Price for Tube or Pipe Flanges of Stainless Steel in Nepal - 2022
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Nepal (CIF) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Nepal
Price for Tube or Pipe Flanges of Stainless Steel in Nepal (CIF) - 2022
In 2022, the average import price for tube or pipe flanges of stainless steels amounted to $2,676 per ton, shrinking by -1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2017 an increase of 64% against the previous year. The import price peaked at $2,976 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,455 per ton), while the price for China amounted to $2,080 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.0%).
Imports of Tube or Pipe Flanges of Stainless Steel in Nepal
In 2022, the amount of tube or pipe flanges of stainless steels imported into Nepal skyrocketed to 117 tons, with an increase of 104% compared with the previous year. Overall, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe flanges of stainless steels soared to $314K in 2022. Over the period under review, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Flanges of Stainless Steel in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 233 | 132 | 131 | 266 | 4.5% |
| China | 12.3 | 1.2 | 20.3 | 10.8 | -4.2% |
| Others | 4.3 | 6.9 | 4.9 | 37.2 | 105.3% |
| Total | 250 | 141 | 156 | 314 | 7.9% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Nepal in 2022:
- India (108.1 tons)
- China (5.2 tons)
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