Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Nepal - 2022

Contents:

  1. Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Nepal (CIF) - 2022
  2. Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Nepal (FOB) - 2022
  3. Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Nepal
  4. Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Nepal

Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Nepal (CIF) - 2022

In 2022, the average import price for cameras, photographic (excluding cinematographic); parts and accessorieses amounted to $6.6 per unit, shrinking by -52.9% against the previous year. In general, the import price recorded a deep setback. The growth pace was the most rapid in 2018 when the average import price increased by 39% against the previous year. Over the period under review, average import prices attained the peak figure at $20 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($35 per unit), while the price for Singapore ($5.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Nepal (FOB) - 2022

The average export price for cameras, photographic (excluding cinematographic); parts and accessorieses stood at $27 per unit in 2022, with an increase of 20% against the previous year. Overall, the export price recorded a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 55%. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($34 per unit), while the average price for exports to Singapore stood at $25 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+5.5%).

Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Nepal

In 2022, the amount of cameras, photographic (excluding cinematographic); parts and accessorieses imported into Nepal skyrocketed to 35K units, growing by 116% compared with the year before. In general, imports showed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cameras, photographic (excluding cinematographic); parts and accessorieses rose to $230K in 2022. Overall, imports, however, showed a abrupt slump. Over the period under review, imports of reached the maximum at $354K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China229180181152-12.8%
IrelandN/AN/AN/A31.20%
India4.93.13.67.113.2%
Singapore3.56.12.84.04.6%
Japan78.73.16.31.2-75.2%
United States15.72.116.40.1-81.5%
Others22.637.715.233.614.1%
Total354232225230-13.4%

Top Suppliers of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories to Nepal in 2022:

  1. China (28.9K units)
  2. Ireland (2.6K units)
  3. Singapore (0.8K units)
  4. India (0.6K units)
  5. Japan (0.1K units)

Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Nepal

For the third year in a row, Nepal recorded decline in overseas shipments of cameras, photographic (excluding cinematographic); parts and accessorieses, which decreased by -84.8% to 7 units in 2022. Over the period under review, exports saw a precipitous shrinkage. The smallest decline of -36.7% was in 2020. The exports peaked at 177 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of cameras, photographic (excluding cinematographic); parts and accessorieses contracted remarkably to $186 in 2022. In general, exports continue to indicate a sharp downturn. The smallest decline of -37.4% was in 2020. Over the period under review, the exports of attained the peak figure at $4K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore6922,525456152-39.7%
PortugalN/AN/AN/A34.00%
India3,330N/A559N/A-59.0%
South Africa13.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4,0352,5251,015186-64.1%

Top Export Markets for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories from Nepal in 2022:

  1. Singapore (6.0 units)
  2. Portugal (1.0 units)

Source: IndexBox Market Intelligence Platform

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