Price for Powders of Pig Iron in Nepal - 2022

Contents:

  1. Price for Powders of Pig Iron in Nepal (CIF) - 2022
  2. Imports of Powders of Pig Iron in Nepal

Price for Powders of Pig Iron in Nepal (CIF) - 2022

The average powders of pig iron import price stood at $1,354 per ton in 2022, with an increase of 43% against the previous year. Overall, the import price, however, showed a deep contraction. The growth pace was the most rapid in 2017 an increase of 147% against the previous year. The import price peaked at $2,337 per ton in 2012; however, from 2013 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 +1.2% per year.

Imports of Powders of Pig Iron in Nepal

In 2022, overseas purchases of powders of pig ira decreased by -30.2% to 7.5 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed modest growth. The growth pace was the most rapid in 2020 with an increase of 94%. As a result, imports attained the peak of 14 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, powders of pig iron imports stood at $10K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. As a result, imports reached the peak of $11K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Powders of Pig Iron in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.65.48.110.241.5%
China1.90.30.2N/A-67.6%
Others0.34.81.9N/A151.7%
Total5.810.510.210.220.7%

Top Suppliers of Powders of Pig Iron to Nepal in 2022:

  1. India (7.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or steel, pig iron, spiegeleisen; powders (excluding alloy steel) - Nepal