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Nepal - Mobile Phones - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMobile Phone Price in Nepal - 2022
Contents:
- Mobile Phone Price in Nepal (CIF) - 2022
- Mobile Phone Price in Nepal (FOB) - 2022
- Mobile Phone Imports in Nepal
- Mobile Phone Exports in Nepal
Mobile Phone Price in Nepal (CIF) - 2022
In 2022, the average mobile phone import price amounted to $46 per unit, waning by -11.2% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 an increase of 22% against the previous year. Over the period under review, average import prices attained the maximum at $51 per unit in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($83 per unit), while the price for China ($37 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Mobile Phone Price in Nepal (FOB) - 2022
The average mobile phone export price stood at $82 per unit in 2022, with an increase of 27% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mobile phone export price increased by +79.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 41% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bhutan ($170 per unit), while the average price for exports to the United Arab Emirates ($80 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bhutan (+44.0%), while the prices for the other major destinations experienced mixed trend patterns.
Mobile Phone Imports in Nepal
Mobile phone imports into Nepal fell remarkably to 2.9M units in 2022, declining by -57.1% against the year before. Overall, imports saw a deep slump. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. As a result, imports reached the peak of 6.8M units, and then dropped markedly in the following year.
In value terms, mobile phone imports reduced markedly to $133M in 2022. In general, imports faced a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 57%. As a result, imports reached the peak of $350M, and then fell remarkably in the following year.
Import of Mobile Phone in Nepal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 96.3 | 141 | 207 | 92.2 | -1.4% |
India | 76.2 | 70.6 | 128 | 37.0 | -21.4% |
Vietnam | 12.9 | 10.3 | 11.5 | 0.3 | -71.5% |
Others | 2.7 | 1.3 | 4.1 | 4.0 | 14.0% |
Total | 188 | 223 | 350 | 133 | -10.9% |
Top Suppliers of Mobile Phone to Nepal in 2022:
- China (2459.4K units)
- India (451.5K units)
- Vietnam (3.8K units)
Mobile Phone Exports in Nepal
In 2022, shipments abroad of mobile phones decreased by -40.7% to 5.7K units, falling for the second year in a row after two years of growth. In general, exports continue to indicate a sharp downturn. The growth pace was the most rapid in 2020 with an increase of 8.8% against the previous year. As a result, the exports attained the peak of 17K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, mobile phone exports shrank markedly to $470K in 2022. Over the period under review, exports recorded a precipitous slump. The smallest decline of -18.3% was in 2021. The exports peaked at $933K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Mobile Phone in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 870 | 711 | 434 | 398 | -22.9% |
Sri Lanka | 42.0 | 48.0 | 156 | 46.7 | 3.6% |
Bhutan | N/A | N/A | 31.9 | 25.5 | -20.1% |
China | 1.6 | N/A | N/A | N/A | 0% |
Singapore | 15.6 | 3.5 | 0.7 | N/A | -78.8% |
Others | 3.4 | N/A | 0.4 | N/A | -65.7% |
Total | 933 | 762 | 623 | 470 | -20.4% |
Top Export Markets for Mobile Phone from Nepal in 2022:
- United Arab Emirates (5.0K units)
- Sri Lanka (0.6K units)
- Bhutan (0.1K units)
This report provides an in-depth analysis of the mobile phone 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 26302200 - Telephones for cellular networks or for other wireless networks
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
-
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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