Report Update Apr 1, 2024

Nepal - Domestic Electro-Thermic Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Nepal: Domestic Electro-Thermic Appliances Market 2024

Domestic Electro-Thermic Appliances Market Size in Nepal

In 2022, the Nepalese domestic electro-thermic appliances market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. In general, consumption, however, saw a resilient expansion. As a result, consumption attained the peak level of $X, and then dropped slightly in the following year.

Domestic Electro-Thermic Appliances Exports

Exports from Nepal

In 2022, overseas shipments of domestic electro-thermic appliances decreased by X% to X units, falling for the second consecutive year after five years of growth. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, domestic electro-thermic appliances exports declined rapidly to $X in 2022. Overall, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then contracted significantly in the following year.

Exports by Country

Bhutan (X units) was the main destination for domestic electro-thermic appliances exports from Nepal, with a X% share of total exports. It was followed by Switzerland (X units), with a X% share of total exports. The third position in this ranking was held by Canada (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bhutan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Canada (X% per year).

In value terms, Bhutan ($X) remains the key foreign market for domestic electro-thermic appliances exports from Nepal, comprising X% of total exports. The second position in the ranking was taken by Switzerland ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bhutan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the average domestic electro-thermic appliances export price amounted to $X per unit, dropping by X% against the previous year. Overall, the export price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Canada ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced a decline.

Domestic Electro-Thermic Appliances Imports

Imports into Nepal

After five years of growth, overseas purchases of domestic electro-thermic appliances decreased by X% to X units in 2022. Over the period under review, imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at X units in 2021, and then reduced markedly in the following year.

In value terms, domestic electro-thermic appliances imports totaled $X in 2022. Overall, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of domestic electro-thermic appliances to Nepal, accounting for a X% share of total imports. Moreover, domestic electro-thermic appliances imports from China exceeded the figures recorded by the second-largest supplier, India (X units), sixfold.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of domestic electro-thermic appliances to Nepal, comprising X% of total imports. The second position in the ranking was taken by India ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%.

Import Prices by Country

In 2022, the average domestic electro-thermic appliances import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for domestic electro-thermic appliances in the world?

The countries with the highest volumes of consumption in 2022 were China, the United States and Russia, together accounting for 46% of global consumption. India, Japan, South Korea, Germany, the UK, Thailand, France, Brazil, Italy and Turkey lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of domestic electro-thermic appliances in the world?

The country with the largest volume of domestic electro-thermic appliances production was China, comprising approx. 69% of total volume. Moreover, domestic electro-thermic appliances production in China exceeded the figures recorded by the second-largest producer, the United States, more than tenfold. India ranked third in terms of total production with a 2.7% share.

What are the leading suppliers of domestic electro-thermic appliances to Nepal?

In value terms, China constituted the largest supplier of domestic electro-thermic appliances to Nepal, comprising 71% of total imports. The second position in the ranking was taken by India, with an 18% share of total imports.

What are the leading importers of domestic electro-thermic appliances from Nepal?

In value terms, Bhutan remains the key foreign market for domestic electro-thermic appliances exports from Nepal, comprising 88% of total exports. The second position in the ranking was held by Switzerland $746), with a 5.4% share of total exports. It was followed by Thailand, with a 2.7% share.

What is the average export price for domestic electro-thermic appliances in Nepal?

In 2022, the average domestic electro-thermic appliances export price amounted to $18 per unit, with a decrease of -6.8% against the previous year.

What is the average import price for domestic electro-thermic appliances in Nepal?

In 2022, the average domestic electro-thermic appliances import price amounted to $20 per unit, with an increase of 28% against the previous year.

This report provides an in-depth analysis of the domestic electro-thermic appliances market in Nepal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27512490 - Electro-thermic appliances, for domestic use (excluding hairdressing appliances and hand dryers, space-heating and soil-heating apparatus, water heaters, immersion heaters, s moothing irons, microwave ovens, ovens, cookers, cooking plates, boiling rings, grillers, roasters, coffee makers, tea makers and toasters)

Country coverage:

Nepal

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Nepal
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023