Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Nepal - 2022

Contents:

  1. Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Nepal (CIF) - 2022
  2. Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Nepal

Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Nepal (CIF) - 2022

The average import price for tube or pipe butt welding fittings of stainless steels stood at $4,762 per ton in 2022, which is down by -32.5% against the previous year. In general, the import price, however, saw a noticeable expansion. The pace of growth appeared the most rapid in 2018 an increase of 36% against the previous year. The import price peaked at $13,749 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 China ($7,439 per ton), while the price for India amounted to $4,416 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1,133.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Nepal

In 2022, overseas purchases of tube or pipe butt welding fittings of stainless steels decreased by -9% to 11 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 226%.

In value terms, imports of tube or pipe butt welding fittings of stainless steels reduced remarkably to $52K in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 257%.

Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India6.842.979.544.286.6%
China3.45.71.55.819.5%
Others4.53.83.11.6-29.2%
Total14.752.484.151.652.0%

Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Nepal in 2022:

  1. India (10.0 tons)
  2. China (0.8 tons)

Source: IndexBox Market Intelligence Platform

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