Price for Prefabricated Buildings of Wood in Sri Lanka - 2021
Contents:
- Price for Prefabricated Buildings of Wood in Sri Lanka (CIF) - 2022
- Imports of Prefabricated Buildings of Wood in Sri Lanka
Price for Prefabricated Buildings of Wood in Sri Lanka (CIF) - 2022
In 2022, the average prefabricated buildings of wood import price amounted to $29,125 per unit, surging by 23% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prefabricated buildings of wood import price increased by +68.6% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 36%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
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 India amounted to -43.9% per year.
Imports of Prefabricated Buildings of Wood in Sri Lanka
In 2022, imports of prefabricated buildings of wood into Sri Lanka fell markedly to 2 units, with a decrease of -33.3% compared with 2021 figures. In general, imports recorded a dramatic decline. Over the period under review, imports hit record highs at 22 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, prefabricated buildings of wood imports fell sharply to $58K in 2022. Overall, imports continue to indicate a dramatic curtailment. Over the period under review, imports hit record highs at $380K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Prefabricated Buildings of Wood in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 303 | 72.8 | 5.5 | 0.1 | -93.1% |
| Vietnam | 73.1 | N/A | N/A | N/A | 0% |
| Indonesia | N/A | 12.7 | N/A | N/A | 0% |
| Others | 3.9 | 1.4 | 65.7 | 58.2 | 146.2% |
| Total | 380 | 86.9 | 71.1 | 58.3 | -46.5% |
Top Suppliers of Prefabricated Buildings of Wood to Sri Lanka in 2022:
- India (2.0 units)
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