Electric Filament Lamp Price in Nepal - 2022

Contents:

1. Electric Filament Lamp Price in Nepal (CIF) - 2022
2. Electric Filament Lamp Price in Nepal (FOB) - 2022
3. Electric Filament Lamp Imports in Nepal
4. Electric Filament Lamp Exports in Nepal

Electric Filament Lamp Price in Nepal (CIF) - 2022

In 2022, the average electric filament lamp import price amounted to $0.3 per unit, increasing by 3.3% against the previous year. Over the period under review, the import price posted a strong increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 61%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($0.3 per unit), while the price for Hungary ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Filament Lamp Price in Nepal (FOB) - 2022

In 2022, the average electric filament lamp export price amounted to $1 per unit, which is down by -21.9% against the previous year. Over the period under review, the export price, however, enjoyed slight growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 171% against the previous year. As a result, the export price attained the peak level of $3.9 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2013 to 2022, the rate of growth in terms of prices for China amounted to -4.6% per year.

Electric Filament Lamp Imports in Nepal

In 2022, supplies from abroad of electric filament lamps was finally on the rise to reach 2.1M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a perceptible setback. Imports peaked at 2.4M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electric filament lamp imports skyrocketed to $655K in 2022. Overall, imports, however, showed a noticeable shrinkage. Imports peaked at $737K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Electric Filament Lamp to Nepal in 2022:

1. China (1274.3K units)
2. India (832.7K units)

Electric Filament Lamp Exports in Nepal

In 2022, after three years of growth, there was significant decline in shipments abroad of electric filament lamps, when their volume decreased by -93% to 4 units. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 714% against the previous year. As a result, the exports attained the peak of 57 units, and then reduced markedly in the following year.

In value terms, electric filament lamp exports contracted significantly to $4 in 2022. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 550%. Over the period under review, the exports attained the peak figure at $73 in 2021, and then fell sharply in the following year.

Top Export Markets for Electric Filament Lamp from Nepal in 2022:

1. Denmark (2.0 units)

Source: IndexBox Market Intelligence Platform