Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Nepal - 2022
Contents:
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Nepal (CIF) - 2022
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Nepal (FOB) - 2022
- Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Nepal
- Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Nepal
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Nepal (CIF) - 2022
The average import price for tubes, pipes and hollow profiles, of cast iron stood at $1,027 per ton in 2022, reducing by -14.2% against the previous year. In general, the import price recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2017 an increase of 87%. The import price peaked at $1,268 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,401 per ton), while the price for China ($1,174 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.3%).
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Nepal (FOB) - 2022
In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $3,145 per ton, with an increase of 40% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by 72% against the previous year. As a result, the export price reached the peak level of $9,550 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, 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 -5.5% per year.
Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Nepal
In 2022, purchases abroad of tubes, pipes and hollow profiles, of cast iron increased by 83% to 406 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tubes, pipes and hollow profiles, of cast iron surged to $540K in 2022. Overall, imports recorded strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 276 | 172 | 239 | 242 | -4.3% |
| China | 96.1 | 42.3 | 11.1 | 196 | 26.8% |
| France | N/A | N/A | N/A | 88.8 | 0% |
| Others | 12.9 | 10.3 | 14.9 | 13.1 | 0.5% |
| Total | 385 | 224 | 265 | 540 | 11.9% |
Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Nepal in 2022:
- India (172.4 tons)
- China (167.1 tons)
- France (64.8 tons)
Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Nepal
In 2022, approx. 723 kg of tubes, pipes and hollow profiles, of cast iron were exported from Nepal; shrinking by -70.7% on the previous year's figure. Over the period under review, exports continue to indicate a sharp curtailment. The smallest decline of -70.7% was in 2021.
In value terms, exports of tubes, pipes and hollow profiles, of cast iron shrank rapidly to $2.3K in 2022. Overall, exports recorded a sharp contraction.
| Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 32.8 | 13.5 | 5.5 | 2.3 | -58.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 32.8 | 13.5 | 5.5 | 2.3 | -58.8% |
Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Nepal in 2022:
- India (723.0 kg)
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