Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal (CIF) - 2022
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal (FOB) - 2022
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal
- Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses amounted to $567 per ton, declining by -11.6% against the previous year. In general, the import price showed a pronounced setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 33%. Over the period under review, average import prices reached the peak figure at $698 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($634 per ton) and Indonesia ($583 per ton), while the price for Malaysia ($558 per ton) and India ($565 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.3%).
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal (FOB) - 2022
The average export price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $138 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 2.7%. The export price peaked at $884 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 -16.9% per year.
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal
In 2022, approx. 217K tons of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses were imported into Nepal; waning by -6.2% on the previous year. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, imports attained the peak of 232K tons, and then reduced in the following year.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses plummeted to $123M in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 52%. As a result, imports reached the peak of $149M, and then contracted sharply in the following year.
| Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 118 | 97.6 | 148 | 74.6 | -14.2% |
| Malaysia | N/A | N/A | N/A | 24.3 | 0% |
| Indonesia | N/A | N/A | N/A | 24.1 | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 118 | 97.6 | 149 | 123 | 1.4% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Nepal in 2022:
- India (132.2K tons)
- Malaysia (43.5K tons)
- Indonesia (41.3K tons)
Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal
In 2022, after two years of decline, there was significant growth in shipments abroad of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses, when their volume increased by 13% to 189 kg. In general, exports, however, saw a abrupt decrease.
In value terms, exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses rose remarkably to $26 in 2022. Over the period under review, exports, however, saw a abrupt downturn.
| Export of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 35.0 | 28.0 | 23.0 | 26.0 | -9.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 35.0 | 28.0 | 23.0 | 26.0 | -9.4% |
Top Export Markets for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Nepal in 2022:
- India (189.0 kg)
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