Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Nepal - 2022
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Nepal (CIF) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Nepal
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Nepal (CIF) - 2022
The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $306 per unit in 2022, waning by -7.6% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 156%. Over the period under review, average import prices hit record highs at $2,870 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 ($327 per unit), while the price for China totaled $90 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%).
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Nepal
In 2022, supplies from abroad of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by -11.3% to 1.7K units, falling for the second year in a row after two years of growth. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 770%. As a result, imports reached the peak of 6.9K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs contracted notably to $509K in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. As a result, imports attained the peak of $907K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 483 | 176 | 605 | 493 | 0.7% |
| China | 18.1 | 731 | 8.4 | 13.4 | -9.5% |
| Others | N/A | N/A | 6.6 | 1.8 | -72.7% |
| Total | 501 | 907 | 620 | 509 | 0.5% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Nepal in 2022:
- India (1509.0 units)
- China (149.0 units)
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