Price for Reciprocating or Rotary Internal Combustion Piston Engines in Nepal - 2022
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Nepal (FOB) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Nepal (CIF) - 2022
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Nepal
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Nepal
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Nepal (FOB) - 2022
In 2022, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $29,905 per unit, with a decrease of -3.9% against the previous year. Over the period under review, the export price, however, recorded a modest increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices attained the maximum at $34,186 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($483,808 per unit), while the average price for exports to South Africa ($12,059 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 India (+64.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Nepal (CIF) - 2022
The average import price for reciprocating or rotary internal combustion piston engineses stood at $1,453 per unit in 2022, increasing by 16% against the previous year. Over the period under review, the import price recorded perceptible growth. The growth pace was the most rapid in 2017 an increase of 187%. Over the period under review, average import prices reached the maximum at $3,059 per unit in 2018; however, from 2019 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 the United States ($14,130 per unit), while the price for China ($62 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+37.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Nepal
For the fourth year in a row, Nepal recorded growth in shipments abroad of reciprocating or rotary internal combustion piston engineses, which increased by 590% to 69 units in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of reciprocating or rotary internal combustion piston engineses surged to $2M in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 391% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 84.9 | 42.0 | 33.0 | 968 | 125.1% |
| Canada | 0.2 | 0.8 | 18.2 | 776 | 1471.4% |
| India | 24.5 | 22.3 | 89.5 | 120 | 69.8% |
| Denmark | 10.4 | 7.4 | 18.6 | 104 | 115.4% |
| Australia | 5.0 | 4.5 | 17.7 | 23.5 | 67.5% |
| South Africa | 4.3 | 3.2 | 10.8 | 12.1 | 41.2% |
| China | N/A | N/A | 310 | N/A | 0% |
| Others | 30.0 | 21.2 | N/A | N/A | -29.3% |
| Total | 159 | 101 | 498 | 2,004 | 132.7% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Nepal in 2022:
- Canada (63.0 units)
- Singapore (2.0 units)
- Australia (1.0 units)
- South Africa (1.0 units)
- Denmark (1.0 units)
- India (1.0 units)
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Nepal
In 2022, the amount of reciprocating or rotary internal combustion piston engineses imported into Nepal declined notably to 850 units, reducing by -93.3% against the year before. Overall, imports recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of 2,050%. As a result, imports attained the peak of 13K units, and then declined sharply in the following year.
In value terms, imports of reciprocating or rotary internal combustion piston engineses reduced remarkably to $1.7M in 2022. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 2,287% against the previous year. As a result, imports attained the peak of $18M, and then contracted remarkably in the following year.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,029 | 441 | 12,848 | 1,315 | 8.5% |
| France | 328 | 82.6 | 1,924 | 144 | -24.0% |
| Indonesia | 6.1 | 20.5 | 325 | 16.8 | 40.2% |
| China | 13.6 | 6.4 | 198 | 10.0 | -9.7% |
| India | 31.0 | 1.8 | 125 | 4.9 | -45.9% |
| Others | 753 | 196 | 2,435 | 193 | -36.5% |
| Total | 2,161 | 748 | 17,855 | 1,684 | -8.0% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Nepal in 2022:
- Canada (511.0 units)
- China (160.0 units)
- France (68.0 units)
- India (30.0 units)
- Indonesia (17.0 units)
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