Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Nepal - 2022
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Nepal (CIF) - 2022
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Nepal
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Nepal (CIF) - 2022
The average import price for stainless steel; flat-rolled products of width less than 600mms stood at $1,768 per ton in 2022, surging by 22% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 26%. The import price peaked at $1,794 per ton in 2012; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,807 per ton), while the price for China amounted to $1,764 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%).
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Nepal
Imports of stainless steel; flat-rolled products of width less than 600mms into Nepal reached 17K tons in 2022, growing by 14% on the previous year's figure. Over the period under review, imports, however, saw a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms soared to $30M in 2022. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.7 | 10.3 | 19.5 | 27.7 | 8.5% |
| India | 3.2 | 2.0 | 2.4 | 2.7 | -5.5% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 24.9 | 12.3 | 21.9 | 30.4 | 6.9% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Nepal in 2022:
- China (15.7K tons)
- India (1.5K tons)
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