Radio Navigation Apparatus Price in Nepal - 2022
Contents:
Radio Navigation Apparatus Price in Nepal (CIF) - 2022
In 2022, the average radio navigation apparatus import price amounted to $54 per unit, growing by 33% against the previous year. In general, the import price, however, recorded a sharp downturn. The pace of growth appeared the most rapid in 2017 an increase of 123% against the previous year. Over the period under review, average import prices reached the maximum at $1,055 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($124 per unit), while the price for China ($24 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+43.0%), while the prices for the other major suppliers experienced a decline.
Radio Navigation Apparatus Imports in Nepal
Radio navigation apparatus imports into Nepal reduced markedly to 5.8K units in 2022, which is down by -73.3% compared with the previous year. Over the period under review, imports showed a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of 22K units, and then reduced sharply in the following year.
In value terms, radio navigation apparatus imports declined sharply to $311K in 2022. Overall, imports saw a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 1.3% against the previous year. Over the period under review, imports reached the maximum at $3.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Radio Navigation Apparatus in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 146 | 64.8 | 334 | 121 | -6.1% |
| India | 20.0 | 41.5 | 27.7 | 26.8 | 10.2% |
| Lithuania | 0.5 | N/A | 8.1 | 7.7 | 148.8% |
| Russia | N/A | N/A | 3.6 | 2.7 | -25.0% |
| Japan | 2,177 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 141 | 123 | 182 | N/A | 13.6% |
| Others | 989 | 633 | 318 | 153 | -46.3% |
| Total | 3,475 | 862 | 873 | 311 | -55.3% |
Top Suppliers of Radio Navigation Apparatus to Nepal in 2022:
- China (5.0K units)
- Lithuania (0.2K units)
- India (0.2K units)
- Russia (0.1K units)
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