Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Nepal - 2022

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Nepal (CIF) - 2022
  2. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Nepal

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Nepal (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $2,227 per unit in 2022, surging by 6.4% against the previous year. In general, the import price posted a tangible increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 101%. As a result, import price attained the peak level of $2,357 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,458 per unit), while the price for South Korea ($100 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.8%), while the prices for the other major suppliers experienced a decline.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Nepal

After two years of decline, overseas purchases of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses increased by 11% to 30 units in 2022. Overall, imports, however, recorded a deep slump. Over the period under review, imports of attained the peak figure at 36 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses soared to $67K in 2022. In general, imports, however, saw a noticeable descent. Over the period under review, imports of hit record highs at $74K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India73.352.456.266.4-3.2%
United StatesN/AN/AN/A0.20%
China0.30.20.10.1-30.7%
South Korea0.10.10.10.10.0%
OthersN/AN/AN/AN/A0%
Total73.852.756.566.8-3.3%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Nepal in 2022:

  1. India (27.0 units)
  2. United States (1.0 units)
  3. South Korea (1.0 units)
  4. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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