As has been the case in previous years, the sale of mobile phones has soared in recent weeks as Nepalis prepare for Dashain, the country’s most important celebration. In order to meet market demand, the country has imported approximately 1.5 million mobile phone sets worth more than Rs 10 billion in the last two months.
According to data from the Department of Customs, Nepal imported mobile phones worth Rs 10.36 billion between mid-July and mid-September in 2021. In comparison to the same period last year, the value of imports is 34% higher this year.
During this time period, 1 million and 498,765 sets were imported, which is more than 505,000 more than the same period the previous year.
Traders and consumers, on the other hand, claim that the imports are still insufficient to fulfil the increasing demand. According to them, there is a severe lack of low-cost smartphones in particular.
Nonetheless, Pranaya Ratna Sthapit, the business head of Samsung Nepal, claims that the foreign market is also experiencing the same difficulties as the local industry.