Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Nepal - 2022

Contents:

1. Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Nepal (CIF) - 2022
2. Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Nepal (FOB) - 2022
3. Imports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Nepal
4. Exports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Nepal

Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Nepal (CIF) - 2022

In 2022, the average import price for turbines; hydraulic water wheels and regulators therefor amounted to $50 thousand per unit, waning by -32.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 30% against the previous year. Over the period under review, average import prices attained the peak figure at $131 thousand per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Germany ($126 thousand per unit), while the price for India ($38 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+18.7%), while the prices for the other major suppliers experienced a decline.

Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Nepal (FOB) - 2022

The average export price for turbines; hydraulic water wheels and regulators therefor stood at $76 thousand per unit in 2022, reducing by -21.4% against the previous year. Overall, the export price, however, posted a significant increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 557% against the previous year. Over the period under review, the average export prices attained the maximum at $97 thousand per unit in 2021, and then reduced markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($245 thousand per unit), while the average price for exports to Nigeria ($656 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 (+44.8%).

Imports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Nepal

For the fourth year in a row, Nepal recorded growth in supplies from abroad of turbines; hydraulic water wheels and regulators therefor, which increased by 59% to 477 units in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbines; hydraulic water wheels and regulators therefor rose remarkably to $24M in 2022. The total import value increased at an average annual rate of +12.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 47%. As a result, imports attained the peak of $25M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Turbines; Hydraulic Water Wheels and Regulators Therefor to Nepal in 2022:

1. India (288.0 units)
2. China (150.0 units)
3. Germany (11.0 units)
4. Austria (10.0 units)
5. Italy (1.0 units)

Exports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Nepal

In 2022, shipments abroad of turbines; hydraulic water wheels and regulators therefor was finally on the rise to reach 4 units after two years of decline. In general, exports, however, continue to indicate a dramatic contraction. Over the period under review, the exports of hit record highs at 8 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of turbines; hydraulic water wheels and regulators therefor soared to $305K in 2022. Overall, total exports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Turbines; Hydraulic Water Wheels and Regulators Therefor from Nepal in 2022:

1. Bhutan (2.0 units)
2. Nigeria (1.0 units)
3. India (1.0 units)

Source: IndexBox Market Intelligence Platform