Price for Clock Movements; Complete and Assembled, Electrically Operated in Nepal - 2022

Contents:

  1. Price for Clock Movements; Complete and Assembled, Electrically Operated in Nepal (CIF) - 2022
  2. Imports of Clock Movements; Complete and Assembled, Electrically Operated in Nepal

Price for Clock Movements; Complete and Assembled, Electrically Operated in Nepal (CIF) - 2022

The average import price for clock movements; complete and assembled, electrically operateds stood at $1.7 per unit in 2022, increasing by 164% against the previous year. Overall, the import price posted a moderate increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2 per unit), while the price for China stood at $0.6 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.9%).

Imports of Clock Movements; Complete and Assembled, Electrically Operated in Nepal

In 2022, the amount of clock movements; complete and assembled, electrically operateds imported into Nepal contracted dramatically to 302 units, waning by -96.6% compared with the previous year. Over the period under review, imports faced a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 550% against the previous year. As a result, imports reached the peak of 8.9K units, and then dropped dramatically in the following year.

In value terms, imports of clock movements; complete and assembled, electrically operateds dropped sharply to $523 in 2022. Overall, imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 248%. As a result, imports attained the peak of $5.8K, and then reduced remarkably in the following year.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.10.20.50.571.0%
China3.81.35.3N/A18.1%
OthersN/A0.2N/AN/A0%
Total4.01.75.80.5-50.0%

Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Nepal in 2022:

  1. India (228.0 units)
  2. China (73.0 units)

Source: IndexBox Market Intelligence Platform

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