Industrial Bakery Machinery Price in Nepal - 2022
Contents:
- Industrial Bakery Machinery Price in Nepal (CIF) - 2022
- Industrial Bakery Machinery Price in Nepal (FOB) - 2022
- Industrial Bakery Machinery Imports in Nepal
- Industrial Bakery Machinery Exports in Nepal
Industrial Bakery Machinery Price in Nepal (CIF) - 2022
The average industrial bakery machinery import price stood at $25,146 per unit in 2022, waning by -2.2% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 9.1%. The import price peaked at $27,401 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($25,745 per unit) and China ($25,536 per unit), while the price for Spain ($19,804 per unit) and Ukraine ($25,431 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Industrial Bakery Machinery Price in Nepal (FOB) - 2022
In 2022, the average industrial bakery machinery export price amounted to $827 per unit, with a decrease of -12.4% against the previous year. In general, the export price saw a abrupt contraction. The growth pace was the most rapid in 2020 an increase of 224% against the previous year. The export price peaked at $9,992 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, 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 -5.9% per year.
Industrial Bakery Machinery Imports in Nepal
Industrial bakery machinery imports into Nepal plummeted to 121 units in 2022, with a decrease of -37.3% on 2021. In general, imports showed a mild decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. As a result, imports reached the peak of 193 units, and then shrank sharply in the following year.
In value terms, industrial bakery machinery imports shrank significantly to $3M in 2022. Overall, imports saw a mild setback. The growth pace was the most rapid in 2021 with an increase of 61% against the previous year. As a result, imports attained the peak of $5M, and then declined markedly in the following year.
| Import of Industrial Bakery Machinery in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,416 | 1,204 | 2,888 | 1,828 | 8.9% |
| China | 1,285 | 1,665 | 1,745 | 536 | -25.3% |
| Ukraine | 48.3 | 57.3 | 113 | 102 | 28.3% |
| Spain | 6.1 | 41.1 | 44.5 | 39.6 | 86.5% |
| Others | 402 | 116 | 171 | 537 | 10.1% |
| Total | 3,158 | 3,083 | 4,962 | 3,043 | -1.2% |
Top Suppliers of Industrial Bakery Machinery to Nepal in 2022:
- India (71.0 units)
- China (21.0 units)
- Ukraine (4.0 units)
- Spain (2.0 units)
Industrial Bakery Machinery Exports in Nepal
In 2022, approx. 3 units of industrial bakery machinery were exported from Nepal; increasing by 200% compared with 2021 figures. In general, exports recorded a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, industrial bakery machinery exports surged to $2.5K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Industrial Bakery Machinery in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 340 | 582 | 944 | 2,482 | 94.0% |
| China | 19.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 359 | 582 | 944 | 2,482 | 90.5% |
Top Export Markets for Industrial Bakery Machinery from Nepal in 2022:
- India (3.0 units)
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