Multiple Loudspeakers Price in Nepal - 2022
Contents:
- Multiple Loudspeakers Price in Nepal (CIF) - 2022
- Multiple Loudspeakers Price in Nepal (FOB) - 2022
- Multiple Loudspeakers Imports in Nepal
- Multiple Loudspeakers Exports in Nepal
Multiple Loudspeakers Price in Nepal (CIF) - 2022
In 2022, the average multiple loudspeakers import price amounted to $19 per unit, which is down by -8.5% against the previous year. Over the period under review, the import price showed a noticeable decrease. The pace of growth was the most pronounced in 2020 when the average import price increased by 29%. The import price peaked at $30 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($19 per unit), while the price for China amounted to $18 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%).
Multiple Loudspeakers Price in Nepal (FOB) - 2022
In 2022, the average multiple loudspeakers export price amounted to $351 per unit, surging by 47% against the previous year. Overall, the export price saw a remarkable increase. The pace of growth was the most pronounced in 2013 an increase of 139% against the previous year. Over the period under review, the average export prices hit record highs at $488 per unit in 2019; however, from 2020 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 2012 to 2022, the rate of growth in terms of prices for India amounted to +13.3% per year.
Multiple Loudspeakers Imports in Nepal
Multiple loudspeakers imports into Nepal skyrocketed to 201K units in 2022, surging by 44% on the previous year. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 241% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, multiple loudspeakers imports soared to $3.9M in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 187% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Multiple Loudspeakers in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.8 | 0.6 | 2.1 | 3.3 | 60.4% |
| India | 0.5 | 0.2 | 0.4 | 0.4 | -7.2% |
| Others | 0.5 | 0.3 | 0.4 | 0.2 | -26.3% |
| Total | 1.9 | 1.0 | 3.0 | 3.9 | 27.1% |
Top Suppliers of Multiple Loudspeakers to Nepal in 2022:
- China (178.0K units)
- India (21.3K units)
Multiple Loudspeakers Exports in Nepal
In 2022, shipments abroad of multiple loudspeakers (in enclosure) decreased by -66.7% to 1 units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a precipitous descent. The pace of growth was the most pronounced in 2020 when exports increased by 33%. As a result, the exports reached the peak of 4 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, multiple loudspeakers exports declined markedly to $351 in 2022. Overall, exports recorded a sharp contraction. The smallest decline of -30% was in 2020. Over the period under review, the exports reached the maximum at $1.5K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Multiple Loudspeakers in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 291 | 1,025 | 717 | 351 | 6.4% |
| Singapore | 1,174 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,465 | 1,025 | 717 | 351 | -37.9% |
Top Export Markets for Multiple Loudspeakers from Nepal in 2022:
- India (1.0 units)
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