Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Nepal - 2022
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Nepal (CIF) - 2022
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Nepal
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Nepal (CIF) - 2022
The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $32,441 per ton in 2022, with an increase of 67% against the previous year. Overall, the import price saw measured growth. Over the period under review, average import prices hit record highs at $63,513 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
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 Germany ($31,271 per ton), while the price for China ($15,545 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Nepal
Imports of machine-tools; parts and accessories, for the machines of heading no. 8464 into Nepal stood at 1.1 tons in 2022, increasing by 1.7% on 2021. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 618% against the previous year. Over the period under review, imports of machine-tools; parts and accessories, for machines of heading no. 8464 reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 surged to $35K in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 390% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.1 | 0.2 | 5.7 | 24.8 | 528.3% |
| Japan | N/A | N/A | 2.6 | 5.2 | 100.0% |
| Germany | N/A | N/A | 0.6 | 1.5 | 150.0% |
| China | 2.5 | 12.3 | 10.1 | 0.5 | -41.5% |
| Others | N/A | N/A | 1.4 | 2.8 | 100.0% |
| Total | 2.6 | 12.6 | 20.5 | 34.8 | 137.4% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Nepal in 2022:
- India (807.0 kg)
- Japan (167.0 kg)
- Germany (48.0 kg)
- China (33.0 kg)
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