Price for Steam and Other Vapour Turbines, for Marine Propulsion in Nepal - 2022

Contents:

  1. Price for Steam and Other Vapour Turbines, for Marine Propulsion in Nepal (CIF) - 2022
  2. Imports of Steam and Other Vapour Turbines, for Marine Propulsion in Nepal

Price for Steam and Other Vapour Turbines, for Marine Propulsion in Nepal (CIF) - 2022

The average import price for steam and other vapour turbines, for marine propulsia stood at $4,059 per unit in 2022, jumping by 74% against the previous year. Over the period under review, the import price, however, showed a dramatic slump. The growth pace was the most rapid in 2016 when the average import price increased by 180% against the previous year. Over the period under review, average import prices attained the peak figure at $40,487 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -49.5% per year.

Imports of Steam and Other Vapour Turbines, for Marine Propulsion in Nepal

In 2022, after three years of growth, there was significant decline in overseas purchases of steam and other vapour turbines, for marine propulsia, when their volume decreased by -66.7% to 1 units. Over the period under review, imports recorded a precipitous setback. The pace of growth appeared the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of 3 units, and then shrank rapidly in the following year.

In value terms, imports of steam and other vapour turbines, for marine propulsia declined rapidly to $4.1K in 2022. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 92% against the previous year. As a result, imports attained the peak of $9.9K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Steam and Other Vapour Turbines, for Marine Propulsion in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5.19.96.4N/A12.0%
ChinaN/AN/AN/AN/A0%
GermanyN/AN/A0.5N/A0%
OthersN/AN/AN/A4.00%
Total5.29.97.04.1-7.6%

Top Suppliers of Steam and Other Vapour Turbines, for Marine Propulsion to Nepal in 2022:

  1. India (1.0 units)

Source: IndexBox Market Intelligence Platform

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