Sri Lanka - Pliers, Pincers And Tweezers For Nonmedical Use - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPliers and Pincers Price in Sri Lanka - 2021
Contents:
- Pliers and Pincers Price in Sri Lanka (CIF) - 2022
- Pliers and Pincers Price in Sri Lanka (FOB) - 2022
- Pliers and Pincers Imports in Sri Lanka
- Pliers and Pincers Exports in Sri Lanka
Pliers and Pincers Price in Sri Lanka (CIF) - 2022
The average pliers and pincers import price stood at $6,449 per ton in 2022, increasing by 3.9% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pliers and pincers import price decreased by -22.1% against 2020 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $8,279 per ton 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 Singapore ($68,584 per ton), while the price for China ($5,007 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Pliers and Pincers Price in Sri Lanka (FOB) - 2022
The average pliers and pincers export price stood at $4,329 per ton in 2022, increasing by 7.4% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2019 an increase of 331%. As a result, the export price attained the peak level of $26,074 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($9,945 per ton), while the average price for exports to India ($1,298 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Pliers and Pincers Imports in Sri Lanka
After three years of growth, supplies from abroad of pliers, pincers and tweezers for nonmedical use decreased by -22.3% to 203 tons in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. As a result, imports attained the peak of 261 tons, and then fell sharply in the following year.
In value terms, pliers and pincers imports contracted significantly to $1.3M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 63%. As a result, imports attained the peak of $1.6M, and then plummeted in the following year.
Import of Pliers and Pincers in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 453 | 497 | 1,240 | 969 | 28.8% |
Taiwan (Chinese) | 76.4 | 89.2 | 59.7 | 58.7 | -8.4% |
India | 9.3 | 58.1 | 27.2 | 22.4 | 34.0% |
Others | 347 | 351 | 291 | 257 | -9.5% |
Total | 885 | 996 | 1,618 | 1,307 | 13.9% |
Top Suppliers of Pliers and Pincers to Sri Lanka in 2022:
- China (193.5 tons)
- India (2.8 tons)
- Taiwan (Chinese) (2.4 tons)
Pliers and Pincers Exports in Sri Lanka
In 2022, shipments abroad of pliers, pincers and tweezers for nonmedical use decreased by -38.6% to 602 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 199% against the previous year. As a result, the exports attained the peak of 981 kg, and then contracted notably in the following year.
In value terms, pliers and pincers exports reduced sharply to $2.6K in 2022. Overall, exports saw a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 215%.
Export of Pliers and Pincers in Sri Lanka (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 271 | 606 | 1,451 | 915 | 50.0% |
Maldives | 96.0 | 103 | 874 | 639 | 88.1% |
United Arab Emirates | 27.0 | 81.0 | 259 | 190 | 91.6% |
Japan | 21.0 | 64.0 | 212 | 185 | 106.5% |
Seychelles | 1.0 | N/A | 121 | 88.0 | 344.8% |
India | 23.0 | 15.0 | 45.0 | 61.0 | 38.4% |
Ethiopia | 10.0 | 3.0 | 24.0 | 25.0 | 35.7% |
Norway | 4,656 | N/A | N/A | N/A | 0% |
Costa Rica | N/A | N/A | 194 | N/A | 0% |
Others | 162 | 385 | 774 | 503 | 45.9% |
Total | 5,267 | 1,257 | 3,954 | 2,606 | -20.9% |
Top Export Markets for Pliers and Pincers from Sri Lanka in 2022:
- Germany (316.0 kg)
- Maldives (130.0 kg)
- India (47.0 kg)
- Seychelles (22.0 kg)
- United Arab Emirates (20.0 kg)
- Japan (19.0 kg)
- Ethiopia (15.0 kg)
This report provides an in-depth analysis of the pliers and pincers market in Sri Lanka. 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 25733016 - Pliers, including cutting pliers, pincers and tweezers for nonmedical use and similar hand tools, of base metal
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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