Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Nepal - 2022

Contents:

  1. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Nepal (CIF) - 2022
  2. Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Nepal

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Nepal (CIF) - 2022

In 2022, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $5,271 per ton, surging by 2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2016 an increase of 19% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($5,740 per ton), while the price for China stood at $3,922 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.1%).

Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Nepal

For the fourth consecutive year, Nepal recorded growth in purchases abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds, which increased by 27% to 1.2K tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.6% 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 +79.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds surged to $6.1M in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 56%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Nepal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.22.74.44.930.6%
China0.30.30.31.154.2%
OthersN/A0.1N/AN/A0%
Total2.63.04.76.132.9%

Top Suppliers of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled to Nepal in 2022:

  1. India (858.8 tons)
  2. China (291.8 tons)

Source: IndexBox Market Intelligence Platform

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