Report Update Feb 1, 2025

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

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Nepal: Non-Combined Refrigerator-Freezer Market 2025

Non-Combined Refrigerator-Freezer Market Size in Nepal

The Nepalese non-combined refrigerator-freezer market reduced to $X in 2022, dropping by -6.7% against the previous year. Overall, consumption saw a perceptible decline. Non-combined refrigerator-freezer consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Non-Combined Refrigerator-Freezer Production in Nepal

In value terms, non-combined refrigerator-freezer production rose to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of 20% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Non-Combined Refrigerator-Freezer Exports

Exports from Nepal

In 2022, shipments abroad of household refrigerators and freezers (not combined) increased by 31% to X units for the first time since 2016, thus ending a five-year declining trend. In general, exports, however, saw a dramatic shrinkage. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-combined refrigerator-freezer exports dropped dramatically to $X in 2022. Overall, exports, however, saw a sharp slump. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

India (X units) was the main destination for non-combined refrigerator-freezer exports from Nepal, with a 82% share of total exports. Moreover, non-combined refrigerator-freezer exports to India exceeded the volume sent to the second major destination, Israel (X units), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to India totaled -41.0%.

In value terms, India ($X) remains the key foreign market for household refrigerators and freezers (not combined) exports from Nepal, comprising 79% of total exports. The second position in the ranking was taken by Israel ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled -45.3%.

Export Prices by Country

The average non-combined refrigerator-freezer export price stood at $X per unit in 2022, dropping by -40.4% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of 84% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per unit), while the average price for exports to India 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 (-7.2%).

Non-Combined Refrigerator-Freezer Imports

Imports into Nepal

Non-combined refrigerator-freezer imports into Nepal declined significantly to X units in 2022, which is down by -20.4% compared with 2021. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 83% against the previous year. Imports peaked at X units in 2021, and then shrank notably in the following year.

In value terms, non-combined refrigerator-freezer imports contracted notably to $X in 2022. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by 109%. Imports peaked at $X in 2021, and then fell rapidly in the following year.

Imports by Country

In 2022, India (X units) constituted the largest supplier of non-combined refrigerator-freezer to Nepal, with a 84% share of total imports. Moreover, non-combined refrigerator-freezer imports 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 +7.6%.

In value terms, India ($X) constituted the largest supplier of household refrigerators and freezers (not combined) to Nepal, comprising 82% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +8.5%.

Import Prices by Country

In 2022, the average non-combined refrigerator-freezer import price amounted to $X per unit, remaining constant against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 14% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

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 stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.8%).

Source: IndexBox Platform

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024