Price for Clock Movements; Complete and Assembled in Nepal - 2022
Contents:
- Price for Clock Movements; Complete and Assembled in Nepal (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Nepal (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Nepal
- Exports of Clock Movements; Complete and Assembled in Nepal
Price for Clock Movements; Complete and Assembled in Nepal (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $21 per unit in 2022, with an increase of 18% against the previous year. Overall, the import price, however, saw a mild decline. The most prominent rate of growth was recorded in 2020 an increase of 92%. As a result, import price attained the peak level of $30 per unit. From 2021 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 India ($58 per unit), while the price for China totaled $15 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.8%).
Price for Clock Movements; Complete and Assembled in Nepal (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembleds amounted to $30 per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, continues to indicate a deep downturn. Over the period under review, the average export prices attained the maximum at $99 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2016 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.
Imports of Clock Movements; Complete and Assembled in Nepal
In 2022, approx. 330 units of clock movements; complete and assembleds were imported into Nepal; which is down by -51.2% on the previous year. Over the period under review, imports showed a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 57% against the previous year. Over the period under review, imports reached the maximum at 2.9K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, clock movements; complete and assembled imports fell significantly to $6.9K in 2022. In general, imports faced a sharp decrease. The smallest decline of -7.5% was in 2021. Over the period under review, imports reached the maximum at $45K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Clock Movements; Complete and Assembled in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 43.7 | 11.9 | 9.2 | 4.4 | -53.5% |
| India | 0.5 | 0.7 | 2.7 | 2.4 | 68.7% |
| Others | 0.5 | 0.3 | 0.1 | N/A | -55.3% |
| Total | 44.6 | 12.9 | 11.9 | 6.9 | -46.3% |
Top Suppliers of Clock Movements; Complete and Assembled to Nepal in 2022:
- China (287.0 units)
- India (42.0 units)
Exports of Clock Movements; Complete and Assembled in Nepal
In 2022, overseas shipments of clock movements; complete and assembleds decreased by -38.5% to 8 units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 333% against the previous year. As a result, the exports attained the peak of 13 units, and then fell remarkably in the following year.
In value terms, clock movements; complete and assembled exports reduced notably to $238 in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 312% against the previous year. As a result, the exports reached the peak of $383, and then reduced notably in the following year.
| Export of Clock Movements; Complete and Assembled in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | N/A | N/A | 238 | 0% | |
| Singapore | 93.0 | N/A | N/A | 0% | |
| Thailand | N/A | 383 | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 93.0 | 383 | 238 | 60.0% | |
Top Export Markets for Clock Movements; Complete and Assembled from Nepal in 2022:
- Netherlands (8.0 units)
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