Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Nepal - 2022
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Nepal (CIF) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Nepal
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Nepal (CIF) - 2022
In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $2.6 per unit, increasing by 469% against the previous year. In general, the import price enjoyed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 ($2.7 per unit), while the price for China totaled $0.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.0%).
Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Nepal
Imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds into Nepal contracted dramatically to 1.9K units in 2022, reducing by -79.9% compared with the previous year. Overall, imports recorded a pronounced contraction. The pace of growth was the most pronounced in 2021 with an increase of 706%. As a result, imports reached the peak of 9.3K units, and then declined significantly in the following year.
In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds totaled $5K in 2022. In general, imports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 341%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.6 | 0.1 | 1.1 | 4.9 | 23.5% |
| China | 0.4 | 0.4 | 3.2 | N/A | 182.8% |
| Others | 0.1 | 0.5 | N/A | N/A | 400.0% |
| Total | 3.1 | 1.0 | 4.3 | 5.0 | 17.3% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Nepal in 2022:
- India (1861.0 units)
- China (14.0 units)
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