Price for Navigational Instruments and Appliances; Parts and Accessories in Nepal - 2022

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in Nepal (CIF) - 2022
  2. Imports of Navigational Instruments and Appliances; Parts and Accessories in Nepal

Price for Navigational Instruments and Appliances; Parts and Accessories in Nepal (CIF) - 2022

The average import price for navigational instruments and appliances; parts and accessorieses stood at $1,122,699 per ton in 2022, declining by -56.6% against the previous year. In general, the import price, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 an increase of 233% against the previous year. As a result, import price reached the peak level of $2,587 per kg, and then shrank notably in the following year.

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 France ($16,488,615 per ton), while the price for China ($121,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Navigational Instruments and Appliances; Parts and Accessories in Nepal

In 2022, imports of navigational instruments and appliances; parts and accessorieses into Nepal skyrocketed to 286 kg, with an increase of 115% against the previous year's figure. Over the period under review, imports, however, showed a abrupt contraction.

In value terms, imports of navigational instruments and appliances; parts and accessorieses dropped to $321K in 2022. Overall, imports, however, continue to indicate a sharp contraction.

Import of Navigational Instruments and Appliances; Parts and Accessories in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France26622610.7214-7.0%
Singapore27518639.885.9-32.1%
Hong Kong SAR29.522.15.68.4-34.2%
India10.328.83.84.6-23.6%
China49.923.61.60.1-87.4%
Others1.41.32837.877.3%
Total632488344321-20.2%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Nepal in 2022:

  1. Singapore (219.0 kg)
  2. India (25.0 kg)
  3. Hong Kong SAR (24.0 kg)
  4. France (13.0 kg)
  5. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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