Sulphates; of Copper Price in Nepal - 2021
Contents:
Sulphates; of Copper Price in Nepal (CIF) - 2022
In 2022, the average sulphates; of copper import price amounted to $2,474 per ton, with an increase of 31% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of copper import price increased by +70.1% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 54% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,764 per ton), while the price for India ($2,225 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Copper Imports in Nepal
In 2022, approx. 34 tons of sulphates; of coppers were imported into Nepal; waning by -2.8% compared with the previous year. Overall, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 0.2%.
In value terms, sulphates; of copper imports skyrocketed to $84K in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Sulphates; of Copper in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 61.5 | 42.8 | 55.4 | 69.5 | 4.2% |
| China | 0.8 | 1.2 | 3.3 | 11.5 | 143.1% |
| Singapore | N/A | N/A | N/A | 2.9 | 0% |
| United States | 4.5 | 4.6 | 5.3 | N/A | 8.5% |
| Others | 4.8 | 2.1 | 2.0 | N/A | -35.5% |
| Total | 71.6 | 50.6 | 65.9 | 83.9 | 5.4% |
Top Suppliers of Sulphates; of Copper to Nepal in 2022:
- India (31.2 tons)
- China (2.0 tons)
- Singapore (0.7 tons)
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