Pumps; Parts Thereof Price in Nepal - 2022
Contents:
- Pumps; Parts Thereof Price in Nepal (CIF) - 2022
- Pumps; Parts Thereof Price in Nepal (FOB) - 2022
- Pumps; Parts Thereof Imports in Nepal
- Pumps; Parts Thereof Exports in Nepal
Pumps; Parts Thereof Price in Nepal (CIF) - 2022
The average pumps; parts thereof import price stood at $26,880 per ton in 2022, waning by -15.7% against the previous year. Overall, the import price recorded a noticeable contraction. The pace of growth was the most pronounced in 2020 when the average import price increased by 14% against the previous year. Over the period under review, average import prices reached the maximum at $35,479 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($27,334 per ton) and the United States ($24,144 per ton), while the price for Germany ($23,340 per ton) and China ($23,726 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.1%), while the prices for the other major suppliers experienced a decline.
Pumps; Parts Thereof Price in Nepal (FOB) - 2022
In 2022, the average pumps; parts thereof export price amounted to $31,086 per ton, shrinking by -12.2% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 174%. As a result, the export price attained the peak level of $81,129 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +4.9% per year.
Pumps; Parts Thereof Imports in Nepal
In 2022, approx. 74 tons of pumps; parts thereoves were imported into Nepal; increasing by 9.4% compared with 2021. Overall, imports, however, continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year.
In value terms, pumps; parts thereof imports shrank to $2M in 2022. In general, imports, however, saw a noticeable reduction. The growth pace was the most rapid in 2021 when imports increased by 46% against the previous year.
| Import of Pumps; Parts Thereof in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,587 | 1,181 | 1,777 | 1,492 | -2.0% |
| China | 416 | 200 | 253 | 258 | -14.7% |
| United States | 81.7 | 12.7 | 13.1 | 59.3 | -10.1% |
| Germany | 6.2 | 3.3 | 21.1 | 39.3 | 85.1% |
| Others | 116 | 91.6 | 102 | 150 | 8.9% |
| Total | 2,206 | 1,489 | 2,167 | 1,998 | -3.2% |
Top Suppliers of Pumps; Parts Thereof to Nepal in 2022:
- India (54.6 tons)
- China (10.9 tons)
- United States (2.5 tons)
- Germany (1.7 tons)
Pumps; Parts Thereof Exports in Nepal
In 2022, approx. 956 kg of pumps; parts thereoves were exported from Nepal; increasing by 376% against 2021. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, pumps; parts thereof exports skyrocketed to $30K in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pumps; Parts Thereof in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.1 | 2.0 | 4.9 | 29.7 | 200.0% |
| India | 4.0 | 7.1 | 2.2 | N/A | -25.8% |
| Others | 0.7 | 0.1 | N/A | N/A | -85.7% |
| Total | 5.9 | 9.3 | 7.1 | 29.7 | 71.4% |
Top Export Markets for Pumps; Parts Thereof from Nepal in 2022:
- Singapore (956.0 kg)
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