Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Nepal - 2022

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Nepal (CIF) - 2022
  2. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Nepal

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Nepal (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $936 per unit, waning by -7% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses increased by +81.5% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 56% against the previous year. The import price peaked at $1,014 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,032 per unit), while the price for China amounted to $169 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.2%).

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Nepal

In 2022, overseas purchases of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses were finally on the rise to reach 36 units after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt setback. Imports peaked at 50 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses surged to $34K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India23.721.918.133.011.7%
China2.11.41.00.7-30.7%
OthersN/AN/AN/AN/A0%
Total25.823.319.133.79.3%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Nepal in 2022:

  1. India (32.0 units)
  2. China (4.0 units)

Source: IndexBox Market Intelligence Platform

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