Report Update Nov 1, 2024

Nepal - Overhead Travelling Cranes on Fixed Support - Market Analysis, Forecast, Size, Trends and Insights

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Nepal: Overhead Travelling Crane Market 2024

Overhead Travelling Crane Market Size in Nepal

The Nepalese overhead travelling crane market fell to $X in 2022, remaining constant against the previous year. In general, consumption continues to indicate a perceptible shrinkage. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Overhead Travelling Crane Production in Nepal

In value terms, overhead travelling crane production expanded modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by 37%. Overhead travelling crane production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Overhead Travelling Crane Exports

Exports from Nepal

In 2022, exports of overhead travelling cranes on fixed support from Nepal was estimated at X units, almost unchanged from 2021. Overall, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2018. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, overhead travelling crane exports fell to $X in 2022. In general, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 219%. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped slightly in the following year.

Exports by Country

India (X units) was the main destination for overhead travelling crane exports 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 overhead travelling cranes on fixed support exports from Nepal.

From 2012 to 2022, the average annual growth rate of value to India totaled +7.0%.

Export Prices by Country

The average overhead travelling crane export price stood at $X per unit in 2022, remaining constant against the previous year. Over the period under review, the export price, however, showed a resilient increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 69%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then shrank in the following year.

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 +7.0% per year.

Overhead Travelling Crane Imports

Imports into Nepal

Overhead travelling crane imports into Nepal shrank to X units in 2022, dropping by -8% against the previous year. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 889%. Over the period under review, imports attained the maximum at X units in 2021, and then declined in the following year.

In value terms, overhead travelling crane imports declined rapidly to $X in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 792%. Over the period under review, imports attained the maximum at $X in 2021, and then declined dramatically in the following year.

Imports by Country

In 2022, India (X units) constituted the largest supplier of overhead travelling crane to Nepal, with a 78% share of total imports. Moreover, overhead travelling crane imports from India exceeded the figures recorded by the second-largest supplier, China (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume from India totaled +39.0%.

In value terms, India ($X) constituted the largest supplier of overhead travelling cranes on fixed support to Nepal, comprising 85% of total imports. The second position in the ranking was held by China ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to +48.4%.

Import Prices by Country

The average overhead travelling crane import price stood at $X per unit in 2022, waning by -13.6% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, overhead travelling crane import price decreased by -18.6% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 51% against the previous year. The import price peaked at $X 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 ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.2%).

Source: IndexBox Platform

This report provides an in-depth analysis of the overhead travelling crane 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 28221420 - Overhead travelling cranes on fixed support

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