Price for Machines; Parts and Accessories, of Heading No. 8472 in Sri Lanka - 2022
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Sri Lanka (CIF) - 2022
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Sri Lanka (FOB) - 2022
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in Sri Lanka
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in Sri Lanka
Price for Machines; Parts and Accessories, of Heading No. 8472 in Sri Lanka (CIF) - 2022
The average import price for machines; parts and accessories, of heading no. 8472 stood at $95,848 per ton in 2022, rising by 25% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 95%. The import price peaked at $141,892 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 ($218,589 per ton), while the price for Taiwan (Chinese) ($36,112 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines; Parts and Accessories, of Heading No. 8472 in Sri Lanka (FOB) - 2022
The average export price for machines; parts and accessories, of heading no. 8472 stood at $98,652 per ton in 2022, picking up by 29% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 98% against the previous year. The export price peaked at $130,013 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
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 the United States ($150,123 per ton), while the average price for exports to Hong Kong SAR ($25,297 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines; Parts and Accessories, of Heading No. 8472 in Sri Lanka
In 2022, imports of machines; parts and accessories, of heading no. 8472 into Sri Lanka contracted remarkably to 4 tons, reducing by -69.8% compared with the previous year. Over the period under review, imports recorded a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 136% against the previous year.
In value terms, imports of machines; parts and accessories, of heading no. 8472 fell rapidly to $379K in 2022. In general, imports faced a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.0 | 7.5 | 105 | 141 | 227.9% |
| South Korea | 135 | 86.8 | 209 | 78.3 | -16.6% |
| Hong Kong SAR | 169 | 211 | 430 | 61.7 | -28.5% |
| India | 91.2 | 11.2 | 13.0 | 27.6 | -32.9% |
| United States | 251 | 77.7 | 84.3 | 21.1 | -56.2% |
| China | 5.6 | 6.1 | 22.1 | 15.5 | 40.4% |
| Singapore | 305 | 90.2 | 96.6 | 7.8 | -70.5% |
| Taiwan (Chinese) | 12.9 | 0.5 | 6.7 | 3.9 | -32.9% |
| Pakistan | 29.7 | N/A | N/A | N/A | 0% |
| Others | 78.1 | 73.6 | 39.7 | 22.7 | -33.8% |
| Total | 1,081 | 565 | 1,007 | 379 | -29.5% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Sri Lanka in 2022:
- Hong Kong SAR (1602.0 kg)
- Germany (1080.0 kg)
- South Korea (358.0 kg)
- India (276.0 kg)
- United States (192.0 kg)
- China (131.0 kg)
- Taiwan (Chinese) (107.0 kg)
- Singapore (80.0 kg)
Exports of Machines; Parts and Accessories, of Heading No. 8472 in Sri Lanka
After three years of growth, shipments abroad of machines; parts and accessories, of heading no. 8472 decreased by -48.4% to 2.2 tons in 2022. Overall, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 98% against the previous year.
In value terms, exports of machines; parts and accessories, of heading no. 8472 reduced remarkably to $220K in 2022. In general, exports, however, showed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 123% against the previous year. As a result, the exports reached the peak of $331K, and then plummeted in the following year.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 10.6 | N/A | 143 | 267.3% |
| Maldives | 2.4 | N/A | 26.4 | 18.0 | 95.7% |
| New Zealand | N/A | 3.9 | 3.5 | 17.1 | 109.4% |
| Hong Kong SAR | 14.6 | 63.2 | 25.2 | 14.7 | 0.2% |
| Spain | N/A | N/A | N/A | 11.1 | 0% |
| Switzerland | 111 | 15.6 | 9.3 | 10.0 | -55.2% |
| Turkey | 0.6 | 5.4 | 1.9 | 1.5 | 35.7% |
| India | 0.1 | 43.4 | 258 | N/A | 4979.4% |
| Others | 11.2 | 6.2 | 7.2 | 4.6 | -25.7% |
| Total | 140 | 148 | 331 | 220 | 16.3% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Sri Lanka in 2022:
- United States (953.0 kg)
- Hong Kong SAR (583.0 kg)
- Spain (195.0 kg)
- New Zealand (178.0 kg)
- Maldives (164.0 kg)
- Switzerland (71.0 kg)
- Turkey (50.0 kg)
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This report provides an in-depth analysis of the computing machinery market in Sri Lanka.
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This report provides an in-depth analysis of the global computing machinery market.
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