Tungsten (Wolfram); Wire Price in Nepal - 2022
Contents:
Tungsten (Wolfram); Wire Price in Nepal (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $75,818 per ton in 2022, with a decrease of -10.8% against the previous year. In general, the import price, however, saw modest growth. The most prominent rate of growth was recorded in 2015 an increase of 52%. As a result, import price attained the peak level of $140,500 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($113,750 per ton), while the price for India ($3,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+37.3%), while the prices for the other major suppliers experienced a decline.
Tungsten (Wolfram); Wire Imports in Nepal
Tungsten (wolfram); wire imports into Nepal skyrocketed to 12 kg in 2022, with an increase of 300% on 2021 figures. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, tungsten (wolfram); wire imports surged to $834 in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tungsten (Wolfram); Wire in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 455 | 0% |
| Singapore | 65.0 | 141 | 255 | 376 | 79.5% |
| India | 13.0 | N/A | N/A | 3.0 | -38.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 78.0 | 141 | 255 | 834 | 120.3% |
Top Suppliers of Tungsten (Wolfram); Wire to Nepal in 2022:
- Singapore (7.0 kg)
- China (4.0 kg)
- India (1.0 kg)
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