Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Sri Lanka - 2022
Contents:
- Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Sri Lanka (CIF) - 2022
- Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Sri Lanka (FOB) - 2022
- Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Sri Lanka
- Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Sri Lanka
Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Sri Lanka (CIF) - 2022
The average import price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s stood at $234 per unit in 2022, growing by 114% against the previous year. Overall, the import price showed prominent growth. Over the period under review, average import prices hit record highs at $265 per unit 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 the United States ($2.2 thousand per unit), while the price for China ($42 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Sri Lanka (FOB) - 2022
In 2022, the average export price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s amounted to $2.9 thousand per unit, picking up by 501% against the previous year. In general, the export price posted a prominent expansion. The pace of growth appeared the most rapid in 2020 an increase of 913%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($4.9 thousand per unit), while the average price for exports to South Africa ($327 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 Maldives (+46.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Sri Lanka
For the fourth consecutive year, Sri Lanka recorded growth in purchases abroad of engines; pneumatic power engines and motors, other than linear acting (cylinders)s, which increased by 2% to 10K units in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 94% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s skyrocketed to $2.3M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 699 | 253 | 111 | 1,319 | 23.6% |
| Denmark | 97.0 | 191 | 368 | 250 | 37.1% |
| Germany | 30.5 | 18.1 | 42.0 | 232 | 96.7% |
| Singapore | 64.3 | 29.7 | 114 | 87.6 | 10.9% |
| Taiwan (Chinese) | 39.3 | 28.6 | 47.0 | 59.4 | 14.8% |
| China | 32.8 | 61.2 | 47.9 | 58.3 | 21.1% |
| France | 4.5 | 7.9 | 16.1 | 26.7 | 81.0% |
| India | 37.2 | 47.0 | 68.9 | 25.2 | -12.2% |
| Others | 88.3 | 147 | 261 | 287 | 48.1% |
| Total | 1,093 | 784 | 1,076 | 2,345 | 29.0% |
Top Suppliers of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) to Sri Lanka in 2022:
- Denmark (4.4K units)
- China (1.4K units)
- Taiwan (Chinese) (0.7K units)
- Singapore (0.7K units)
- United States (0.6K units)
- Germany (0.6K units)
- France (0.4K units)
- India (0.2K units)
Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Sri Lanka
In 2022, approx. 31 units of engines; pneumatic power engines and motors, other than linear acting (cylinders)s were exported from Sri Lanka; rising by 520% against 2021. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s soared to $90K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 0.2 | 0.6 | 80.3 | 1903.7% |
| Maldives | 0.1 | 0.7 | 0.5 | 4.9 | 265.9% |
| India | 0.3 | 0.9 | 0.2 | 3.7 | 131.0% |
| South Africa | N/A | N/A | N/A | 0.7 | 0% |
| Singapore | N/A | 1.7 | 0.5 | 0.5 | -45.8% |
| Fiji | N/A | N/A | 0.5 | N/A | 0% |
| Jordan | N/A | N/A | N/A | N/A | 0% |
| China | N/A | N/A | N/A | N/A | 0% |
| Timor-Leste | N/A | 0.9 | N/A | N/A | 0% |
| Mali | N/A | 0.6 | N/A | N/A | 0% |
| Indonesia | N/A | N/A | N/A | N/A | 0% |
| Sudan | N/A | 0.8 | N/A | N/A | 0% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 0.4 | 6.2 | 2.4 | 90.1 | 508.4% |
Top Export Markets for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) from Sri Lanka in 2022:
- United Arab Emirates (24.0 units)
- India (3.0 units)
- South Africa (2.0 units)
- Maldives (1.0 units)
- Singapore (1.0 units)
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