Price for Vanadium Oxides and Hydroxides in Nepal - 2022
Contents:
- Price for Vanadium Oxides and Hydroxides in Nepal (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in Nepal
Price for Vanadium Oxides and Hydroxides in Nepal (CIF) - 2022
The average vanadium oxides and hydroxides import price stood at $39,400 per ton in 2022, jumping by 65% against the previous year. Over the period under review, the import price showed pronounced growth. The growth pace was the most rapid in 2020 when the average import price increased by 97%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
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 +4.8% per year.
Imports of Vanadium Oxides and Hydroxides in Nepal
Vanadium oxides and hydroxides imports into Nepal declined rapidly to 10 kg in 2022, reducing by -67.7% against 2021. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 1,450% against the previous year. As a result, imports reached the peak of 31 kg, and then plummeted in the following year.
In value terms, vanadium oxides and hydroxides imports declined markedly to $394 in 2022. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 1,378%. As a result, imports attained the peak of $739, and then reduced rapidly in the following year.
| Import of Vanadium Oxides and Hydroxides in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 38.0 | 26.0 | 739 | 394 | 118.1% |
| United Kingdom | N/A | 24.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 38.0 | 50.0 | 739 | 394 | 118.1% |
Top Suppliers of Vanadium Oxides and Hydroxides to Nepal in 2022:
- India (10.0 kg)
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