Price for Drafting Tables and Machines; Whether or Not Automatic in Sri Lanka - 2022

Contents:

  1. Price for Drafting Tables and Machines; Whether or Not Automatic in Sri Lanka (CIF) - 2022
  2. Price for Drafting Tables and Machines; Whether or Not Automatic in Sri Lanka (FOB) - 2022
  3. Imports of Drafting Tables and Machines; Whether or Not Automatic in Sri Lanka
  4. Exports of Drafting Tables and Machines; Whether or Not Automatic in Sri Lanka

Price for Drafting Tables and Machines; Whether or Not Automatic in Sri Lanka (CIF) - 2022

In 2022, the average import price for drafting tables and machines; whether or not automatics amounted to $271 per unit, shrinking by -48% against the previous year. In general, the import price recorded a abrupt contraction. The growth pace was the most rapid in 2020 when the average import price increased by 66%. Over the period under review, average import prices hit record highs at $600 per unit in 2012; however, from 2013 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 China ($454 per unit), while the price for Germany ($27 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+45.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Drafting Tables and Machines; Whether or Not Automatic in Sri Lanka (FOB) - 2022

In 2022, the average export price for drafting tables and machines; whether or not automatics amounted to $2,952 per unit, picking up by 1,067% against the previous year. In general, the export price recorded a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -44.5% per year.

Imports of Drafting Tables and Machines; Whether or Not Automatic in Sri Lanka

In 2022, purchases abroad of drafting tables and machines; whether or not automatics was finally on the rise to reach 222 units after two years of decline. Overall, imports, however, saw a dramatic shrinkage. Over the period under review, imports of reached the maximum at 617 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of drafting tables and machines; whether or not automatics contracted sharply to $60K in 2022. In general, imports, however, faced a dramatic shrinkage. The smallest decline of -0.7% was in 2021. Over the period under review, imports of attained the peak figure at $167K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Drafting Tables and Machines; Whether or Not Automatic in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China46.58.711.442.6-2.9%
India1.50.2N/A9.987.6%
United Kingdom15.83.21.81.0-60.1%
Germany1.50.80.40.3-41.5%
Spain42.930.824.6N/A-24.3%
Austria7.46.56.7N/A-4.8%
Ethiopia12.8N/AN/AN/A0%
Others38.229.734.56.4-44.9%
Total16779.979.360.2-28.8%

Top Suppliers of Drafting Tables and Machines; Whether or Not Automatic to Sri Lanka in 2022:

  1. India (113.0 units)
  2. China (94.0 units)
  3. Germany (10.0 units)
  4. United Kingdom (2.0 units)

Exports of Drafting Tables and Machines; Whether or Not Automatic in Sri Lanka

In 2022, the amount of drafting tables and machines; whether or not automatics exported from Sri Lanka fell significantly to 1 units, shrinking by -66.7% compared with 2021. Overall, exports showed a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 200% against the previous year. As a result, the exports reached the peak of 3 units, and then reduced remarkably in the following year.

In value terms, exports of drafting tables and machines; whether or not automatics surged to $3K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 313%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Drafting Tables and Machines; Whether or Not Automatic in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/AN/A2,9520%
Papua New GuineaN/AN/A746N/A0%
IndiaN/AN/A6.0N/A0%
Maldives69.08.07.0N/A-68.1%
OthersN/A277N/AN/A0%
Total69.02857592,952249.7%

Top Export Markets for Drafting Tables and Machines; Whether or Not Automatic from Sri Lanka in 2022:

  1. Egypt (1.0 units)

Source: IndexBox Market Intelligence Platform

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