Nepal - Furniture Designed To Receive Refrigerating Or Freezing Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefrigerator or Freezer Price in Nepal - 2022
Contents:
- Refrigerator or Freezer Price in Nepal (CIF) - 2022
- Refrigerator or Freezer Price in Nepal (FOB) - 2022
- Refrigerator or Freezer Imports in Nepal
- Refrigerator or Freezer Exports in Nepal
Refrigerator or Freezer Price in Nepal (CIF) - 2022
The average refrigerator or freezer import price stood at $4.6 per unit in 2022, picking up by 4.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2021 an increase of 11% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($4.6 per unit), while the price for China totaled $4.6 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Refrigerator or Freezer Price in Nepal (FOB) - 2022
In 2022, the average refrigerator or freezer export price amounted to $2.5 per unit, approximately equating the previous year. Over the period under review, the export price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2014 an increase of 8.4% against the previous year. As a result, the export price reached the peak level of $4.4 per unit. From 2015 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 2012 to 2022, the rate of growth in terms of prices for India amounted to -4.2% per year.
Refrigerator or Freezer Imports in Nepal
In 2022, imports of furniture designed to receive refrigerating or freezing equipment into Nepal declined to 107K units, dropping by -11.7% against the year before. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 526% against the previous year. As a result, imports reached the peak of 121K units, and then contracted in the following year.
In value terms, refrigerator or freezer imports reduced to $492K in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 598% against the previous year. As a result, imports reached the peak of $532K, and then contracted in the following year.
| Import of Refrigerator or Freezer in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.7 | 16.5 | 202 | 365 | 136.2% |
| India | 94.5 | 48.5 | 318 | 120 | 8.3% |
| Indonesia | 11.4 | 8.4 | 8.1 | 6.1 | -18.8% |
| Others | 6.7 | 2.8 | 4.4 | 0.4 | -60.9% |
| Total | 140 | 76.3 | 532 | 492 | 52.0% |
Top Suppliers of Refrigerator or Freezer to Nepal in 2022:
- China (79.2K units)
- India (26.0K units)
- Indonesia (1.3K units)
Refrigerator or Freezer Exports in Nepal
In 2022, after three years of growth, there was decline in overseas shipments of furniture designed to receive refrigerating or freezing equipment, when their volume decreased by -4.6% to 4.3K units. The total export volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 10% against the previous year. As a result, the exports reached the peak of 4.5K units, and then shrank slightly in the following year.
In value terms, refrigerator or freezer exports declined slightly to $11K in 2022. The total export value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 7.9% against the previous year. The exports peaked at $11K in 2021, and then contracted modestly in the following year.
| Export of Refrigerator or Freezer in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.6 | 10.4 | 11.2 | 10.8 | 4.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.6 | 10.4 | 11.2 | 10.8 | 4.0% |
Top Export Markets for Refrigerator or Freezer from Nepal in 2022:
- India (4.3K units)
This report provides an in-depth analysis of the refrigerator or freezer market in Nepal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28253030 - Furniture designed to receive refrigerating or freezing equipment (including evaporators, complete refrigerating units)
Country coverage:
- Nepal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nepal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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