Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Nepal - 2022
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Nepal (CIF) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Nepal
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Nepal (CIF) - 2022
In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $12,535 per unit, rising by 30% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 an increase of 59%. As a result, import price reached the peak level of $33,110 per unit. From 2019 to 2022, the average 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 Thailand ($43,442 per unit), while the price for India ($10,004 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+20.2%), while the prices for the other major suppliers experienced a decline.
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Nepal
In 2022, after three years of growth, there was significant decline in purchases abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs, when their volume decreased by -33.5% to 248 units. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 319% against the previous year. As a result, imports reached the peak of 373 units, and then contracted remarkably in the following year.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs shrank to $3.1M in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 158% against the previous year. Over the period under review, imports of attained the peak figure at $3.6M in 2021, and then fell in the following year.
Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 210 | 1,002 | 3,091 | 2,261 | 120.8% |
Singapore | N/A | N/A | N/A | 466 | 0% |
Japan | 81.7 | 119 | 79.8 | 127 | 15.8% |
Thailand | 187 | 104 | 108 | 43.4 | -38.5% |
Others | 70.6 | 194 | 312 | 211 | 44.0% |
Total | 550 | 1,419 | 3,591 | 3,109 | 78.1% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Nepal in 2022:
- India (226.0 units)
- Singapore (11.0 units)
- Japan (7.0 units)
- Thailand (1.0 units)
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Explore the top import markets for passenger cars, their key statistics, and the significant players in these markets. Find out the import values of countries like the United States, Germany, China, and more. Gain insights into the global automotive industry with IndexBox market intelligence.