Pumps; Parts Thereof Price in Sri Lanka - 2021
Contents:
- Pumps; Parts Thereof Price in Sri Lanka (CIF) - 2022
- Pumps; Parts Thereof Price in Sri Lanka (FOB) - 2022
- Pumps; Parts Thereof Imports in Sri Lanka
- Pumps; Parts Thereof Exports in Sri Lanka
Pumps; Parts Thereof Price in Sri Lanka (CIF) - 2022
In 2022, the average pumps; parts thereof import price amounted to $18,002 per ton, falling by -4.9% against the previous year. Overall, the import price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 119%. The import price peaked at $29,935 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($81,442 per ton), while the price for China ($7,319 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Price in Sri Lanka (FOB) - 2022
In 2022, the average pumps; parts thereof export price amounted to $3,512 per ton, declining by -74.2% against the previous year. In general, the export price showed a precipitous setback. The pace of growth was the most pronounced in 2020 an increase of 114%. The export price peaked at $49,798 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($17,577 per ton), while the average price for exports to Mozambique ($37 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+14.1%), while the prices for the other major destinations experienced a decline.
Pumps; Parts Thereof Imports in Sri Lanka
In 2022, purchases abroad of pumps; parts thereoves decreased by -44.9% to 166 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 23%. As a result, imports attained the peak of 383 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, pumps; parts thereof imports fell markedly to $3M in 2022. In general, imports showed a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, imports reached the peak of $8.5M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Pumps; Parts Thereof in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1,103 | 1,629 | 1,289 | 761 | -11.6% |
China | 1,858 | 2,362 | 943 | 678 | -28.5% |
Germany | 693 | 1,675 | 791 | 292 | -25.0% |
Singapore | 169 | 453 | 708 | 187 | 3.4% |
Italy | 197 | 197 | 317 | 163 | -6.1% |
Japan | 190 | 289 | 474 | 132 | -11.4% |
Others | 1,827 | 1,870 | 1,178 | 773 | -24.9% |
Total | 6,036 | 8,476 | 5,700 | 2,986 | -20.9% |
Top Suppliers of Pumps; Parts Thereof to Sri Lanka in 2022:
- China (92.6 tons)
- India (41.3 tons)
- Singapore (3.9 tons)
- Germany (3.6 tons)
- Japan (3.5 tons)
- Italy (2.5 tons)
Pumps; Parts Thereof Exports in Sri Lanka
In 2022, shipments abroad of pumps; parts thereoves was finally on the rise to reach 3.9 tons after two years of decline. Overall, exports, however, continue to indicate a dramatic shrinkage.
In value terms, pumps; parts thereof exports reduced markedly to $14K in 2022. In general, exports, however, recorded a dramatic decrease.
Export of Pumps; Parts Thereof in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 24.0 | 1.4 | N/A | 7.2 | -33.1% |
Maldives | 117 | N/A | 0.6 | 5.6 | -63.7% |
Oman | 32.3 | 11.8 | 12.9 | 0.1 | -85.4% |
Indonesia | N/A | N/A | N/A | 0.1 | 0% |
Mozambique | N/A | N/A | N/A | 0.1 | 0% |
Malaysia | 122 | 1.2 | 0.3 | N/A | -95.0% |
France | 53.5 | N/A | N/A | N/A | 0% |
Ghana | 19.0 | N/A | N/A | N/A | 0% |
Others | 102 | 94.0 | 5.7 | 0.3 | -85.7% |
Total | 469 | 108 | 19.5 | 13.6 | -69.3% |
Top Export Markets for Pumps; Parts Thereof from Sri Lanka in 2022:
- Mozambique (2695.0 kg)
- Maldives (573.0 kg)
- Singapore (411.0 kg)
- Indonesia (148.0 kg)
- Oman (15.0 kg)
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Discover the top import markets for pumps for liquids in the world, including countries like the United States, Germany, and China. Explore key statistics and insights from the IndexBox market intelligence platform.
Looking to learn more about the future of water pumps and the market forecast? This article covers the latest trends and predictions for the water pump industry, with insights from an IndexBox report. Discover what's in store for this crucial market and what factors will drive its growth in the coming years.
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