Price for Metal-Rolling Mills; Tube Mills in Sri Lanka - 2021
Contents:
- Price for Metal-Rolling Mills; Tube Mills in Sri Lanka (CIF) - 2022
- Imports of Metal-Rolling Mills; Tube Mills in Sri Lanka
Price for Metal-Rolling Mills; Tube Mills in Sri Lanka (CIF) - 2022
In 2022, the average metal-rolling mills; tube mills import price amounted to $5,613 per unit, falling by -84.4% against the previous year. Overall, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 761% against the previous year. As a result, import price attained the peak level of $101,407 per unit. From 2021 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +18.6% per year.
Imports of Metal-Rolling Mills; Tube Mills in Sri Lanka
For the fourth year in a row, Sri Lanka recorded growth in overseas purchases of metal-rolling mills; tube millses, which increased by 343% to 62 units in 2022. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 600% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, metal-rolling mills; tube mills imports contracted sharply to $348K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,758%. Over the period under review, imports attained the peak figure at $495K in 2021, and then shrank notably in the following year.
| Import of Metal-Rolling Mills; Tube Mills in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 11.0 | 1.0 | 4.8 | 348 | 216.3% |
| China | 0.4 | 81.5 | 489 | N/A | 3396.4% |
| Others | N/A | 131 | 0.5 | N/A | -99.6% |
| Total | 11.5 | 213 | 495 | 348 | 211.6% |
Top Suppliers of Metal-Rolling Mills; Tube Mills to Sri Lanka in 2022:
- India (62.0 units)
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