Price for Machines; Parts and Accessories, of Heading No. 8472 in Nepal - 2022

Contents:

  1. Price for Machines; Parts and Accessories, of Heading No. 8472 in Nepal (CIF) - 2022
  2. Imports of Machines; Parts and Accessories, of Heading No. 8472 in Nepal

Price for Machines; Parts and Accessories, of Heading No. 8472 in Nepal (CIF) - 2022

In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $89,013 per ton, with an increase of 4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 11%. Over the period under review, average import prices attained the maximum at $98,179 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($90,988 per ton) and the United States ($90,730 per ton), while the price for the Netherlands ($67,197 per ton) and the UK ($85,625 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+0.0%), while the prices for the other major suppliers experienced a decline.

Imports of Machines; Parts and Accessories, of Heading No. 8472 in Nepal

In 2022, imports of machines; parts and accessories, of heading no. 8472 into Nepal soared to 3.7 tons, surging by 21% against the previous year's figure. Over the period under review, imports, however, showed a perceptible decrease. The pace of growth appeared the most rapid in 2021 with an increase of 72% against the previous year.

In value terms, imports of machines; parts and accessories, of heading no. 8472 skyrocketed to $331K in 2022. Overall, imports, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 78% against the previous year.

Import of Machines; Parts and Accessories, of Heading No. 8472 in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22753.1112170-9.2%
India33.218.045.550.214.8%
Denmark2.49.36.830.5133.4%
Malaysia3.12.75.914.667.6%
Hungary9.54.322.110.63.7%
United States13.39.716.510.1-8.8%
South Korea0.91.01.29.5119.4%
Japan1.91.45.97.457.3%
Netherlands30.819.315.84.4-47.7%
United Kingdom18.021.115.40.7-66.1%
Others18.08.717.123.59.3%
Total358149264331-2.6%

Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Nepal in 2022:

  1. China (1870.0 kg)
  2. India (554.0 kg)
  3. Denmark (337.0 kg)
  4. Malaysia (161.0 kg)
  5. Hungary (117.0 kg)
  6. United States (111.0 kg)
  7. South Korea (105.0 kg)
  8. Japan (81.0 kg)
  9. Netherlands (66.0 kg)
  10. United Kingdom (8.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Free Data: Machines; parts and accessories, of heading no. 8472 - Nepal