Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Sri Lanka - 2022

Contents:

  1. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Sri Lanka (CIF) - 2022
  2. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Sri Lanka (FOB) - 2022
  3. Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Sri Lanka
  4. Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Sri Lanka

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Sri Lanka (CIF) - 2022

In 2022, the average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $5.2 per unit, shrinking by -30.6% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2014 an increase of 21% against the previous year. The import price peaked at $15 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($41 per unit), while the price for China ($3.1 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 (+15.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Sri Lanka (FOB) - 2022

The average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $11 per unit in 2022, reducing by -28.2% against the previous year. Overall, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 an increase of 69% against the previous year. The export price peaked at $18 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($23 per unit), while the average price for exports to Malaysia ($3.7 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 Netherlands (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Sri Lanka

In 2022, the amount of lightning arresters, voltage limiters and surge suppressors for over 1000 v imported into Sri Lanka soared to 123K units, growing by 127% compared with 2021 figures. Overall, imports, however, recorded a abrupt descent. Over the period under review, imports of hit record highs at 229K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v skyrocketed to $643K in 2022. In general, imports, however, faced a significant curtailment. Over the period under review, imports of reached the maximum at $1.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35546481.0275-8.2%
India48.354.119.587.221.8%
Germany35060114476.1-39.9%
France44392.715.219.0-65.0%
Turkey54.049.725.317.7-31.1%
Others511406123168-31.0%
Total1,7611,667408643-28.5%

Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Sri Lanka in 2022:

  1. China (90.1K units)
  2. Germany (16.5K units)
  3. India (7.2K units)
  4. Turkey (1.9K units)
  5. France (1.7K units)

Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Sri Lanka

In 2022, approx. 10K units of lightning arresters, voltage limiters and surge suppressors for over 1000 v were exported from Sri Lanka; growing by 476% against the previous year's figure. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v skyrocketed to $106K in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland19.47.813.853.840.5%
Maldives3.00.210.121.492.5%
Malaysia0.80.30.321.0197.2%
Ethiopia0.40.20.51.968.1%
NepalN/AN/AN/A1.80%
Singapore1.00.30.11.821.6%
Bangladesh0.30.10.20.838.7%
Others1.20.60.42.934.2%
Total26.29.725.510659.3%

Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Sri Lanka in 2022:

  1. Malaysia (5.7K units)
  2. Switzerland (2.4K units)
  3. Maldives (0.9K units)
  4. Ethiopia (0.3K units)
  5. Bangladesh (0.2K units)
  6. Nepal (0.2K units)
  7. Singapore (0.2K units)

Source: IndexBox Market Intelligence Platform

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