Price for Cermets; Articles Thereof, Including Waste and Scrap in Sri Lanka - 2022

Contents:

  1. Price for Cermets; Articles Thereof, Including Waste and Scrap in Sri Lanka (CIF) - 2022
  2. Price for Cermets; Articles Thereof, Including Waste and Scrap in Sri Lanka (FOB) - 2022
  3. Imports of Cermets; Articles Thereof, Including Waste and Scrap in Sri Lanka
  4. Exports of Cermets; Articles Thereof, Including Waste and Scrap in Sri Lanka

Price for Cermets; Articles Thereof, Including Waste and Scrap in Sri Lanka (CIF) - 2022

In 2022, the average import price for cermets; articles thereof, including waste and scrap amounted to $199,006 per ton, rising by 4% against the previous year. In general, import price indicated a notable expansion 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, import price for cermets; articles thereof, including waste and scrap decreased by -19.3% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 63%. Over the period under review, average import prices reached the maximum at $246,601 per ton in 2019; however, from 2020 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 Germany ($302,906 per ton), while the price for India ($20,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cermets; Articles Thereof, Including Waste and Scrap in Sri Lanka (FOB) - 2022

The average export price for cermets; articles thereof, including waste and scrap stood at $50,111 per ton in 2022, growing by 26% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 216%. As a result, the export price attained the peak level of $156,239 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2019 to 2022, the rate of growth in terms of prices for Japan amounted to -2.5% per year.

Imports of Cermets; Articles Thereof, Including Waste and Scrap in Sri Lanka

In 2022, imports of cermets; articles thereof, including waste and scrap into Sri Lanka reduced to 690 kg, dropping by -8% compared with 2021 figures. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 105%. As a result, imports attained the peak of 750 kg, and then declined in the following year.

In value terms, imports of cermets; articles thereof, including waste and scrap contracted slightly to $137K in 2022. In general, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 66%.

Import of Cermets; Articles Thereof, Including Waste and Scrap in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14968.710480.6-18.5%
Japan4.92.88.729.381.5%
Vietnam10.914.830.327.335.8%
Others0.60.20.10.1-45.0%
Total16686.5144137-6.2%

Top Suppliers of Cermets; Articles Thereof, Including Waste and Scrap to Sri Lanka in 2022:

  1. Germany (266.0 kg)
  2. Vietnam (230.0 kg)
  3. Japan (186.0 kg)

Exports of Cermets; Articles Thereof, Including Waste and Scrap in Sri Lanka

In 2022, exports of cermets; articles thereof, including waste and scrap from Sri Lanka contracted dramatically to 18 kg, which is down by -87.1% compared with 2021 figures. Overall, exports faced a sharp slump. The pace of growth appeared the most rapid in 2021 when exports increased by 20% against the previous year.

In value terms, exports of cermets; articles thereof, including waste and scrap reduced markedly to $902 in 2022. Over the period under review, exports continue to indicate a dramatic contraction. The smallest decline of -41% was in 2020.

Export of Cermets; Articles Thereof, Including Waste and Scrap in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan0.51.55.60.921.6%
GermanyN/A16.8N/AN/A0%
United Kingdom2.1N/AN/AN/A0%
Maldives28.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total31.018.35.60.9-69.3%

Top Export Markets for Cermets; Articles Thereof, Including Waste and Scrap from Sri Lanka in 2022:

  1. Japan (18.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cermets; articles thereof, including waste and scrap - Sri Lanka