Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Nepal - 2022
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Nepal (CIF) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Nepal
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Nepal (CIF) - 2022
The average import price for steel alloy wire of materials other than silico-manganese steels stood at $1,198 per ton in 2022, flattening at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 37% against the previous year. Over the period under review, average import prices attained the maximum at $1,364 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,385 per ton), while the price for China amounted to $647 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.8%).
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Nepal
In 2022, overseas purchases of steel alloy wire of materials other than silico-manganese steels decreased by 0% to 375 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a strong increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels amounted to $449K in 2022. Overall, imports recorded buoyant growth. The smallest decline of 99.9% was in 2020. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 379 | N/A | N/A | 383 | 0.4% |
| China | 7.6 | N/A | N/A | 63.4 | 102.8% |
| Others | N/A | N/A | N/A | 2.4 | 0% |
| Total | 386 | N/A | N/A | 449 | 5.2% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Nepal in 2022:
- India (276.7 tons)
- China (98.0 tons)
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