Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Nepal - 2022

Contents:

  1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Nepal (CIF) - 2022
  2. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Nepal

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Nepal (CIF) - 2022

In 2022, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $0.1 per unit, reducing by -29.4% against the previous year. Overall, the import price faced a precipitous curtailment. The pace of growth appeared the most rapid in 2020 a decrease of -4.3%. The import price peaked at $1.4 per unit in 2012; however, from 2013 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 ($3.6 per unit), while the price for India amounted to $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.9%).

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Nepal

Imports of drawing, marking-out or mathematical calculating instrumentses into Nepal skyrocketed to 11M units in 2022, rising by 59% on the year before. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses rose remarkably to $1.1M in 2022. Overall, imports, however, showed a perceptible setback. Imports peaked at $1.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,107771703919-6.0%
China81.622428019734.2%
Others15.211.817.15.3-29.6%
Total1,2041,0071,0001,122-2.3%

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Nepal in 2022:

  1. India (10.8M units)
  2. China (0.1M units)

Source: IndexBox Market Intelligence Platform

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