Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Nepal - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Nepal (CIF) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Nepal (FOB) - 2022
  3. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Nepal
  4. Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Nepal

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Nepal (CIF) - 2022

In 2022, the average import price for electric motors and generators amounted to $25 per unit, which is down by -8.3% against the previous year. Over the period under review, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 215%. As a result, import price reached the peak level of $122 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($57 per unit), while the price for India ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-4.2%), while the prices for the other major suppliers experienced a decline.

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Nepal (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $98 per unit, dropping by -79.4% against the previous year. Overall, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of 193% against the previous year. Over the period under review, the average export prices reached the maximum at $2,042 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($164 per unit), while the average price for exports to France totaled $31 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-5.9%).

Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Nepal

Imports of electric motors and generators into Nepal stood at 8.1K units in 2022, surging by 3.5% on the year before. Over the period under review, imports, however, saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 104% against the previous year. Imports peaked at 23K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electric motors and generators dropped to $199K in 2022. Overall, imports, however, saw a precipitous contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 79%. Over the period under review, imports of attained the maximum at $547K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India34848.395.785.2-37.4%
China57.139.578.663.13.4%
Others14129.535.250.6-28.9%
Total547117210199-28.6%

Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Nepal in 2022:

  1. India (5.9K units)
  2. China (1.6K units)

Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Nepal

For the fourth year in a row, Nepal recorded growth in shipments abroad of electric motors and generators, which increased by 100% to 2 units in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of electric motors and generators reduced remarkably to $195 in 2022. In general, exports, however, recorded a sharp slump. The smallest decline of -35.8% was in 2020. The exports peaked at $1.1K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,150738473164-47.8%
FranceN/AN/AN/A31.00%
OthersN/AN/AN/AN/A0%
Total1,150738473195-44.7%

Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Nepal in 2022:

  1. India (1.0 units)
  2. France (1.0 units)

Source: IndexBox Market Intelligence Platform

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