018 an increase of 105% against the previous year. The import price peaked at $4,220 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 +3.8% per year.
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal
In 2022, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses into Nepal dropped sharply to 2.5 tons, shrinking by -35.9% on 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 255% against the previous year. As a result, imports reached the peak of 3.9 tons, and then plummeted in the following year.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses declined to $5.2K in 2022. Overall, imports recorded a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.4 | 4.6 | 5.7 | 5.2 | -14.8% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 8.4 | 4.6 | 5.9 | 5.2 | -14.8% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Nepal in 2022:
- India (2.5 tons)
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