Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Sri Lanka - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Sri Lanka (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Sri Lanka (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Sri Lanka
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Sri Lanka

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Sri Lanka (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $279 per unit, with a decrease of -5.5% against the previous year. In general, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2020 an increase of 35%. Over the period under review, average import prices attained the peak figure at $1,018 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 Italy ($3,754 per unit), while the price for Singapore ($242 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+29.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Sri Lanka (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $6,701 per unit, jumping by 9,206% against the previous year. Overall, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($7,979 per unit), while the average price for exports to Bangladesh amounted to $5,422 per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (-44.9%).

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Sri Lanka

After three years of growth, purchases abroad of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses decreased by -58.1% to 262 units in 2022. In general, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 93% against the previous year. Imports peaked at 626 units in 2021, and then shrank remarkably in the following year.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses contracted sharply to $73K in 2022. Overall, imports, however, recorded resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 161% against the previous year. Imports peaked at $185K in 2021, and then fell markedly in the following year.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Sri Lanka in 2022:

1. India (131.0 units)
2. China (89.0 units)
3. Singapore (39.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Sri Lanka

In 2022, the amount of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses exported from Sri Lanka soared to 4 units, increasing by 300% on 2021 figures. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses soared to $27K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Sri Lanka in 2022:

1. Saudi Arabia (2.0 units)
2. Bangladesh (2.0 units)

Source: IndexBox Market Intelligence Platform