Single Loudspeaker Price in Nepal - 2022
Contents:
- Single Loudspeaker Price in Nepal (CIF) - 2022
- Single Loudspeaker Price in Nepal (FOB) - 2022
- Single Loudspeaker Imports in Nepal
- Single Loudspeaker Exports in Nepal
Single Loudspeaker Price in Nepal (CIF) - 2022
In 2022, the average single loudspeaker import price amounted to $9.2 per unit, rising by 51% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 54%. Over the period under review, average import prices reached the peak figure at $24 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($8.6 per unit), while the price for India amounted to $5.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.3%).
Single Loudspeaker Price in Nepal (FOB) - 2022
The average single loudspeaker export price stood at $99 per unit in 2022, jumping by 90% against the previous year. Overall, the export price, however, showed a noticeable curtailment. The export price peaked at $122 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($92 per unit), while the average price for exports to Sweden stood at $7 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+7.7%).
Single Loudspeaker Imports in Nepal
In 2022, purchases abroad of single loudspeakers (in enclosure) decreased by -34% to 123K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 74%. As a result, imports reached the peak of 187K units, and then reduced rapidly in the following year.
In value terms, single loudspeaker imports fell modestly to $1.1M in 2022. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 82% against the previous year. As a result, imports attained the peak of $1.1M, leveling off in the following year.
| Import of Single Loudspeaker in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 290 | 499 | 860 | 833 | 42.2% |
| India | 121 | 57.9 | 147 | 121 | 0.0% |
| Others | 122 | 69.0 | 131 | 184 | 14.7% |
| Total | 532 | 625 | 1,139 | 1,138 | 28.8% |
Top Suppliers of Single Loudspeaker to Nepal in 2022:
- China (96.9K units)
- India (23.7K units)
Single Loudspeaker Exports in Nepal
In 2022, approx. 1 units of single loudspeakers (in enclosure) were exported from Nepal; approximately mirroring 2021. Overall, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, single loudspeaker exports soared to $99 in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Single Loudspeaker in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 28.0 | 38.0 | 52.0 | 92.0 | 48.7% |
| Sweden | N/A | N/A | N/A | 7.0 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.0 | 38.0 | 52.0 | 99.0 | 52.3% |
Top Export Markets for Single Loudspeaker from Nepal in 2022:
- Sweden (1.0 units)
- India (1.0 units)
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