Price for Tools, Hand; Other than Household Tools in Nepal - 2022
Contents:
- Price for Tools, Hand; Other than Household Tools in Nepal (CIF) - 2022
- Imports of Tools, Hand; Other than Household Tools in Nepal
Price for Tools, Hand; Other than Household Tools in Nepal (CIF) - 2022
The average import price for tools, hand; other than household toolses stood at $4,155 per ton in 2022, picking up by 17% against the previous year. In general, the import price, however, continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 70% against the previous year. Over the period under review, average import prices attained the peak figure at $9,369 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,399 per ton), while the price for India stood at $3,507 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%).
Imports of Tools, Hand; Other than Household Tools in Nepal
In 2022, imports of tools, hand; other than household toolses into Nepal fell markedly to 238 tons, reducing by -45% against the year before. Over the period under review, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 141% against the previous year. As a result, imports reached the peak of 432 tons, and then contracted sharply in the following year.
In value terms, imports of tools, hand; other than household toolses reduced rapidly to $987K in 2022. Overall, imports saw a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 70%. As a result, imports attained the peak of $1.5M, and then declined sharply in the following year.
| Import of Tools, Hand; Other than Household Tools in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 880 | 730 | 968 | 679 | -8.3% |
| China | 311 | 153 | 483 | 220 | -10.9% |
| Others | 202 | 19.5 | 85.6 | 87.8 | -24.3% |
| Total | 1,393 | 902 | 1,537 | 987 | -10.8% |
Top Suppliers of Tools, Hand; Other than Household Tools to Nepal in 2022:
- India (193.7 tons)
- China (40.8 tons)
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