Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Sri Lanka - 2022

Contents:

1. Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Sri Lanka (FOB) - 2022
2. Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Sri Lanka (CIF) - 2022
3. Exports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Sri Lanka
4. Imports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Sri Lanka

Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Sri Lanka (FOB) - 2022

In 2022, the average export price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses amounted to $4.3 per unit, picking up by 4.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($5.7 per unit), while the average price for exports to the United States ($4.2 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 Canada (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Sri Lanka (CIF) - 2022

In 2022, the average import price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses amounted to $2.9 per unit, with an increase of 15% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of 59% against the previous year. Over the period under review, average import prices hit record highs at $3.6 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 ($3 per unit), while the price for India amounted to $0.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.0%).

Exports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Sri Lanka

In 2022, exports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses from Sri Lanka skyrocketed to 5M units, picking up by 37% on 2021. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses skyrocketed to $22M in 2022. Over the period under review, exports posted a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes from Sri Lanka in 2022:

1. United States (4.4M units)
2. United Kingdom (0.5M units)

Imports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Sri Lanka

In 2022, approx. 865K units of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses were imported into Sri Lanka; which is down by -25.3% against 2021. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Imports peaked at 1.3M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses reduced to $2.5M in 2022. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 9.9%. Imports peaked at $4.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes to Sri Lanka in 2022:

1. China (802.1K units)
2. India (61.9K units)

Source: IndexBox Market Intelligence Platform