Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Nepal - 2022
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Nepal (CIF) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Nepal
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Nepal (CIF) - 2022
The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $906 per unit in 2022, jumping by 101% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. The import price peaked at $945 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 China ($1,506 per unit), while the price for India stood at $447 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.0%).
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Nepal
In 2022, the amount of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion imported into Nepal dropped dramatically to 30 units, waning by -98.6% compared with the previous year. Overall, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 2,446% against the previous year. As a result, imports attained the peak of 2.2K units, and then contracted markedly in the following year.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion declined markedly to $27K in 2022. Over the period under review, imports showed a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 2,993%. As a result, imports reached the peak of $974K, and then reduced sharply in the following year.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 19.6 | 0% |
| India | 26.5 | 31.5 | 974 | 7.6 | -34.1% |
| Others | 31.9 | N/A | N/A | N/A | 0% |
| Total | 58.5 | 31.5 | 974 | 27.2 | -22.5% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to Nepal in 2022:
- India (17.0 units)
- China (13.0 units)
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