Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Nepal - 2022
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Nepal (CIF) - 2022
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Nepal
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Nepal (CIF) - 2022
The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $15,805 per unit in 2022, picking up by 82% against the previous year. In general, the import price recorded buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($16,109 per unit), while the price for China stood at $3,219 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+21.9%).
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Nepal
Imports of casting machines; of a kind used in metallurgy or in metal foundrieses into Nepal skyrocketed to 127 units in 2022, increasing by 21% compared with the previous year's figure. Overall, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Imports peaked at 211 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses surged to $2M in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 945 | 489 | 849 | 1,998 | 28.3% |
| China | 55.7 | 45.1 | 45.9 | 9.7 | -44.2% |
| Others | 7.9 | 14.6 | 14.8 | N/A | 36.9% |
| Total | 1,009 | 548 | 910 | 2,007 | 25.8% |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Nepal in 2022:
- India (124.0 units)
- China (3.0 units)
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