Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Nepal - 2022
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Nepal (CIF) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Nepal
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Nepal (CIF) - 2022
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $1.6 per unit in 2022, with a decrease of -10.6% against the previous year. In general, the import price saw a mild contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 19% against the previous year. Over the period under review, average import prices reached the peak figure at $1.8 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2.8 per unit), while the price for China amounted to $1.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%).
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Nepal
In 2022, approx. 57K units of clocks; wall clocks, battery, accumulator or mains powereds were imported into Nepal; jumping by 63% against the previous year's figure. Over the period under review, imports, however, recorded a drastic downturn. Imports peaked at 93K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds surged to $92K in 2022. In general, imports, however, recorded a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 47%. Imports peaked at $142K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 77.0 | 19.2 | 24.7 | 45.9 | -15.8% |
| China | 58.0 | 18.2 | 32.3 | 44.0 | -8.8% |
| Others | 7.0 | 5.6 | 5.9 | 1.7 | -37.6% |
| Total | 142 | 42.9 | 62.9 | 91.6 | -13.6% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Nepal in 2022:
- China (40.7K units)
- India (16.2K units)
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