Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Sri Lanka - 2022
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Sri Lanka (CIF) - 2022
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Sri Lanka (FOB) - 2022
- Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Sri Lanka
- Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Sri Lanka
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Sri Lanka (CIF) - 2022
The average import price for containers for compressed or liquefied gas, of iron or steel stood at $25 per unit in 2022, picking up by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2021 an increase of 22%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 Portugal ($42 per unit), while the price for Maldives ($4.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Sri Lanka (FOB) - 2022
The average export price for containers for compressed or liquefied gas, of iron or steel stood at $8.6 per unit in 2022, with an increase of 14% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 29%. As a result, the export price reached the peak level of $11 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($35 per unit), while the average price for exports to Malaysia ($1.1 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 United Arab Emirates (+7.6%), while the prices for the other major destinations experienced a decline.
Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Sri Lanka
In 2022, supplies from abroad of containers for compressed or liquefied gas, of iron or steel decreased by -75% to 94K units, falling for the second consecutive year after two years of growth. Overall, imports faced a dramatic slump. The pace of growth appeared the most rapid in 2020 with an increase of 82% against the previous year. As a result, imports reached the peak of 820K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of containers for compressed or liquefied gas, of iron or steel dropped notably to $2.3M in 2022. In general, imports faced a sharp decrease. The growth pace was the most rapid in 2020 when imports increased by 32%. As a result, imports attained the peak of $14M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 461 | 115 | 1,390 | 533 | 5.0% |
| Thailand | 6,791 | 12,827 | 4,277 | 410 | -60.8% |
| China | 728 | 342 | 408 | 257 | -29.3% |
| Portugal | 143 | 144 | 284 | 188 | 9.5% |
| Japan | 411 | 122 | 482 | 125 | -32.8% |
| Bangladesh | 42.9 | 30.7 | 112 | 78.4 | 22.3% |
| Maldives | 435 | 137 | 78.9 | 37.6 | -55.8% |
| Finland | 116 | 43.1 | 47.6 | 27.8 | -37.9% |
| Others | 1,721 | 548 | 949 | 667 | -27.1% |
| Total | 10,849 | 14,310 | 8,029 | 2,323 | -40.2% |
Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Sri Lanka in 2022:
- Thailand (19.3K units)
- India (15.4K units)
- Japan (14.4K units)
- China (11.6K units)
- Maldives (8.4K units)
- Bangladesh (6.8K units)
- Portugal (4.4K units)
- Finland (4.4K units)
Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Sri Lanka
In 2022, approx. 20K units of containers for compressed or liquefied gas, of iron or steel were exported from Sri Lanka; falling by -18% against the previous year's figure. Overall, exports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 43%. The exports peaked at 44K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of containers for compressed or liquefied gas, of iron or steel dropped to $174K in 2022. In general, exports faced a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 53% against the previous year. Over the period under review, the exports of attained the maximum at $418K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 81.4 | 54.6 | 59.1 | 73.9 | -3.2% |
| United Arab Emirates | 35.1 | 9.6 | 20.5 | 28.8 | -6.4% |
| Singapore | 54.4 | 7.3 | 44.0 | 18.8 | -29.8% |
| Maldives | 73.9 | 17.4 | 9.2 | 8.7 | -51.0% |
| Canada | N/A | N/A | N/A | 7.3 | 0% |
| Malaysia | 7.4 | 3.0 | 3.4 | 1.8 | -37.6% |
| Hong Kong SAR | 8.9 | 3.7 | 3.0 | 1.5 | -44.8% |
| India | 132 | 3.2 | 3.1 | 1.1 | -79.7% |
| Others | 24.6 | 22.6 | 43.2 | 31.7 | 8.8% |
| Total | 418 | 121 | 185 | 174 | -25.3% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Sri Lanka in 2022:
- Bangladesh (12.4K units)
- Singapore (2.5K units)
- Malaysia (1.7K units)
- Canada (1.2K units)
- United Arab Emirates (0.8K units)
- Hong Kong SAR (0.4K units)
- India (0.3K units)
- Maldives (0.2K units)
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