Weaving Machines (Looms) Price in Nepal - 2022
Contents:
- Weaving Machines (Looms) Price in Nepal (CIF) - 2022
- Weaving Machines (Looms) Price in Nepal (FOB) - 2022
- Weaving Machines (Looms) Imports in Nepal
- Weaving Machines (Looms) Exports in Nepal
Weaving Machines (Looms) Price in Nepal (CIF) - 2022
In 2022, the average weaving machines (looms) import price amounted to $13,548 per unit, dropping by -26% against the previous year. Overall, the import price, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2016 when the average import price increased by 87%. The import price peaked at $18,311 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 Belgium ($82,257 per unit), while the price for Germany ($884 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Price in Nepal (FOB) - 2022
In 2021, the average weaving machines (looms) export price amounted to $9 per unit, approximately mirroring the previous year. In general, the export price recorded a sharp decrease. The most prominent rate of growth was recorded in 2013 an increase of 3.5% against the previous year. As a result, the export price attained the peak level of $6,935 per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2012 to 2021, the rate of growth in terms of prices for India amounted to -28.8% per year.
Weaving Machines (Looms) Imports in Nepal
In 2022, approx. 236 units of weaving machines (looms)s were imported into Nepal; picking up by 51% on 2021 figures. Over the period under review, imports showed a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 152%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, weaving machines (looms) imports rose remarkably to $3.2M in 2022. In general, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 262%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Weaving Machines (Looms) in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 80.8 | 70.3 | 307 | 1,046 | 134.8% |
| Belgium | 1,329 | 455 | 854 | 905 | -12.0% |
| India | 230 | 169 | 852 | 734 | 47.2% |
| Japan | 77.7 | 40.1 | 145 | 178 | 31.8% |
| Germany | N/A | N/A | N/A | 15.0 | 0% |
| Turkey | 551 | N/A | N/A | N/A | 0% |
| Others | 92.5 | 53.9 | 699 | 319 | 51.1% |
| Total | 2,361 | 789 | 2,857 | 3,197 | 10.6% |
Top Suppliers of Weaving Machines (Looms) to Nepal in 2022:
- India (175.0 units)
- China (19.0 units)
- Germany (17.0 units)
- Belgium (11.0 units)
- Japan (7.0 units)
Weaving Machines (Looms) Exports in Nepal
In 2021, the amount of weaving machines (looms)s exported from Nepal stood at 1 units, therefore, remained relatively stable against the previous year. In general, exports showed a sharp decline. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs at 2 units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
In value terms, weaving machines (looms) exports amounted to $9 in 2021. Over the period under review, exports faced a dramatic curtailment. The smallest decline of 99.9% was in 2020. The exports peaked at $425 in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
| Export of Weaving Machines (Looms) in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Thailand | N/A | N/A | 9.0 | 0% | |
| Singapore | 408 | N/A | N/A | 0% | |
| Canada | 17.0 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 425 | N/A | 9.0 | -85.4% | |
Top Export Markets for Weaving Machines (Looms) from Nepal in 2022:
- Thailand (1.0 units)
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