Duplicating Machines Price in Sri Lanka - 2021

Duplicating Machines Price in Sri Lanka (CIF) - 2022

The average duplicating machines import price stood at $1,488 per unit in 2022, shrinking by -17.6% against the previous year. In general, the import price, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2014 an increase of 68%. Over the period under review, average import prices attained the maximum at $2,497 per unit in 2016; however, from 2017 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 Thailand ($2,316 per unit), while the price for Japan ($1,038 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Duplicating Machines Price in Sri Lanka (FOB) - 2022

The average duplicating machines export price stood at $2,127 per unit in 2022, rising by 5.9% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, duplicating machines export price decreased by -5.3% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 36% against the previous year. Over the period under review, the average export prices hit record highs at $2,439 per unit in 2015; however, from 2016 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 Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +4.5% per year.

Duplicating Machines Imports in Sri Lanka

In 2022, approx. 116 units of duplicating machineses were imported into Sri Lanka; falling by -15.9% compared with 2021 figures. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 188%. As a result, imports reached the peak of 138 units, and then fell notably in the following year.

In value terms, duplicating machines imports fell dramatically to $173K in 2022. In general, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 160%. As a result, imports reached the peak of $250K, and then fell remarkably in the following year.

Import of Duplicating Machines in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	66.3	18.3	9.3	50.6	-8.6%
Thailand	30.2	45.0	64.0	47.3	16.1%
China	34.4	12.3	66.8	44.7	9.1%
Singapore	3.4	7.8	11.1	7.8	31.9%
Others	5.2	12.6	98.6	22.3	62.5%
Total	139	95.9	250	173	7.6%

Top Suppliers of Duplicating Machines to Sri Lanka in 2022:

Japan (49.0 units)
China (40.0 units)
Thailand (20.0 units)
Singapore (4.0 units)

Duplicating Machines Exports in Sri Lanka

In 2022, after two years of decline, there was decline in shipments abroad of duplicating machineses, when their volume decreased by 0% to 2 units. In general, exports continue to indicate a abrupt setback. The smallest decline of -33.3% was in 2020. The exports peaked at 3 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, duplicating machines exports expanded rapidly to $4.3K in 2022. Over the period under review, exports recorded a abrupt curtailment. Over the period under review, the exports hit record highs at $5K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.