Snow-Ski Equipment Price in Sri Lanka - 2021

Contents:

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

Snow-Ski Equipment Price in Sri Lanka (FOB) - 2022

In 2022, the average snow-ski equipment export price amounted to $2.3 per unit, which is down by -50.5% against the previous year. In general, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2020 an increase of 79% against the previous year. As a result, the export price attained the peak level of $11 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +8.0% per year.

Snow-Ski Equipment Price in Sri Lanka (CIF) - 2022

In 2022, the average snow-ski equipment import price amounted to $2 per unit, dropping by -42.9% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 1,053%. As a result, import price attained the peak level of $21 per unit. From 2019 to 2022, the average import prices remained at a somewhat 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 India ($2.4 per unit), while the price for Hong Kong SAR amounted to $0.8 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.2%), while the prices for the other major suppliers experienced a decline.

Snow-Ski Equipment Exports in Sri Lanka

Snow-ski equipment exports from Sri Lanka surged to 218K units in 2022, growing by 226% against the year before. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 6,337% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, snow-ski equipment exports surged to $493K in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 11,442%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Snow-Ski Equipment in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1.059.4238493690.0%
Saudi ArabiaN/AN/A4.3N/A0%
Others0.394.062.9N/A1348.0%
Total1.3153305493623.8%

Top Export Markets for Snow-Ski Equipment from Sri Lanka in 2022:

  1. Canada (218.2K units)

Snow-Ski Equipment Imports in Sri Lanka

In 2022, approx. 165 units of snow-ski equipment were imported into Sri Lanka; picking up by 22% compared with the previous year's figure. Over the period under review, imports continue to indicate pronounced growth. The most prominent rate of growth was recorded in 2020 when imports increased by 398% against the previous year. As a result, imports attained the peak of 722 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, snow-ski equipment imports fell markedly to $323 in 2022. In general, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 599% against the previous year. As a result, imports reached the peak of $3.5K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Snow-Ski Equipment in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A2.0N/A2921108.3%
Hong Kong SAR3.013.01.031.0117.8%
Germany91.057163.0N/A-16.8%
China30.026.031.0N/A1.7%
United Kingdom2.01,214224N/A958.3%
Japan2.014.01.0N/A-29.3%
Taiwan (Chinese)3401,528122N/A-40.1%
Others36.015321.0N/A-23.6%
Total5043,521463323-13.8%

Top Suppliers of Snow-Ski Equipment to Sri Lanka in 2022:

  1. India (124.0 units)
  2. Hong Kong SAR (40.0 units)

Source: IndexBox Market Intelligence Platform

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