Rafts; Inflatable Price in Sri Lanka - 2021

Contents:

  1. Rafts; Inflatable Price in Sri Lanka (CIF) - 2022
  2. Rafts; Inflatable Price in Sri Lanka (FOB) - 2022
  3. Rafts; Inflatable Imports in Sri Lanka
  4. Rafts; Inflatable Exports in Sri Lanka

Rafts; Inflatable Price in Sri Lanka (CIF) - 2022

In 2022, the average rafts; inflatable import price amounted to $1,144 per unit, which is down by -45.3% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2016 an increase of 100% against the previous year. Over the period under review, average import prices reached the maximum at $4,212 per unit in 2017; however, from 2018 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 the United States ($4,331 per unit), while the price for India ($305 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+622.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Rafts; Inflatable Price in Sri Lanka (FOB) - 2022

The average rafts; inflatable export price stood at $529 per unit in 2022, declining by -48.7% against the previous year. In general, the export price, however, recorded mild growth. The growth pace was the most rapid in 2013 when the average export price increased by 217%. As a result, the export price attained the peak level of $1,439 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Seychelles amounted to +105.2% per year.

Rafts; Inflatable Imports in Sri Lanka

In 2022, supplies from abroad of rafts; inflatables was finally on the rise to reach 99 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a deep setback. Over the period under review, imports reached the maximum at 137 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, rafts; inflatable imports surged to $113K in 2022. In general, imports, however, faced a dramatic setback. Over the period under review, imports attained the peak figure at $514K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Rafts; Inflatable in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States21268.818.852.0-37.4%
China15.711.76.449.746.8%
India3.80.40.29.837.1%
Thailand9.00.52.4N/A-48.4%
Germany1563.712.3N/A-71.9%
France8.364.925.4N/A74.9%
Japan38.7N/AN/AN/A0%
United Arab Emirates9.62.3N/AN/A-76.0%
Singapore6.91.60.1N/A-88.0%
Others55.241.95.41.8-68.1%
Total51419671.0113-39.6%

Top Suppliers of Rafts; Inflatable to Sri Lanka in 2022:

  1. China (54.0 units)
  2. India (32.0 units)
  3. United States (12.0 units)

Rafts; Inflatable Exports in Sri Lanka

In 2022, rafts; inflatable exports from Sri Lanka reduced sharply to 2 units, which is down by -77.8% against the year before. Over the period under review, exports faced a dramatic slump. The pace of growth was the most pronounced in 2021 when exports increased by 200% against the previous year. As a result, the exports reached the peak of 9 units, and then reduced rapidly in the following year.

In value terms, rafts; inflatable exports shrank significantly to $1.1K in 2022. In general, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 130% against the previous year. As a result, the exports attained the peak of $9.3K, and then plummeted in the following year.

Export of Rafts; Inflatable in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MaldivesN/A0.31.31.191.5%
Spain0.2N/AN/AN/A0%
United KingdomN/AN/A3.5N/A0%
Singapore0.13.84.4N/A563.3%
Pakistan2.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.74.09.31.1-25.9%

Top Export Markets for Rafts; Inflatable from Sri Lanka in 2022:

  1. Maldives (2.0 units)

Source: IndexBox Market Intelligence Platform

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