Report Update Apr 1, 2024

Nepal - Household Refrigerators and Freezers (Not Combined) - Market Analysis, Forecast, Size, Trends and Insights

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Nepal: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Nepal

The Nepalese non-combined refrigerator-freezer market skyrocketed to $X in 2022, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed resilient growth. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in the immediate term.

Non-Combined Refrigerator-Freezer Exports

Exports from Nepal

In 2022, after seven years of growth, there was significant decline in overseas shipments of household refrigerators and freezers (not combined), when their volume decreased by X% to X units. Overall, exports saw a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then dropped significantly in the following year.

In value terms, non-combined refrigerator-freezer exports fell sharply to $X in 2022. In general, exports showed a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then reduced rapidly in the following year.

Exports by Country

India (X units) and Lebanon (X units) were the main destinations of non-combined refrigerator-freezer exports from Nepal.

From 2012 to 2022, the biggest increases were recorded for Lebanon (with a CAGR of X%).

In value terms, India ($X) remains the key foreign market for household refrigerators and freezers (not combined) exports from Nepal, comprising X% of total exports. The second position in the ranking was taken by Lebanon ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to India stood at X%.

Export Prices by Country

The average non-combined refrigerator-freezer export price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price, however, recorded a deep slump. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 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 India ($X per unit), while the average price for exports to Lebanon stood at $X per unit.

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

Non-Combined Refrigerator-Freezer Imports

Imports into Nepal

In 2022, non-combined refrigerator-freezer imports into Nepal totaled X units, increasing by X% against 2021 figures. Over the period under review, imports posted resilient growth. The growth pace was the most rapid in 2016 with an increase of X%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, non-combined refrigerator-freezer imports surged to $X in 2022. Overall, imports enjoyed strong growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, India (X units) constituted the largest non-combined refrigerator-freezer supplier to Nepal, accounting for a X% share of total imports. Moreover, non-combined refrigerator-freezer imports from India exceeded the figures recorded by the second-largest supplier, China (X units), fivefold.

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

In value terms, India ($X) constituted the largest supplier of household refrigerators and freezers (not combined) to Nepal, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports.

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

Import Prices by Country

The average non-combined refrigerator-freezer import price stood at $X per unit in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. 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 country with the highest price was China ($X per unit), while the price for India 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 household refrigerators and freezers (not combined) in the world?

The country with the largest volume of non-combined refrigerator-freezer consumption was China, accounting for 38% of total volume. Moreover, non-combined refrigerator-freezer consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold. The third position in this ranking was taken by the United States, with a 7.9% share.

What are the largest producers of household refrigerators and freezers (not combined) in the world?

China constituted the country with the largest volume of non-combined refrigerator-freezer production, comprising approx. 53% of total volume. Moreover, non-combined refrigerator-freezer production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The third position in this ranking was held by the United States, with a 3.9% share.

What are the leading suppliers of household refrigerators and freezers (not combined) to Nepal?

In value terms, India constituted the largest supplier of household refrigerators and freezers not combined) to Nepal, comprising 81% of total imports. The second position in the ranking was taken by China, with an 18% share of total imports.

What are the leading importers of household refrigerators and freezers (not combined) from Nepal?

In value terms, India $21) remains the key foreign market for household refrigerators and freezers not combined) exports from Nepal, comprising 95% of total exports. The second position in the ranking was taken by Lebanon $1), with a 4.5% share of total exports.

What is the average export price for household refrigerators and freezers (not combined) in Nepal?

In 2022, the average non-combined refrigerator-freezer export price amounted to $11 per unit, surging by 290% against the previous year.

What is the average import price for household refrigerators and freezers (not combined) in Nepal?

In 2022, the average non-combined refrigerator-freezer import price amounted to $142 per unit, with an increase of 21% against the previous year.

This report provides an in-depth analysis of the non-combined refrigerator-freezer 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 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
Prodcom 27511135 - Compression-type built-in refrigerators
Prodcom 27511150 - Chest freezers of a capacity . .800 litres
Prodcom 27511170 - Upright freezers of a capacity . .900 litres

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