Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Nepal - 2022
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Nepal (FOB) - 2022
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Nepal (CIF) - 2022
- Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Nepal
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Nepal
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Nepal (FOB) - 2022
In 2022, the average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $31,557 per unit, jumping by 22% against the previous year. In general, the export price saw a significant increase. The growth pace was the most rapid in 2017 when the average export price increased by 133%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +66.3% per year.
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Nepal (CIF) - 2022
The average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $5,263 per unit in 2022, rising by 126% against the previous year. Overall, the import price recorded a temperate increase. The most prominent rate of growth was recorded in 2019 an increase of 297% against the previous year. As a result, import price reached the peak level of $18,117 per unit. From 2020 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 Italy ($10,771 per unit), while the price for India ($506 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+26.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Nepal
In 2022, shipments abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses decreased by -1.5% to 67 units, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 43%. As a result, the exports attained the peak of 70 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses soared to $2.1M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Nepal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | N/A | 1.5 | 1.8 | 2.1 | 18.3% |
United Arab Emirates | 1.2 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.2 | 1.5 | 1.8 | 2.1 | 20.5% |
Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Nepal in 2022:
- India (67.0 units)
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Nepal
For the third consecutive year, Nepal recorded decline in supplies from abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses, which decreased by -36.4% to 7 units in 2022. In general, imports faced a precipitous descent. Over the period under review, imports of reached the maximum at 112 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses soared to $37K in 2022. Overall, imports showed a sharp shrinkage. Over the period under review, imports of attained the maximum at $2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 38.7 | 67.2 | 16.3 | 21.5 | -17.8% |
China | 0.1 | 0.7 | 0.7 | 14.8 | 429.0% |
India | 6.5 | 20.8 | 8.6 | 0.5 | -57.5% |
Germany | 1,982 | N/A | N/A | N/A | 0% |
United Kingdom | 2.1 | N/A | N/A | N/A | 0% |
Others | N/A | 0.3 | N/A | N/A | 0% |
Total | 2,029 | 89.0 | 25.6 | 36.8 | -73.7% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Nepal in 2022:
- China (4.0 units)
- Italy (2.0 units)
- India (1.0 units)
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