Illuminated Sign Price in Nepal - 2022
Contents:
- Illuminated Sign Price in Nepal (CIF) - 2022
- Illuminated Sign Price in Nepal (FOB) - 2022
- Illuminated Sign Imports in Nepal
- Illuminated Sign Exports in Nepal
Illuminated Sign Price in Nepal (CIF) - 2022
The average illuminated sign import price stood at $26,433 per ton in 2022, picking up by 24% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($22,340 per ton) and Sweden ($22,340 per ton), while the price for Malaysia ($20,442 per ton) and the UK ($21,875 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Illuminated Sign Price in Nepal (FOB) - 2022
In 2021, the average illuminated sign export price amounted to $29,000 per ton, jumping by 27% against the previous year. In general, the export price continues to indicate temperate growth. The pace of growth appeared the most rapid in 2019 an increase of 160%. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was France ($24,926 per ton), while the average price for exports to China amounted to $11,585 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+3.2%).
Illuminated Sign Imports in Nepal
In 2022, the amount of illuminated signs and illuminated name-plates imported into Nepal skyrocketed to 46 tons, jumping by 94% on the previous year's figure. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, illuminated sign imports surged to $1.2M in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Illuminated Sign in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 176 | 206 | 330 | 282 | 17.0% |
| India | 158 | 29.9 | 86.1 | 73.6 | -22.5% |
| Sweden | 25.7 | 79.2 | 78.1 | 66.8 | 37.5% |
| Malaysia | 4.9 | 10.2 | 9.3 | 7.9 | 17.3% |
| Poland | 11.1 | 9.0 | 4.7 | 4.3 | -27.1% |
| Others | 39.6 | 15.8 | 2.9 | 790 | 171.2% |
| Total | 415 | 350 | 512 | 1,225 | 43.4% |
Top Suppliers of Illuminated Sign to Nepal in 2022:
- China (12.6 tons)
- India (3.3 tons)
- Sweden (3.0 tons)
- Malaysia (0.4 tons)
- Poland (0.2 tons)
Illuminated Sign Exports in Nepal
In 2022, approx. 5 kg of illuminated signs and illuminated name-plates were exported from Nepal; remaining stable against 2021. Overall, exports faced a sharp setback. The smallest decline of -16.7% was in 2021.
In value terms, illuminated sign exports rose remarkably to $154 in 2022. In general, exports saw a significant contraction.
| Export of Illuminated Sign in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| France | N/A | N/A | 125 | 0% | |
| China | N/A | N/A | 20.0 | 0% | |
| South Korea | 251 | N/A | N/A | 0% | |
| Philippines | 56.0 | N/A | N/A | 0% | |
| Canada | N/A | 137 | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 307 | 137 | 145 | -31.3% | |
Top Export Markets for Illuminated Sign from Nepal in 2022:
- France (5.0 kg)
- China (2.0 kg)
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