Nepal - Mechano-Therapy Appliances And Massage Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMechano-Therapy Appliances Price in Nepal - 2022
Contents:
- Mechano-Therapy Appliances Price in Nepal (CIF) - 2022
- Mechano-Therapy Appliances Price in Nepal (FOB) - 2022
- Mechano-Therapy Appliances Imports in Nepal
- Mechano-Therapy Appliances Exports in Nepal
Mechano-Therapy Appliances Price in Nepal (CIF) - 2022
In 2022, the average mechano-therapy appliances import price amounted to $23 per unit, with an increase of 32% against the previous year. In general, the import price recorded modest growth. The most prominent rate of growth was recorded in 2015 an increase of 50%. As a result, import price attained the peak level of $38 per unit. From 2016 to 2022, the average 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 China ($23 per unit), while the price for India ($23 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Mechano-Therapy Appliances Price in Nepal (FOB) - 2022
In 2022, the average mechano-therapy appliances export price amounted to $6.7 per unit, which is down by -62.2% against the previous year. In general, the export price saw a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 116%. The export price peaked at $47 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6.8 per unit), while the average price for exports to the Philippines totaled $6.7 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.1%).
Mechano-Therapy Appliances Imports in Nepal
Mechano-therapy appliances imports into Nepal soared to 128K units in 2022, growing by 47% compared with 2021. In general, imports recorded strong growth. The pace of growth was the most pronounced in 2021 with an increase of 112%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, mechano-therapy appliances imports surged to $3M in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 102%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Mechano-Therapy Appliances in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,259 | 460 | 916 | 2,314 | 22.5% |
| China | 128 | 131 | 242 | 398 | 46.0% |
| India | 93.9 | 129 | 266 | 258 | 40.1% |
| Others | 48.8 | 38.9 | 107 | 15.8 | -31.3% |
| Total | 1,530 | 759 | 1,531 | 2,986 | 25.0% |
Top Suppliers of Mechano-Therapy Appliances to Nepal in 2022:
- South Korea (98.9K units)
- China (17.0K units)
- India (11.0K units)
Mechano-Therapy Appliances Exports in Nepal
For the third year in a row, Nepal recorded growth in overseas shipments of mechano-therapy appliances and massage apparatus, which increased by 6.2% to 911 units in 2022. The total export volume increased at an average annual rate of +7.0% over the period from 2020 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 7.8% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, mechano-therapy appliances exports dropped significantly to $6.1K in 2022. In general, exports, however, showed a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 5.4%. As a result, the exports attained the peak of $15K, and then shrank sharply in the following year.
| Export of Mechano-Therapy Appliances in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | N/A | N/A | 3.8 | 0% | |
| Philippines | N/A | N/A | 2.3 | 0% | |
| United Arab Emirates | N/A | 15.3 | N/A | 0% | |
| Canada | 14.5 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 14.5 | 15.3 | 6.1 | -35.1% | |
Top Export Markets for Mechano-Therapy Appliances from Nepal in 2022:
- United States (569.0 units)
- Philippines (342.0 units)
This report provides an in-depth analysis of the mechano-therapy appliances market in Nepal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32502130 - Mechano-therapy appliances, massage apparatus, p sychological aptitude-testing apparatus (excluding wholly stationary mechano-therapy apparatus)
Country coverage:
- Nepal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nepal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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