Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Nepal - 2022
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Nepal (CIF) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Nepal (FOB) - 2022
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Nepal
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Nepal
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Nepal (CIF) - 2022
In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $1.1 million per unit, rising by 3,644% against the previous year. Overall, the import price showed significant growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 4,038%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Singapore ($2 million per unit), while the price for Hong Kong SAR ($1.5 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+110.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Nepal (FOB) - 2022
In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $152 thousand per unit, increasing by 536% against the previous year. Overall, the export price enjoyed a prominent expansion. Over the period under review, the average export prices hit record highs at $311 thousand per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($679 thousand per unit), while the average price for exports to Hong Kong SAR ($128 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 France (+702.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Nepal
In 2022, the amount of turbo-jets, turbo-propellers and other gas turbineses imported into Nepal soared to 20 units, picking up by 150% on the previous year. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses surged to $23M in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 58.8 | 90.6 | 205 | 11,928 | 487.6% |
Canada | 22.9 | N/A | 29.3 | 8,616 | 621.9% |
Slovenia | N/A | N/A | N/A | 1,100 | 0% |
Czech Republic | 3.4 | N/A | N/A | 540 | 441.5% |
United Kingdom | 0.3 | 10.5 | 2.2 | 320 | 921.7% |
United States | 0.6 | N/A | N/A | 72.3 | 393.9% |
Denmark | 2.2 | 0.4 | 3.3 | 21.1 | 112.5% |
India | 0.1 | 0.1 | 0.1 | 18.0 | 464.6% |
Australia | N/A | N/A | N/A | 11.8 | 0% |
France | 0.5 | 9.0 | N/A | 9.3 | 165.0% |
Hong Kong SAR | N/A | 0.1 | N/A | 1.5 | 287.3% |
Germany | 1.8 | 55.6 | N/A | N/A | 2988.9% |
China | N/A | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 2.3 | N/A | 0% |
Total | 90.6 | 166 | 242 | 22,638 | 529.8% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Nepal in 2022:
- Singapore (6.0 units)
- Canada (5.0 units)
- United States (1.0 units)
- Australia (1.0 units)
- Czech Republic (1.0 units)
- Denmark (1.0 units)
- India (1.0 units)
- France (1.0 units)
- United Kingdom (1.0 units)
- Slovenia (1.0 units)
- Hong Kong SAR (1.0 units)
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Nepal
Exports of turbo-jets, turbo-propellers and other gas turbineses from Nepal soared to 7 units in 2022, with an increase of 40% on the previous year. The total export volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern 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.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses surged to $1.1M in 2022. Overall, exports continue to indicate a resilient increase. The exports peaked at $1.9M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 492 | 850 | 33.7 | 679 | 11.3% |
Denmark | 19.7 | 399 | 29.7 | 154 | 98.5% |
Czech Republic | 193 | 98.4 | N/A | 132 | -11.9% |
United States | 6.6 | 3.5 | 43.1 | 50.0 | 96.4% |
Australia | 13.7 | 414 | 12.0 | 48.0 | 51.9% |
United Kingdom | 114 | 104 | 1.3 | 1.9 | -74.5% |
Hong Kong SAR | N/A | N/A | N/A | 0.1 | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 839 | 1,869 | 120 | 1,065 | 8.3% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Nepal in 2022:
- United States (1.0 units)
- Australia (1.0 units)
- Czech Republic (1.0 units)
- Singapore (1.0 units)
- Denmark (1.0 units)
- United Kingdom (1.0 units)
- Hong Kong SAR (1.0 units)
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This report provides an in-depth analysis of the market for turbo-jet (over 25 kn) in Nepal.
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