Price for Baby Carriages and Parts Thereof in Nepal - 2022

Contents:

  1. Price for Baby Carriages and Parts Thereof in Nepal (CIF) - 2022
  2. Imports of Baby Carriages and Parts Thereof in Nepal

Price for Baby Carriages and Parts Thereof in Nepal (CIF) - 2022

In 2022, the average import price for baby carriages and parts thereoves amounted to $7.9 per unit, flattening at the previous year. Over the period under review, the import price, however, showed slight growth. The pace of growth was the most pronounced in 2018 an increase of 63% against the previous year. Over the period under review, average import prices hit record highs at $12 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 ($14 per unit), while the price for Taiwan (Chinese) ($5.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Baby Carriages and Parts Thereof in Nepal

In 2022, overseas purchases of baby carriages and parts thereoves decreased by -32.6% to 9.5K units, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 51% against the previous year. As a result, imports reached the peak of 19K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, baby carriages and parts thereof imports declined sharply to $75K in 2022. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2020 when imports increased by 102%. As a result, imports reached the peak of $236K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Baby Carriages and Parts Thereof in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.344.153.652.053.8%
India90.319252.615.4-44.5%
Taiwan (Chinese)8.3N/A5.96.2-9.3%
Others4.3N/A0.31.5-29.6%
Total11723611275.0-13.8%

Top Suppliers of Baby Carriages and Parts Thereof to Nepal in 2022:

  1. China (7.3K units)
  2. India (1.1K units)
  3. Taiwan (Chinese) (1.1K units)

Source: IndexBox Market Intelligence Platform

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