Nepal - Hydraulic Jacks And Hoists For Raising Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydraulic Jack Price in Nepal - 2022
Contents:
- Hydraulic Jack Price in Nepal (CIF) - 2022
- Hydraulic Jack Price in Nepal (FOB) - 2022
- Hydraulic Jack Imports in Nepal
- Hydraulic Jack Exports in Nepal
Hydraulic Jack Price in Nepal (CIF) - 2022
In 2022, the average hydraulic jack import price amounted to $21 per unit, dropping by -19.6% against the previous year. Over the period under review, the import price, however, continues to indicate a mild expansion. The pace of growth appeared the most rapid in 2014 an increase of 92% against the previous year. Over the period under review, average import prices hit record highs at $67 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($26 per unit), while the price for India amounted to $16 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.2%).
Hydraulic Jack Price in Nepal (FOB) - 2022
In 2022, the average hydraulic jack export price amounted to $906 per unit, rising by 11% against the previous year. In general, the export price, however, showed a deep downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 25%. Over the period under review, the average export prices reached the peak figure at $5,007 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 France amounted to +447.1% per year.
Hydraulic Jack Imports in Nepal
In 2022, the amount of hydraulic jacks and hoists for raising vehicles imported into Nepal fell notably to 30K units, waning by -27.7% compared with the previous year. In general, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 92% against the previous year. As a result, imports attained the peak of 42K units, and then shrank dramatically in the following year.
In value terms, hydraulic jack imports fell rapidly to $653K in 2022. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Imports peaked at $1.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Hydraulic Jack in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 233 | 144 | 218 | 395 | 19.2% |
| India | 925 | 555 | 875 | 238 | -36.4% |
| Others | 64.3 | 28.9 | 30.0 | 20.0 | -32.2% |
| Total | 1,222 | 728 | 1,123 | 653 | -18.9% |
Top Suppliers of Hydraulic Jack to Nepal in 2022:
- India (15.3K units)
- China (15.1K units)
Hydraulic Jack Exports in Nepal
In 2022, the amount of hydraulic jacks and hoists for raising vehicles exported from Nepal skyrocketed to 12 units, with an increase of 140% on 2021. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, hydraulic jack exports skyrocketed to $11K in 2022. In general, exports posted a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 205% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Hydraulic Jack in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.5 | 1.0 | 2.5 | 10.9 | 63.4% |
| France | N/A | 0.3 | 1.6 | N/A | 433.3% |
| Others | 6.0 | N/A | N/A | N/A | 0% |
| Total | 8.5 | 1.3 | 4.1 | 10.9 | 8.6% |
Top Export Markets for Hydraulic Jack from Nepal in 2022:
- India (12.0 units)
This report provides an in-depth analysis of the hydraulic jack 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 28221350 - Hydraulic jacks and hoists for raising vehicles (excluding those for use in garages)
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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Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
159
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
