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Sri Lanka - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTruck Crane Price in Sri Lanka - 2021
Contents:
- Truck Crane Price in Sri Lanka (CIF) - 2022
- Truck Crane Price in Sri Lanka (FOB) - 2022
- Truck Crane Imports in Sri Lanka
- Truck Crane Exports in Sri Lanka
Truck Crane Price in Sri Lanka (CIF) - 2022
In 2021, the average truck crane import price amounted to $11,100 per unit, dropping by -16.5% against the previous year. Over the period under review, the import price recorded a noticeable shrinkage. The growth pace was the most rapid in 2019 an increase of 39% against the previous year. The import price peaked at $14,003 per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($356,743 per unit), while the price for India ($81,267 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Truck Crane Price in Sri Lanka (FOB) - 2022
The average truck crane export price stood at $22,041 per unit in 2021, with an increase of 31% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, truck crane export price increased by +98.0% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Ghana.
From 2012 to 2021, the rate of growth in terms of prices for Maldives amounted to +9.4% per year.
Truck Crane Imports in Sri Lanka
In 2022, approx. 68 units of truck cranes were imported into Sri Lanka; waning by -40.4% on the previous year. Overall, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 443%. As a result, imports attained the peak of 114 units, and then dropped remarkably in the following year.
In value terms, truck crane imports reduced remarkably to $772K in 2022. In general, imports showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 353%. As a result, imports reached the peak of $1.3M, and then shrank remarkably in the following year.
Import of Truck Crane in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
China | 328 | 108 | 1,043 | 78.3% | |
Sudan | N/A | N/A | 193 | 0% | |
India | 77.9 | 2.6 | 30.0 | -37.9% | |
Japan | 203 | 81.7 | N/A | -59.8% | |
United Arab Emirates | 1.9 | 1.3 | N/A | -31.6% | |
Australia | 9.4 | 2.7 | N/A | -71.3% | |
Others | 202 | 82.8 | N/A | -59.0% | |
Total | 823 | 279 | 1,265 | 24.0% |
Top Suppliers of Truck Crane to Sri Lanka in 2022:
- China (3.0 units)
- Sudan (1.0 units)
Truck Crane Exports in Sri Lanka
In 2022, after two years of decline, there was significant growth in shipments abroad of truck cranes, when their volume increased by 50% to 3 units. Over the period under review, exports, however, recorded a sharp contraction. Over the period under review, the exports attained the peak figure at 6 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, truck crane exports skyrocketed to $56K in 2022. In general, exports, however, showed a abrupt curtailment. The exports peaked at $83K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Truck Crane in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Ghana | N/A | N/A | 44.1 | 0% | |
India | 21.0 | 15.4 | N/A | -26.7% | |
Maldives | 61.9 | 51.8 | N/A | -16.3% | |
Others | N/A | N/A | N/A | 0% | |
Total | 82.9 | 67.2 | 44.1 | -27.1% |
Top Export Markets for Truck Crane from Sri Lanka in 2022:
- Ghana (1.0 units)
This report provides an in-depth analysis of the truck crane market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29105100 - Crane lorries
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for truck cranes in 2023 and discover the key countries driving the global demand for these essential pieces of equipment.
In 2016, approx. X tons of crane were imported worldwide- lowering by -X% against the previous year level. In general, crane imports continue to indicate a mild setback. The most prominent rate...
In 2016, approx. X tons of crane were imported worldwide- lowering by -X% against the previous year level. In general, crane imports continue to indicate a mild setback. The most prominent rate...
Explore the top import markets for road-sweepers, mobile workshops, and other special purpose vehicles based on import values in 2023. Discover the key countries driving the global market for specialized vehicles.
Explore the top import markets for truck cranes in 2023 and discover the key countries driving the global demand for these essential pieces of equipment.
In 2016, approx. X tons of crane were imported worldwide- lowering by -X% against the previous year level. In general, crane imports continue to indicate a mild setback. The most prominent rate...
In 2016, approx. X tons of crane were imported worldwide- lowering by -X% against the previous year level. In general, crane imports continue to indicate a mild setback. The most prominent rate...
Explore the top import markets for road-sweepers, mobile workshops, and other special purpose vehicles based on import values in 2023. Discover the key countries driving the global market for specialized vehicles.