Price for Turbines; Steam and Other Vapour Turbines in Nepal - 2022

Contents:

  1. Price for Turbines; Steam and Other Vapour Turbines in Nepal (CIF) - 2022
  2. Price for Turbines; Steam and Other Vapour Turbines in Nepal (FOB) - 2022
  3. Imports of Turbines; Steam and Other Vapour Turbines in Nepal
  4. Exports of Turbines; Steam and Other Vapour Turbines in Nepal

Price for Turbines; Steam and Other Vapour Turbines in Nepal (CIF) - 2022

The average import price for turbines; steam and other vapour turbineses stood at $96 thousand per unit in 2022, dropping by -60.9% against the previous year. Overall, the import price, however, showed a slight expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 864% against the previous year. The import price peaked at $246 thousand per unit in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($576 thousand per unit), while the price for Singapore ($8.4 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+454.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Turbines; Steam and Other Vapour Turbines in Nepal (FOB) - 2022

The average export price for turbines; steam and other vapour turbineses stood at $21 thousand per unit in 2022, shrinking by -69.9% against the previous year. In general, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 365%. Over the period under review, the average export prices hit record highs at $93 thousand per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 India amounted to +5.1% per year.

Imports of Turbines; Steam and Other Vapour Turbines in Nepal

In 2022, the amount of turbines; steam and other vapour turbineses imported into Nepal soared to 9 units, growing by 125% compared with the year before. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 360%. As a result, imports attained the peak of 23 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of turbines; steam and other vapour turbineses shrank to $865K in 2022. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 593%. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Turbines; Steam and Other Vapour Turbines in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10360194457677.5%
China48.846310.719558.7%
Germany6.034.528.981.8138.9%
Singapore1.85.11.18.467.1%
OthersN/AN/AN/A3.70%
Total1591,10398486575.9%

Top Suppliers of Turbines; Steam and Other Vapour Turbines to Nepal in 2022:

  1. China (6.0 units)
  2. Germany (1.0 units)
  3. India (1.0 units)
  4. Singapore (1.0 units)

Exports of Turbines; Steam and Other Vapour Turbines in Nepal

In 2022, the amount of turbines; steam and other vapour turbineses exported from Nepal was estimated at 1 units, approximately mirroring 2021 figures. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of turbines; steam and other vapour turbineses dropped significantly to $21K in 2022. Overall, exports saw a sharp contraction. The smallest decline of -10.1% was in 2020. The exports peaked at $93K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Turbines; Steam and Other Vapour Turbines in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India93.283.770.421.2-39.0%
OthersN/AN/AN/AN/A0%
Total93.283.770.421.2-39.0%

Top Export Markets for Turbines; Steam and Other Vapour Turbines from Nepal in 2022:

  1. India (1.0 units)

Source: IndexBox Market Intelligence Platform

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