Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Nepal - 2022

Contents:

  1. Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Nepal (CIF) - 2022
  2. Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Nepal

Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Nepal (CIF) - 2022

In 2022, the average import price for central heating boilers; excluding those of heading no. 8402s amounted to $4.3 thousand per unit, waning by -10.8% against the previous year. In general, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 72% against the previous year. Over the period under review, average import prices attained the peak figure at $10 thousand per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($4.8 thousand per unit), while the price for South Korea ($55 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-6.9%), while the prices for the other major suppliers experienced a decline.

Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Nepal

In 2022, approx. 48 units of central heating boilers; excluding those of heading no. 8402s were imported into Nepal; jumping by 71% against the previous year. In general, imports, however, recorded a precipitous setback. Over the period under review, imports of attained the maximum at 152 units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s skyrocketed to $208K in 2022. Over the period under review, imports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 54% against the previous year. As a result, imports attained the peak of $428K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India276425134206-9.3%
China0.73.11.51.426.0%
South Korea0.10.20.10.10.0%
OthersN/AN/A0.1N/A0%
Total277428136208-9.1%

Top Suppliers of Central Heating Boilers; Excluding Those of Heading No. 8402 to Nepal in 2022:

  1. India (43.0 units)
  2. China (4.0 units)
  3. South Korea (1.0 units)

Source: IndexBox Market Intelligence Platform

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