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Sri Lanka - Electronic Instruments And Machines For Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Geometrical Quantities Electronic Measurer in Sri Lanka - 2021
Contents:
- Price for Geometrical Quantities Electronic Measurer in Sri Lanka (FOB) - 2022
- Price for Geometrical Quantities Electronic Measurer in Sri Lanka (CIF) - 2022
- Exports of Geometrical Quantities Electronic Measurer in Sri Lanka
- Imports of Geometrical Quantities Electronic Measurer in Sri Lanka
Price for Geometrical Quantities Electronic Measurer in Sri Lanka (FOB) - 2022
The average geometrical quantities electronic measurer export price stood at $33 per unit in 2022, with an increase of 14% against the previous year. Over the period under review, the export price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 when the average export price increased by 37%. The export price peaked at $86 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($33 per unit), while the average price for exports to the United Arab Emirates ($9.1 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 Mexico (+0.2%), while the prices for the other major destinations experienced a decline.
Price for Geometrical Quantities Electronic Measurer in Sri Lanka (CIF) - 2022
In 2022, the average geometrical quantities electronic measurer import price amounted to $48 per unit, jumping by 17% against the previous year. Over the period under review, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2018 an increase of 27% against the previous year. Over the period under review, average import prices attained the peak figure at $83 per unit in 2015; however, from 2016 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 South Korea ($49 per unit), while the price for the United Arab Emirates ($16 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Geometrical Quantities Electronic Measurer in Sri Lanka
For the fourth year in a row, Sri Lanka recorded growth in shipments abroad of electronic instruments and machines for measuring geometrical quantities, which increased by 7.5% to 1.6M units in 2022. The total export volume increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 22%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, geometrical quantities electronic measurer exports skyrocketed to $53M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +46.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Geometrical Quantities Electronic Measurer in Sri Lanka (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 9.3 | 10.4 | 11.7 | 13.4 | 12.9% |
United States | 7.0 | 7.7 | 10.3 | 13.1 | 23.2% |
United Kingdom | 5.7 | 4.2 | 4.7 | 5.2 | -3.0% |
China | 1.7 | 2.0 | 2.9 | 5.2 | 45.2% |
Mexico | 1.3 | 2.0 | 3.8 | 3.1 | 33.6% |
Switzerland | 2.3 | 2.8 | 2.3 | 2.9 | 8.0% |
India | 2.9 | 1.8 | 1.5 | 2.3 | -7.4% |
Hungary | 0.8 | 0.3 | 0.7 | 0.7 | -4.4% |
Others | 5.2 | 4.9 | 5.1 | 6.8 | 9.4% |
Total | 36.1 | 35.9 | 43.1 | 52.6 | 13.4% |
Top Export Markets for Geometrical Quantities Electronic Measurer from Sri Lanka in 2022:
- Germany (407.4K units)
- United States (398.0K units)
- United Kingdom (158.1K units)
- China (157.4K units)
- Mexico (93.1K units)
- Switzerland (89.8K units)
- India (69.1K units)
- Hungary (20.8K units)
Imports of Geometrical Quantities Electronic Measurer in Sri Lanka
In 2022, overseas purchases of electronic instruments and machines for measuring geometrical quantities decreased by -9.6% to 189K units, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, imports attained the peak of 219K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, geometrical quantities electronic measurer imports expanded rapidly to $9M in 2022. Over the period under review, imports faced a abrupt shrinkage. Over the period under review, imports hit record highs at $15M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Geometrical Quantities Electronic Measurer in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1,922 | 969 | 1,629 | 2,253 | 5.4% |
United States | 1,969 | 1,909 | 927 | 1,817 | -2.6% |
United Kingdom | 780 | 948 | 288 | 923 | 5.8% |
China | 2,456 | 1,752 | 1,427 | 882 | -28.9% |
Germany | 1,856 | 890 | 381 | 631 | -30.2% |
Japan | 872 | 640 | 850 | 387 | -23.7% |
India | 707 | 591 | 555 | 322 | -23.1% |
South Korea | 599 | 1,275 | 262 | 318 | -19.0% |
Singapore | 696 | 218 | 242 | 257 | -28.3% |
Romania | 271 | 127 | 374 | 136 | -20.5% |
Italy | 453 | 298 | 188 | 130 | -34.0% |
United Arab Emirates | 33.3 | 28.4 | 2.8 | 125 | 55.4% |
Israel | 115 | 6.0 | 586 | 115 | 0.0% |
Others | 1,976 | 1,433 | 773 | 691 | -29.5% |
Total | 14,704 | 11,084 | 8,484 | 8,988 | -15.1% |
Top Suppliers of Geometrical Quantities Electronic Measurer to Sri Lanka in 2022:
- France (45.7K units)
- United States (36.9K units)
- United Kingdom (18.7K units)
- China (17.9K units)
- Germany (12.8K units)
- United Arab Emirates (7.9K units)
- Japan (7.9K units)
- India (6.5K units)
- South Korea (6.5K units)
- Singapore (5.2K units)
- Romania (3.7K units)
- Israel (3.1K units)
- Italy (2.6K units)
This report provides an in-depth analysis of the market for geometrical quantities electronic measurer in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26516650 - Electronic instruments, appliances and machines for measuring or checking geometrical quantities (including comparators, coordinate measuring machines (CMMs))
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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