Way-Type Unit Head Price in Nepal - 2022
Contents:
Way-Type Unit Head Price in Nepal (CIF) - 2022
The average way-type unit head import price stood at $220 per unit in 2022, declining by -4.9% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached the maximum at $473 per unit in 2013; however, from 2014 to 2022, 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 India ($256 per unit), while the price for Qatar ($9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+8.4%), while the prices for the other major suppliers experienced a decline.
Way-Type Unit Head Imports in Nepal
Way-type unit head imports into Nepal skyrocketed to 920 units in 2022, growing by 16% compared with the year before. Overall, imports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 166%. Over the period under review, imports reached the maximum at 1.8K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, way-type unit head imports expanded rapidly to $202K in 2022. In general, imports, however, showed a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 120%. Over the period under review, imports attained the peak figure at $502K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Way-Type Unit Head in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 199 | 27.6 | 151 | 105 | -19.2% |
| China | 303 | 55.5 | 31.2 | 96.6 | -31.7% |
| Qatar | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Others | N/A | N/A | 0.4 | 0.1 | -75.0% |
| Total | 502 | 83.2 | 183 | 202 | -26.2% |
Top Suppliers of Way-Type Unit Head to Nepal in 2022:
- China (468.0 units)
- India (409.0 units)
- Qatar (37.0 units)
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