Price for Containers for Compressed or Liquefied Gas, of Aluminium in Sri Lanka - 2022

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Sri Lanka (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Sri Lanka (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Sri Lanka
  4. Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Sri Lanka

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Sri Lanka (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of aluminium stood at $19 per unit in 2022, reducing by -3.9% against the previous year. Over the period under review, the import price, however, saw strong growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 235%. Over the period under review, average import prices attained the maximum at $35 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Spain ($363 per unit), while the price for Thailand ($3.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Sri Lanka (FOB) - 2022

In 2022, the average export price for containers for compressed or liquefied gas, of aluminium amounted to $24 per unit, which is down by -40.3% against the previous year. Over the period under review, the export price, however, saw pronounced growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices reached the peak figure at $42 per unit in 2015; however, from 2016 to 2022, the 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 Germany ($95 per unit), while the average price for exports to the United Arab Emirates ($5.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Sri Lanka

In 2022, imports of containers for compressed or liquefied gas, of aluminium into Sri Lanka fell rapidly to 5.8K units, with a decrease of -67.4% compared with 2021 figures. Overall, imports saw a sharp slump. The pace of growth appeared the most rapid in 2021 when imports increased by 95%. As a result, imports attained the peak of 18K units, and then fell rapidly in the following year.

In value terms, imports of containers for compressed or liquefied gas, of aluminium shrank dramatically to $107K in 2022. In general, imports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 187%. As a result, imports reached the peak of $343K, and then shrank significantly in the following year.

Import of Containers for Compressed or Liquefied Gas, of Aluminium in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States90.832.613936.0-26.5%
Germany25.916.251.924.2-2.2%
China20.620.533.021.21.0%
India45.115.633.43.8-56.2%
Taiwan (Chinese)3.71.97.63.4-2.8%
France23.37.218.33.4-47.4%
Thailand4.56.715.92.8-14.6%
Singapore9.44.920.71.4-47.0%
Others27.113.622.411.2-25.5%
Total250119343107-24.6%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to Sri Lanka in 2022:

  1. China (2818.0 units)
  2. India (1065.0 units)
  3. Thailand (859.0 units)
  4. United States (379.0 units)
  5. Germany (172.0 units)
  6. Singapore (114.0 units)
  7. Taiwan (Chinese) (109.0 units)
  8. France (25.0 units)

Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Sri Lanka

Exports of containers for compressed or liquefied gas, of aluminium from Sri Lanka skyrocketed to 786 units in 2022, picking up by 207% on the year before. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 689% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of containers for compressed or liquefied gas, of aluminium soared to $19K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 410%. As a result, the exports attained the peak of $20K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Containers for Compressed or Liquefied Gas, of Aluminium in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.94.74.97.255.9%
Maldives1.77.00.55.346.1%
Netherlands0.12.04.05.0268.4%
United Arab EmiratesN/AN/A0.11.11000.0%
IndiaN/A6.6N/AN/A0%
Others0.30.10.70.1-30.7%
Total4.020.410.218.767.2%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from Sri Lanka in 2022:

  1. Maldives (379.0 units)
  2. United Arab Emirates (204.0 units)
  3. Netherlands (122.0 units)
  4. Germany (76.0 units)

Source: IndexBox Market Intelligence Platform

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