Price for Railway or Tramway Track Constructions of Iron or Steel in Nepal - 2022

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Nepal (CIF) - 2022
  2. Imports of Railway or Tramway Track Constructions of Iron or Steel in Nepal

Price for Railway or Tramway Track Constructions of Iron or Steel in Nepal (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $1,242 per ton in 2022, picking up by 5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 an increase of 24%. As a result, import price reached the peak level of $1,384 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,247 per ton), while the price for China amounted to $1,104 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.3%).

Imports of Railway or Tramway Track Constructions of Iron or Steel in Nepal

In 2022, after three years of growth, there was significant decline in overseas purchases of railway or tramway track constructions of iron or steel, when their volume decreased by -77.8% to 389 tons. Over the period under review, imports saw a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 119%. As a result, imports reached the peak of 1.8K tons, and then contracted significantly in the following year.

In value terms, imports of railway or tramway track constructions of iron or steel shrank dramatically to $483K in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 132% against the previous year. As a result, imports reached the peak of $2.1M, and then fell dramatically in the following year.

Import of Railway or Tramway Track Constructions of Iron or Steel in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3708642,0324133.7%
China98.517.326.362.5-14.1%
Others5.89.57.57.27.5%
Total4758912,0664830.6%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Nepal in 2022:

  1. India (331.4 tons)
  2. China (56.6 tons)

Source: IndexBox Market Intelligence Platform

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