Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Nepal - 2022
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Nepal (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Nepal (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Nepal
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Nepal
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Nepal (CIF) - 2022
The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.1 per unit in 2022, remaining relatively unchanged against the previous year. In general, the import price showed a deep downturn. The growth pace was the most rapid in 2014 when the average import price increased by 5.6%. Over the period under review, average import prices reached the maximum at $0.2 per unit in 2012; however, from 2013 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 India ($0.1 per unit), while the price for China ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-3.4%), while the prices for the other major suppliers experienced a decline.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Nepal (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, with a decrease of -33.6% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 59%. As a result, the export price attained the peak level of $0.1 per unit, and then fell markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($0.3 per unit), while the average price for exports to Indonesia (less than $0.1 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 the Czech Republic (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Nepal
Imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Nepal soared to 136M units in 2022, with an increase of 15% on 2021 figures. In general, imports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 118%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment expanded sharply to $8.4M in 2022. Over the period under review, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 69% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | 2.1 | 4.4 | 6.1 | 18.1% |
| India | 3.4 | 2.0 | 2.7 | 2.0 | -16.2% |
| Others | 0.3 | 0.3 | 0.2 | 0.3 | 0.0% |
| Total | 7.4 | 4.4 | 7.3 | 8.4 | 4.3% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Nepal in 2022:
- China (115.2M units)
- India (17.8M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Nepal
In 2022, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment from Nepal soared to 73K units, jumping by 34% on the year before. In general, exports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 148%. The exports peaked at 125K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment contracted to $6K in 2022. Over the period under review, exports, however, showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 293%. Over the period under review, the exports of reached the maximum at $9.4K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 100 | 115 | 444 | 2,490 | 192.0% |
| Switzerland | 109 | 132 | 542 | 1,512 | 140.3% |
| Mexico | 1,204 | 514 | 744 | 730 | -15.4% |
| Czech Republic | 9.0 | 82.0 | 430 | 530 | 289.1% |
| Thailand | 503 | 147 | 48.0 | 327 | -13.4% |
| Singapore | 60.0 | 85.0 | 251 | 309 | 72.7% |
| Indonesia | 201 | 25.0 | 50.0 | 69.0 | -30.0% |
| South Korea | N/A | N/A | 3,925 | N/A | 0% |
| Canada | 6,344 | N/A | N/A | N/A | 0% |
| Others | 850 | 625 | 345 | 56.0 | -59.6% |
| Total | 9,380 | 1,725 | 6,779 | 6,023 | -13.7% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Nepal in 2022:
- Switzerland (24.6K units)
- India (20.2K units)
- Mexico (13.4K units)
- Thailand (5.3K units)
- Indonesia (4.6K units)
- Singapore (2.6K units)
- Czech Republic (1.7K units)
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