Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Nepal - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Nepal (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Nepal (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Nepal
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Nepal
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Nepal (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $20 per unit, with a decrease of -9.4% against the previous year. In general, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 40% against the previous year. As a result, import price attained the peak level of $85 per unit. From 2016 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($20 per unit), while the price for India totaled $17 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.5%).
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Nepal (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $77 per unit, waning by -28.1% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 300%. The export price peaked at $107 per unit in 2021, and then dropped notably in the following year.
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 +15.5% per year.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Nepal
In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type imported into Nepal declined significantly to 31K units, waning by -25.2% against 2021. In general, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 270% against the previous year. As a result, imports reached the peak of 41K units, and then fell dramatically in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type declined significantly to $630K in 2022. Overall, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 235% against the previous year. As a result, imports attained the peak of $930K, and then shrank sharply in the following year.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 499 | 189 | 771 | 510 | 0.7% |
| India | 143 | 72.8 | 133 | 100 | -11.2% |
| Others | 37.4 | 15.3 | 26.3 | 19.2 | -19.9% |
| Total | 679 | 277 | 930 | 630 | -2.5% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Nepal in 2022:
- China (25.0K units)
- India (5.8K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Nepal
For the fourth consecutive year, Nepal recorded growth in overseas shipments of tools; for working in the hand, pneumatic, other than rotary type, which increased by 125% to 18 units in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type surged to $1.4K in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 62% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type reached the maximum in 2022 and are likely to continue growth in the near future.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 121 | 529 | 857 | 1,387 | 125.5% |
| Thailand | 206 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 327 | 529 | 857 | 1,387 | 61.9% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Nepal in 2022:
- India (18.0 units)
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