Alloy Steel Powders Price in Nepal - 2022

Alloy Steel Powders Price in Nepal (CIF) - 2022

In 2022, the average alloy steel powders import price amounted to $1,161 per ton, falling by -55.8% against the previous year. Over the period under review, the import price continues to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2018 an increase of 481%. Over the period under review, average import prices attained the peak figure at $27,640 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 -23.2% per year.

Alloy Steel Powders Imports in Nepal

Alloy steel powders imports into Nepal skyrocketed to 305 kg in 2022, picking up by 42% compared with the year before. Over the period under review, imports, however, recorded a dramatic decrease. The growth pace was the most rapid in 2020 when imports increased by 943% against the previous year. As a result, imports reached the peak of 7.7 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, alloy steel powders imports fell markedly to $354 in 2022. Overall, imports, however, recorded a sharp decrease. The growth pace was the most rapid in 2020 when imports increased by 816% against the previous year. As a result, imports attained the peak of $16K. From 2021 to 2022, the growth of imports failed to regain momentum.