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Sri Lanka - Machine Tools For Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Machine-Tool for Working Metal in Sri Lanka - 2021
Contents:
- Price for Machine-Tool for Working Metal in Sri Lanka (CIF) - 2022
- Price for Machine-Tool for Working Metal in Sri Lanka (FOB) - 2022
- Imports of Machine-Tool for Working Metal in Sri Lanka
- Exports of Machine-Tool for Working Metal in Sri Lanka
Price for Machine-Tool for Working Metal in Sri Lanka (CIF) - 2022
In 2022, the average machine-tool for working metal import price amounted to $1,264 per unit, dropping by -10.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 96%. The import price peaked at $2,993 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Taiwan (Chinese) ($11,248 per unit), while the price for the United Arab Emirates ($457 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Machine-Tool for Working Metal in Sri Lanka (FOB) - 2022
The average machine-tool for working metal export price stood at $1,109 per unit in 2022, reducing by -43.3% against the previous year. In general, the export price faced a significant contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 595% against the previous year. Over the period under review, the average export prices hit record highs at $13,712 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($15,270 per unit), while the average price for exports to Qatar ($71 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 Singapore (+9.5%), while the prices for the other major destinations experienced a decline.
Imports of Machine-Tool for Working Metal in Sri Lanka
In 2022, approx. 3K units of machine tools for working metal were imported into Sri Lanka; reducing by -44.5% against the previous year's figure. Overall, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 288%. As a result, imports attained the peak of 5.3K units, and then declined remarkably in the following year.
In value terms, machine-tool for working metal imports reduced remarkably to $3.7M in 2022. In general, imports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 84%. As a result, imports attained the peak of $7.5M, and then dropped markedly in the following year.
Import of Machine-Tool for Working Metal in Sri Lanka (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.1 | 1.2 | 3.6 | 2.2 | -18.7% |
Taiwan (Chinese) | 0.2 | 0.3 | 0.7 | 0.6 | 44.2% |
India | 0.3 | 0.5 | 0.9 | 0.3 | 0.0% |
Japan | 0.7 | 1.1 | 0.2 | 0.1 | -47.7% |
Others | 1.2 | 1.0 | 2.1 | 0.5 | -25.3% |
Total | 6.5 | 4.1 | 7.5 | 3.7 | -17.1% |
Top Suppliers of Machine-Tool for Working Metal to Sri Lanka in 2022:
- China (2573.0 units)
- India (168.0 units)
- Japan (64.0 units)
- Taiwan (Chinese) (50.0 units)
Exports of Machine-Tool for Working Metal in Sri Lanka
In 2022, machine-tool for working metal exports from Sri Lanka skyrocketed to 40 units, rising by 43% against the previous year. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, machine-tool for working metal exports shrank sharply to $44K in 2022. Over the period under review, exports, however, saw a sharp reduction. The pace of growth was the most pronounced in 2020 when exports increased by 2.9% against the previous year. As a result, the exports attained the peak of $148K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Machine-Tool for Working Metal in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1.6 | N/A | 3.9 | 15.3 | 112.3% |
Vietnam | 0.2 | 0.2 | 0.2 | 6.1 | 212.4% |
Singapore | 4.7 | 4.6 | 3.5 | 6.0 | 8.5% |
Congo | N/A | N/A | N/A | 5.8 | 0% |
Maldives | 7.2 | 2.9 | 0.2 | 5.2 | -10.3% |
Bahrain | 1.1 | 0.9 | 0.4 | 2.8 | 36.5% |
Papua New Guinea | 0.3 | N/A | N/A | 1.5 | 71.0% |
Qatar | N/A | N/A | N/A | 0.1 | 0% |
China | 31.7 | 24.3 | 11.0 | N/A | -41.1% |
Austria | 1.9 | 2.4 | 1.0 | N/A | -27.5% |
Bangladesh | 0.7 | 0.4 | 0.2 | N/A | -46.5% |
Ghana | 26.4 | 20.3 | 9.2 | N/A | -41.0% |
Others | 67.5 | 91.5 | 25.1 | 1.5 | -71.9% |
Total | 143 | 148 | 54.8 | 44.4 | -32.3% |
Top Export Markets for Machine-Tool for Working Metal from Sri Lanka in 2022:
- Congo (26.0 units)
- Maldives (5.0 units)
- Vietnam (3.0 units)
- Bahrain (1.0 units)
- Qatar (1.0 units)
- Singapore (1.0 units)
- India (1.0 units)
- Papua New Guinea (1.0 units)
This report provides an in-depth analysis of the market for machine-tool for working metal 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 28413120 - Numerically controlled bending, folding, straightening or flattening machines for working flat metal products (including presses)
- Prodcom 28413140 - Numerically controlled bending, folding, straightening or flattening machines for working metal (including presses) (excluding those for working flat metal products)
- Prodcom 28413160 - Non-numerically controlled bending, folding, straightening or flattening machines for working flat metal products (including presses)
- Prodcom 28413180 - Non-numerically controlled bending, folding, straightening or flattening machines for working metal (including presses) (excluding those for working flat metal products)
- Prodcom 28413220 - Numerically controlled shearing machines for working metal (including presses) (excluding combined punching and shearing machines)
- Prodcom 28413240 - Numerically controlled punching or notching machines for working metal (including presses, combined punching and shearing machines)
- Prodcom 28413260 - Non-numerically controlled shearing machines for working metal (including presses) (excluding combined punching and shearing machines)
- Prodcom 28413280 - Non-numerically controlled punching or notching machines for working metal (including presses, combined punching and shearing machines)
- Prodcom 28413310 - Numerically controlled forging or die-stamping machines and hammers for working metal (including presses)
- Prodcom 28413320 - Non-numerically controlled forging or die-stamping machines and hammers for working metal (including presses)
- Prodcom 28413330 -
- Prodcom 28413340 -
- Prodcom 28413370 -
- Prodcom 28413380 -
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
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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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This report provides an in-depth analysis of the global market for machine-tool for working metal.
Discover the leading countries by import value of machine-tools for working metal and the key statistics for 2023. Find out which markets offer the best opportunities for suppliers in the global manufacturing industry.
In 2016, the global machine-tool for working metal imports amounted to X tons, falling by -X% against the previous year figure. The total import volume increased at an average annual rate of +X>
In 2016, the global machine-tool for working metal imports amounted to X tons, falling by -X% against the previous year figure. The total import volume increased at an average annual rate of +X>
Discover the leading countries by import value of machine-tools for working metal and the key statistics for 2023. Find out which markets offer the best opportunities for suppliers in the global manufacturing industry.
In 2016, the global machine-tool for working metal imports amounted to X tons, falling by -X% against the previous year figure. The total import volume increased at an average annual rate of +X>
In 2016, the global machine-tool for working metal imports amounted to X tons, falling by -X% against the previous year figure. The total import volume increased at an average annual rate of +X>