Report Update Nov 1, 2024

Nepal - Air or Vacuum Pumps and Air or Other Gas Compressors - Market Analysis, Forecast, Size, Trends and Insights

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Nepal: Market for Vacuum Pumps and Air or Gas Compressors 2024

Market Size for Vacuum Pumps and Air or Gas Compressors in Nepal

The Nepalese market for vacuum pumps and air or gas compressors fell sharply to $X in 2022, which is down by -25% 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, however, recorded a prominent expansion. As a result, consumption attained the peak level of $X, and then contracted notably in the following year.

Exports of Vacuum Pumps and Air or Gas Compressors

Exports from Nepal

In 2022, approx. X units of vacuum pumps and air or gas compressors were exported from Nepal; with an increase of 644% on 2021. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 1,674% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of vacuum pumps and air or gas compressors soared to $X in 2022. Overall, exports posted a perceptible increase. The pace of growth was the most pronounced in 2016 with an increase of 9,204% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for exports of vacuum pumps and air or gas compressors from Nepal, accounting for a 100% share of total exports. It was followed by India (X units), with a 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +48.2%.

In value terms, the largest markets for vacuum pump and air or gas compressor exported from Nepal were the United States ($X) and India ($X).

Among the main countries of destination, the United States, with a CAGR of +17.9%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average export price for vacuum pumps and air or gas compressors amounted to $X per unit, reducing by -70.9% against the previous year. In general, the export price saw a dramatic curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 425% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export 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 the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-1.5%).

Imports of Vacuum Pumps and Air or Gas Compressors

Imports into Nepal

Imports of vacuum pumps and air or gas compressors into Nepal fell significantly to X units in 2022, waning by -19.9% against the year before. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 142%. Over the period under review, imports of reached the peak figure at X units in 2021, and then reduced markedly in the following year.

In value terms, imports of vacuum pumps and air or gas compressors shrank remarkably to $X in 2022. Overall, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 159%. As a result, imports attained the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2022, India (X units) constituted the largest supplier of vacuum pump and air or gas compressor to Nepal, with a 85% share of total imports. Moreover, imports of vacuum pumps and air or gas compressors from India exceeded the figures recorded by the second-largest supplier, China (X units), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +33.0%.

In value terms, India ($X) and China ($X) appeared to be the largest vacuum pump and air or gas compressor suppliers to Nepal.

In terms of the main suppliers, China, with a CAGR of +30.4%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average import price for vacuum pumps and air or gas compressors stood at $X per unit in 2022, which is down by -13.5% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 31% 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 somewhat lower figure.

Prices varied noticeably by country of origin: 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 China (+19.5%).

Source: IndexBox Platform

This report provides an in-depth analysis of the market for vacuum pump and air or gas compressor 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 28132170 - Rotary piston vacuum pumps, sliding vane rotary pumps, m olecular drag pumps, Roots pumps, diffusion pumps, c ryopumps and adsorption pumps
Prodcom 28132190 - Liquid ring
Prodcom 28132200 - Hand or foot-operated air pumps
Prodcom 28132300 - Compressors for refrigeration equipment
Prodcom 28132400 - Air compressors mounted on a wheeled chassis for towing
Prodcom 28132530 - Turbo-compressors, single stage
Prodcom 28132550 - Turbo-compressors, multistage
Prodcom 28132630 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow . .60 m./hour
Prodcom 28132650 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow per hour > .60 m.
Prodcom 28132670 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour . .120 m.
Prodcom 28132690 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour > .120 m.
Prodcom 28132730 - Rotary displacement compressors, single-shaft
Prodcom 28132753 - Multi-shaft screw compressors
Prodcom 28132755 - Multi-shaft compressors (excluding screw compressors)
Prodcom 28132800 - Air/gas compressors excluding air/vacuum pumps used in refrigeration, air compressors mounted on wheeled chassis, t urbo compressors, reciprocating and rotary displacement compressors

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