Price for Liquid Elevators; Parts Thereof in Nepal - 2022

Contents:

  1. Price for Liquid Elevators; Parts Thereof in Nepal (CIF) - 2022
  2. Imports of Liquid Elevators; Parts Thereof in Nepal

Price for Liquid Elevators; Parts Thereof in Nepal (CIF) - 2022

The average liquid elevators; parts thereof import price stood at $12,475 per ton in 2022, picking up by 33% against the previous year. In general, the import price, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 49% against the previous year. The import price peaked at $46,985 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($52,415 per ton), while the price for India ($9,976 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced a decline.

Imports of Liquid Elevators; Parts Thereof in Nepal

In 2022, overseas purchases of liquid elevators; parts thereoves decreased by -60.5% to 8.3 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, imports attained the peak of 27 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, liquid elevators; parts thereof imports shrank significantly to $98K in 2022. In general, imports recorded a sharp curtailment. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year.

Import of Liquid Elevators; Parts Thereof in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India22714314676.9-30.3%
Australia4.9N/AN/A12.536.6%
China8.06.619.07.7-1.3%
Others3.016.525.21.4-22.4%
Total24316619098.4-26.0%

Top Suppliers of Liquid Elevators; Parts Thereof to Nepal in 2022:

  1. India (7.7 tons)
  2. Australia (0.4 tons)
  3. China (0.1 tons)

Source: IndexBox Market Intelligence Platform

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