Concrete Mixer Price in Nepal - 2022
Contents:
- Concrete Mixer Price in Nepal (CIF) - 2022
- Concrete Mixer Price in Nepal (FOB) - 2022
- Concrete Mixer Imports in Nepal
- Concrete Mixer Exports in Nepal
Concrete Mixer Price in Nepal (CIF) - 2022
In 2022, the average concrete mixer import price amounted to $688 per unit, shrinking by -17.3% against the previous year. Over the period under review, the import price saw a perceptible reduction. The growth pace was the most rapid in 2017 an increase of 26%. Over the period under review, average import prices hit record highs at $1,082 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($689 per unit), while the price for China ($688 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.5%), while the prices for the other major suppliers experienced a decline.
Concrete Mixer Price in Nepal (FOB) - 2022
The average concrete mixer export price stood at $826 per unit in 2022, stabilizing at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 1.7% against the previous year. The export price peaked at $843 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2017 to 2022, the rate of growth in terms of prices for India amounted to -0.4% per year.
Concrete Mixer Imports in Nepal
In 2022, imports of concrete or mortar mixers into Nepal surged to 13K units, picking up by 23% against 2021 figures. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 47%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, concrete mixer imports rose to $8.8M in 2022. The total import value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Concrete Mixer in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.9 | 5.6 | 7.4 | 6.1 | 1.1% |
| China | 0.9 | 0.3 | 1.1 | 2.4 | 38.7% |
| United States | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.3 | 0.2 | 0.1 | N/A | -42.3% |
| Total | 7.1 | 6.1 | 8.7 | 8.8 | 7.4% |
Top Suppliers of Concrete Mixer to Nepal in 2022:
- India (8.8K units)
- China (3.5K units)
- United States (0.5K units)
Concrete Mixer Exports in Nepal
Concrete mixer exports from Nepal stood at 20 units in 2022, remaining constant against the year before. Overall, exports recorded a sharp reduction. The smallest decline of -16.3% was in 2020. The exports peaked at 49 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, concrete mixer exports amounted to $17K in 2022. Over the period under review, exports continue to indicate a dramatic setback. The smallest decline of -18.2% was in 2020. The exports peaked at $40K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Concrete Mixer in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 19.6 | 33.0 | N/A | 16.5 | -5.6% |
| Taiwan (Chinese) | 20.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 40.4 | 33.0 | N/A | 16.5 | -25.8% |
Top Export Markets for Concrete Mixer from Nepal in 2022:
- India (20.0 units)
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