Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Nepal - 2022
Contents:
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Nepal (CIF) - 2022
- Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Nepal
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Nepal (CIF) - 2022
In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $487 per unit, dropping by -41.8% against the previous year. Over the period under review, the import price recorded a pronounced slump. The pace of growth appeared the most rapid in 2020 an increase of 232%. As a result, import price reached the peak level of $1,340 per unit. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($489 per unit), while the price for China stood at $122 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.1%).
Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Nepal
In 2022, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs into Nepal surged to 1.8K units, picking up by 22% on 2021. In general, imports, however, recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 312%. Imports peaked at 5.3K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs contracted dramatically to $900K in 2022. Overall, imports, however, continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 157% against the previous year. Imports peaked at $2.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 997 | 481 | 1,259 | 888 | -3.8% |
| China | 1,141 | 5.4 | 4.0 | 2.1 | -87.7% |
| Others | 8.5 | 8.2 | 8.5 | 9.8 | 4.9% |
| Total | 2,146 | 494 | 1,271 | 900 | -25.1% |
Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Nepal in 2022:
- India (1816.0 units)
- China (17.0 units)
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