Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Nepal - 2022

Contents:

1. Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Nepal (CIF) - 2022
2. Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Nepal (FOB) - 2022
3. Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Nepal
4. Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Nepal

Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Nepal (CIF) - 2022

The average import price for refrigerating or freezing equipment; parts thereof, other than furniture stood at $25 per unit in 2022, increasing by 7.6% against the previous year. Over the period under review, the import price, however, showed a slight curtailment. The growth pace was the most rapid in 2016 an increase of 42%. The import price peaked at $31 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($25 per unit), while the price for China amounted to $24 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.8%), while the prices for the other major suppliers experienced a decline.

Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Nepal (FOB) - 2022

In 2022, the average export price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $131 per unit, surging by 30% against the previous year. In general, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($155 per unit), while the average price for exports to Palestine totaled $58 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+11.0%).

Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Nepal

Imports of refrigerating or freezing equipment; parts thereof, other than furniture into Nepal contracted to 39K units in 2022, which is down by -14.4% on 2021 figures. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, imports of attained the peak figure at 57K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture reduced to $985K in 2022. Over the period under review, imports continue to indicate a deep setback. The smallest decline of -4.3% was in 2021. Imports peaked at $1.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to Nepal in 2022:

1. India (29.7K units)
2. China (8.8K units)

Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Nepal

In 2022, exports of refrigerating or freezing equipment; parts thereof, other than furniture from Nepal totaled 4 units, remaining relatively unchanged against 2021 figures. In general, exports recorded a dramatic decline. The smallest decline of -40% was in 2020. The exports peaked at 15 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture soared to $522 in 2022. Over the period under review, exports continue to indicate a abrupt setback. Over the period under review, the exports of attained the maximum at $644 in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from Nepal in 2022:

1. India (3.0 units)
2. Palestine (1.0 units)

Source: IndexBox Market Intelligence Platform