Key Market Indicators
Nepal's import of metal products is projected to reach approximately $38 million by 2028, up from around $33 million in 2023. This marks an average annual growth rate of 2.5%. Historical data since 1999 indicates a consistent year-on-year increase in demand of 3.9%. On the export front, Nepal's metal products are expected to hit nearly $4 million by 2028, rising from about $3 million in 2023. This represents an average annual growth rate of 3.7%. Since 1999, the country's supply of metal products has grown at an average annual rate of 6.4%.
