Price for Winches and Capstans; Not Powered by an Electric Motor in Nepal - 2022

Contents:

  1. Price for Winches and Capstans; Not Powered by an Electric Motor in Nepal (CIF) - 2022
  2. Price for Winches and Capstans; Not Powered by an Electric Motor in Nepal (FOB) - 2022
  3. Imports of Winches and Capstans; Not Powered by an Electric Motor in Nepal
  4. Exports of Winches and Capstans; Not Powered by an Electric Motor in Nepal

Price for Winches and Capstans; Not Powered by an Electric Motor in Nepal (CIF) - 2022

The average import price for winches and capstans; not powered by an electric motors stood at $142 per unit in 2022, reducing by -25.9% against the previous year. Overall, the import price recorded a noticeable downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 64%. The import price peaked at $333 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($770 per unit), while the price for China ($99 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Winches and Capstans; Not Powered by an Electric Motor in Nepal (FOB) - 2022

In 2022, the average export price for winches and capstans; not powered by an electric motors amounted to $16 per unit, which is down by -99.8% against the previous year. Over the period under review, the export price faced a precipitous decline. The pace of growth appeared the most rapid in 2019 when the average export price increased by 1,785% against the previous year. As a result, the export price attained the peak level of $9,479 per unit. From 2020 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2018 to 2022, the rate of growth in terms of prices for India amounted to -57.8% per year.

Imports of Winches and Capstans; Not Powered by an Electric Motor in Nepal

In 2022, the amount of winches and capstans; not powered by an electric motors imported into Nepal skyrocketed to 2.2K units, with an increase of 227% against the year before. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of winches and capstans; not powered by an electric motors soared to $318K in 2022. In general, imports, however, showed a deep downturn. Imports peaked at $391K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Winches and Capstans; Not Powered by an Electric Motor in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India19520.246.52021.2%
China36.523.211.278.028.8%
Italy15162.269.3N/A-32.3%
Others8.03.24.237.667.5%
Total391109131318-6.7%

Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Nepal in 2022:

  1. India (1399.0 units)
  2. China (785.0 units)

Exports of Winches and Capstans; Not Powered by an Electric Motor in Nepal

In 2022, after three years of growth, there was significant decline in shipments abroad of winches and capstans; not powered by an electric motors, when their volume decreased by -93.3% to 2 units. Over the period under review, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2020 when exports increased by 122%. The exports peaked at 30 units in 2021, and then reduced notably in the following year.

In value terms, exports of winches and capstans; not powered by an electric motors shrank remarkably to $32 in 2022. In general, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 94%. Over the period under review, the exports of hit record highs at $204K in 2021, and then shrank dramatically in the following year.

Export of Winches and Capstans; Not Powered by an Electric Motor in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India85.3166204N/A54.6%
OthersN/AN/AN/AN/A0%
Total85.3166204N/A54.6%

Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Nepal in 2022:

  1. India (2.0 units)

Source: IndexBox Market Intelligence Platform

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