Nepal: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA in Nepal

The Nepalese market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA dropped dramatically to $X in 2022, shrinking by -23.5% 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, saw strong growth. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Exports from Nepal

Exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Nepal stood at X units in 2022, therefore, remained relatively stable against 2021. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 700%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA declined markedly to $X in 2022. Overall, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2017 when exports increased by 701% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

India (X units) was the main destination for exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Nepal, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to India was relatively modest.

In value terms, India ($X) also remains the key foreign market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exports from Nepal.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled -8.0%.

Export Prices by Country

In 2022, the average export price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X per unit, waning by -31.9% against the previous year. Overall, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2016 when the average export price increased by 499% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -8.0% per year.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Imports into Nepal

In 2022, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA into Nepal reduced notably to X units, which is down by -24.9% on the previous year's figure. In general, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 253% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA plummeted to $X in 2022. Overall, imports, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2016 when imports increased by 107% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X units) constituted the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA supplier to Nepal, with a 81% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from India exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume from India stood at +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+41.9% per year) and Germany (+8.8% per year).

In value terms, India ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Nepal, comprising 66% of total imports. The second position in the ranking was held by Japan ($X), with a 7.3% share of total imports. It was followed by China, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+31.8% per year) and China (+5.8% per year).

Import Prices by Country

The average import price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA stood at $X per unit in 2022, picking up by 3.3% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2019 an increase of 35% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform