Rangefinders Price in Sri Lanka - 2021

Contents:

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

Rangefinders Price in Sri Lanka (CIF) - 2022

In 2022, the average rangefinders import price amounted to $59 per unit, leveling off at the previous year. Overall, the import price, however, saw a slight increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 212%. Over the period under review, average import prices reached the peak figure at $79 per unit in 2015; however, from 2016 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 Hong Kong SAR ($128 per unit), while the price for Germany ($29 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+446.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Rangefinders Price in Sri Lanka (FOB) - 2022

The average rangefinders export price stood at $1,033 per unit in 2022, surging by 6,499% against the previous year. Over the period under review, the export price showed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 the United Arab Emirates ($1,722 per unit), while the average price for exports to Maldives ($43 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 India (+4,429.2%), while the prices for the other major destinations experienced more modest paces of growth.

Rangefinders Imports in Sri Lanka

In 2022, the amount of rangefinderses imported into Sri Lanka contracted sharply to 254 units, falling by -87.6% against the previous year's figure. Over the period under review, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 291% against the previous year. As a result, imports reached the peak of 2.1K units, and then contracted notably in the following year.

In value terms, rangefinders imports fell markedly to $15K in 2022. In general, imports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 241% against the previous year. As a result, imports attained the peak of $122K, and then dropped remarkably in the following year.

Import of Rangefinders in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.40.25.87.171.8%
Germany1.30.42.34.551.3%
CanadaN/A1.5N/A1.0-18.4%
Hong Kong SARN/AN/A9.50.7-92.6%
India10.910.143.30.6-62.0%
HungaryN/AN/AN/A0.60%
Singapore0.10.50.10.458.7%
China1.11.312.60.1-55.0%
Denmark1.62.04.6N/A69.6%
Norway16.015.328.1N/A32.5%
Switzerland1.20.41.7N/A19.0%
Malaysia9.53.19.6N/A0.5%
United Arab Emirates0.3N/A0.2N/A-18.4%
Others3.50.94.0N/A6.9%
Total46.835.712214.9-31.7%

Top Suppliers of Rangefinders to Sri Lanka in 2022:

  1. Germany (152.0 units)
  2. United States (59.0 units)
  3. India (10.0 units)
  4. Canada (9.0 units)
  5. Singapore (9.0 units)
  6. Hungary (6.0 units)
  7. Hong Kong SAR (6.0 units)
  8. China (3.0 units)

Rangefinders Exports in Sri Lanka

In 2022, shipments abroad of rangefinderses decreased by -72.7% to 6 units, falling for the second year in a row after two years of growth. Over the period under review, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 3.8%. As a result, the exports attained the peak of 27 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, rangefinders exports soared to $6K in 2022. Overall, exports, however, saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Rangefinders in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A3,5810%
SingaporeN/AN/A136368170.6%
IndiaN/AN/A2.01698350.0%
Maldives3503781.044.0-49.9%
GermanyN/AN/A149N/A0%
OthersN/AN/A63.01,8652860.3%
Total3503783516,027158.2%

Top Export Markets for Rangefinders from Sri Lanka in 2022:

  1. United Arab Emirates (2.0 units)
  2. India (2.0 units)
  3. Maldives (1.0 units)
  4. Singapore (1.0 units)

Source: IndexBox Market Intelligence Platform

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