Price for Non-Tanker Trailer and Semi-Trailers in Sri Lanka - 2022

Contents:

1. Price for Non-Tanker Trailer and Semi-Trailers in Sri Lanka (FOB) - 2022
2. Price for Non-Tanker Trailer and Semi-Trailers in Sri Lanka (CIF) - 2022
3. Exports of Non-Tanker Trailer and Semi-Trailers in Sri Lanka
4. Imports of Non-Tanker Trailer and Semi-Trailers in Sri Lanka

Price for Non-Tanker Trailer and Semi-Trailers in Sri Lanka (FOB) - 2022

In 2022, the average non-tanker trailer and semi-trailers export price amounted to $32,804 per unit, increasing by 32% against the previous year. Overall, the export price posted prominent growth. The pace of growth appeared the most rapid in 2018 an increase of 65%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($43,061 per unit), while the average price for exports to Dominica ($16,285 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 Oman (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Non-Tanker Trailer and Semi-Trailers in Sri Lanka (CIF) - 2022

In 2022, the average non-tanker trailer and semi-trailers import price amounted to $16,678 per unit, with an increase of 32% against the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. Over the period under review, average import prices attained the peak figure at $28,096 per unit in 2012; however, from 2013 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 Germany ($43,883 per unit), while the price for the United States ($244 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.0%), while the prices for the other major suppliers experienced a decline.

Exports of Non-Tanker Trailer and Semi-Trailers in Sri Lanka

In 2022, the amount of non-tanker trailers and semi-trailers exported from Sri Lanka soared to 247 units, with an increase of 27% on 2021 figures. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 123% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, non-tanker trailer and semi-trailers exports surged to $8.1M in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 132%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Non-Tanker Trailer and Semi-Trailers from Sri Lanka in 2022:

1. Saudi Arabia (87.0 units)
2. Oman (62.0 units)
3. United Arab Emirates (37.0 units)
4. Yemen (27.0 units)
5. Egypt (15.0 units)
6. Dominican Republic (6.0 units)
7. Dominica (4.0 units)

Imports of Non-Tanker Trailer and Semi-Trailers in Sri Lanka

Non-tanker trailer and semi-trailers imports into Sri Lanka declined remarkably to 28 units in 2022, with a decrease of -15.2% against the year before. Over the period under review, imports showed a sharp reduction. Imports peaked at 106 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, non-tanker trailer and semi-trailers imports rose remarkably to $467K in 2022. In general, imports recorded a dramatic downturn. Over the period under review, imports attained the peak figure at $1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Non-Tanker Trailer and Semi-Trailers to Sri Lanka in 2022:

1. China (9.0 units)
2. Germany (8.0 units)
3. United States (1.0 units)

Source: IndexBox Market Intelligence Platform