Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Sri Lanka - 2022

Contents:

  1. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Sri Lanka (CIF) - 2022
  2. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Sri Lanka (FOB) - 2022
  3. Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Sri Lanka
  4. Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Sri Lanka

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Sri Lanka (CIF) - 2022

The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $55,501 per ton in 2022, increasing by 46% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $58,813 per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 Denmark ($62,908 per ton), while the price for China ($25,320 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.5%), while the prices for the other major suppliers experienced a decline.

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Sri Lanka (FOB) - 2022

The average export price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $88,440 per ton in 2022, increasing by 16% against the previous year. In general, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 197%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Nepal.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +25.9% per year.

Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Sri Lanka

In 2022, supplies from abroad of pharmaceutical goods; appliances identifiable for ostomy uses decreased by -86.8% to 2.4 tons, falling for the second year in a row after two years of growth. In general, imports recorded a sharp descent. The pace of growth appeared the most rapid in 2020 when imports increased by 21%. As a result, imports attained the peak of 20 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses dropped rapidly to $135K in 2022. Overall, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports attained the peak of $702K, and then dropped notably in the following year.

Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark10932.546.01234.1%
China2.77.12.16.332.6%
Ireland6.07.24.25.3-4.1%
Hungary35.610760.9N/A30.8%
United States303333574N/A37.6%
Singapore39.828.70.7N/A-86.7%
Others48.757.214.21.0-72.6%
Total545572702135-37.2%

Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Sri Lanka in 2022:

  1. Denmark (1953.0 kg)
  2. China (247.0 kg)
  3. Ireland (199.0 kg)
  4. Singapore (1.0 kg)

Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Sri Lanka

In 2022, the amount of pharmaceutical goods; appliances identifiable for ostomy uses exported from Sri Lanka soared to 455 kg, rising by 105% against the previous year. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses soared to $40K in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 278%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NepalN/A21.312.340.137.2%
Japan5.6N/AN/AN/A0%
United KingdomN/AN/A2.4N/A0%
AustraliaN/AN/A1.8N/A0%
OthersN/AN/A0.50.1-80.0%
Total5.621.317.040.292.9%

Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Sri Lanka in 2022:

  1. Nepal (451.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Pharmaceutical goods; appliances identifiable for ostomy use - Sri Lanka