Report Update Nov 1, 2024

Nepal - Industrial Non-Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Nepal: Market for Industrial Sewing Machines (Non-Automatic) 2024

Market Size for Industrial Sewing Machines (Non-Automatic) in Nepal

The Nepalese industrial sewing machines (non-automatic) market dropped significantly to $X in 2022, declining by -32% 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). Overall, consumption, however, saw significant growth. As a result, consumption reached the peak level of $X, and then fell remarkably in the following year.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports from Nepal

After two years of decline, shipments abroad of industrial sewing machines (non-automatic) decreased by 0% to X units in 2020. In general, exports faced a abrupt curtailment. The smallest decline of 99.9% was in 2018. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

In value terms, industrial sewing machines (non-automatic) exports totaled $X in 2020. Overall, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2013 with an increase of 8.4%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

Exports by Country

Tanzania (X units) was the main destination for industrial sewing machines (non-automatic) exports from Nepal, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Tanzania was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to Tanzania was relatively modest.

Export Prices by Country

In 2020, the average industrial sewing machines (non-automatic) export price amounted to $X per unit, approximately reflecting the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 8.4% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2020, the export prices failed to regain momentum.

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

From 2012 to 2020, the rate of growth in terms of prices for India amounted to 0.0% per year.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports into Nepal

In 2022, imports of industrial sewing machines (non-automatic) into Nepal fell notably to X units, waning by -32.3% on the previous year's figure. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 150%. Imports peaked at X units in 2021, and then reduced notably in the following year.

In value terms, industrial sewing machines (non-automatic) imports contracted notably to $X in 2022. In general, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 173% against the previous year. As a result, imports reached the peak of $X, and then fell significantly in the following year.

Imports by Country

In 2022, India (X units) constituted the largest supplier of industrial sewing machines (non-automatic) to Nepal, accounting for a 74% share of total imports. Moreover, industrial sewing machines (non-automatic) imports from India exceeded the figures recorded by the second-largest supplier, China (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at +44.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.8% per year) and Taiwan (Chinese) (+29.6% per year).

In value terms, China ($X), India ($X) and Taiwan (Chinese) ($X) were the largest industrial sewing machines (non-automatic) suppliers to Nepal, with a combined 98% share of total imports.

Among the main suppliers, India, with a CAGR of +42.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average industrial sewing machines (non-automatic) import price amounted to $X per unit, remaining stable against the previous year. Over the period under review, the import price, however, showed a mild downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by 36%. As a result, import price reached the peak level of $X per unit. From 2014 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 ($X per unit), while the price for India ($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 (+9.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) 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 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic machines)

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