Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Sri Lanka - 2022

Contents:

  1. Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Sri Lanka (CIF) - 2022
  2. Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Sri Lanka (FOB) - 2022
  3. Imports of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Sri Lanka
  4. Exports of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Sri Lanka

Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Sri Lanka (CIF) - 2022

The average import price for boilers; watertube boilers with a steam production exceeding 45t per hour stood at $10,704 per ton in 2022, increasing by 65% against the previous year. Over the period under review, the import price showed noticeable growth. The import price peaked at $18,302 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($56,788 per ton), while the price for Japan ($4,423 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Sri Lanka (FOB) - 2022

The average export price for boilers; watertube boilers with a steam production exceeding 45t per hour stood at $3,748 per ton in 2022, shrinking by -15.4% against the previous year. In general, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by 213%. As a result, the export price reached the peak level of $59,627 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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 -9.2% per year.

Imports of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Sri Lanka

In 2022, approx. 5.4 tons of boilers; watertube boilers with a steam production exceeding 45t per hour were imported into Sri Lanka; falling by -79.3% against the previous year. In general, imports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 282% against the previous year.

In value terms, imports of boilers; watertube boilers with a steam production exceeding 45t per hour shrank sharply to $58K in 2022. Overall, imports recorded a significant decrease. The growth pace was the most rapid in 2021 when imports increased by 268% against the previous year.

Import of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India34.23.926.922.7-12.8%
Japan28315.710115.7-61.9%
Taiwan (Chinese)61.911.420.39.4-46.6%
China70.211.117.26.8-54.1%
Others53.44.35.93.7-58.9%
Total50246.417158.2-51.2%

Top Suppliers of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour to Sri Lanka in 2022:

  1. Japan (3.5 tons)
  2. India (1.3 tons)
  3. China (0.4 tons)
  4. Taiwan (Chinese) (0.2 tons)

Exports of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Sri Lanka

In 2022, approx. 5.5 tons of boilers; watertube boilers with a steam production exceeding 45t per hour were exported from Sri Lanka; increasing by 43% against the year before. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 56%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of boilers; watertube boilers with a steam production exceeding 45t per hour soared to $21K in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.6% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives11.714.217.120.720.9%
OthersN/AN/AN/AN/A0%
Total11.714.217.120.720.9%

Top Export Markets for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour from Sri Lanka in 2022:

  1. Maldives (5.5 tons)

Source: IndexBox Market Intelligence Platform

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