Price for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Nepal - 2022

Contents:

  1. Price for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Nepal (CIF) - 2022
  2. Imports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Nepal

Price for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Nepal (CIF) - 2022

In 2022, the average import price for road-sweepers, mobile workshops and other special purpose vehicles amounted to $86,415 per unit, waning by -25.1% against the previous year. Over the period under review, the import price, however, continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 133%. As a result, import price reached the peak level of $125,485 per unit. From 2014 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 Japan ($170,648 per unit), while the price for Thailand ($11,126 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Nepal

In 2022, supplies from abroad of road-sweepers, mobile workshops and other special purpose vehicles was finally on the rise to reach 59 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a deep slump. Over the period under review, imports of attained the peak figure at 101 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of road-sweepers, mobile workshops and other special purpose vehicles rose notably to $5.1M in 2022. Overall, imports, however, continue to indicate a abrupt decline. Over the period under review, imports of hit record highs at $6.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2,3783,3522,8332,338-0.6%
China8141,3971,4941,41920.4%
United StatesN/AN/A1571,023551.6%
Japan205211165171-5.9%
Italy1,32937627.8104-57.2%
Thailand21281.152.044.5-40.6%
Pakistan220N/AN/AN/A0%
Others1,133156N/AN/A-86.2%
Total6,2925,5744,7295,098-6.8%

Top Suppliers of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles to Nepal in 2022:

  1. India (25.0 units)
  2. China (17.0 units)
  3. United States (11.0 units)
  4. Thailand (4.0 units)
  5. Italy (1.0 units)
  6. Japan (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Vehicles; break-down lorries, road-sweepers, spraying lorries, mobile workshops, mobile radiological units, and other special purpose vehicles n.e.s. in heading no. 8705 - Nepal