Price for Tungsten Ores and Concentrates in Nepal - 2022

Price for Tungsten Ores and Concentrates in Nepal (CIF) - 2022

In 2022, the average tungsten ores and concentrates import price amounted to $8,646 per ton, picking up by 3.3% against the previous year. Over the period under review, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 59% against the previous year. The import price peaked at $22,084 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 -9.0% per year.

Imports of Tungsten Ores and Concentrates in Nepal

After three years of growth, supplies from abroad of tungsten ores and concentrateses decreased by -5% to 96 kg in 2022. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 12% against the previous year.

In value terms, tungsten ores and concentrates imports fell modestly to $830 in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 3.8% against the previous year.