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Sri Lanka - Radio Navigational Aid Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSri Lanka: Radio Navigation Apparatus Market 2024
Radio Navigation Apparatus Market Size in Sri Lanka
The Sri Lankan radio navigation apparatus market surged to $X in 2021, growing by 15% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.
Radio Navigation Apparatus Production in Sri Lanka
In value terms, radio navigation apparatus production skyrocketed to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 68%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.
Radio Navigation Apparatus Exports
Exports from Sri Lanka
After two years of growth, overseas shipments of radio navigational aid apparatus decreased by -40.3% to X kg in 2021. In general, exports faced a drastic downturn. The pace of growth was the most pronounced in 2013 when exports increased by 1,010% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, radio navigation apparatus exports plummeted to $X in 2021. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 977% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
Germany (X kg) was the main destination for radio navigation apparatus exports from Sri Lanka, accounting for a 41% share of total exports. Moreover, radio navigation apparatus exports to Germany exceeded the volume sent to the second major destination, Seychelles (X kg), threefold. The third position in this ranking was taken by Maldives (X kg), with a 10% share.
From 2012 to 2021, the average annual growth rate of volume to Germany stood at -14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Seychelles (+26.4% per year) and Maldives (+30.5% per year).
In value terms, Germany ($X) remains the key foreign market for radio navigational aid apparatus exports from Sri Lanka, comprising 53% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with an 8.9% share of total exports. It was followed by France, with a 7.8% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to -14.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-1.7% per year) and France (+198.9% per year).
Export Prices by Country
The average radio navigation apparatus export price stood at $X per ton in 2021, with an increase of 25% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 an increase of 47%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+322.3%), while the prices for the other major destinations experienced more modest paces of growth.
Radio Navigation Apparatus Imports
Imports into Sri Lanka
In 2021, the amount of radio navigational aid apparatus imported into Sri Lanka shrank to X tons, falling by -5.4% against 2020. Over the period under review, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2017 when imports increased by 153% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.
In value terms, radio navigation apparatus imports soared to $X in 2021. In general, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by 145%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
China (X tons), France (X tons) and the United States (X tons) were the main suppliers of radio navigation apparatus imports to Sri Lanka, together accounting for 83% of total imports. Slovenia and the UK lagged somewhat behind, together comprising a further 9.7%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +2,375.9%), while imports for the other leaders experienced more modest paces of growth.
In value terms, France ($X) constituted the largest supplier of radio navigational aid apparatus to Sri Lanka, comprising 36% of total imports. The second position in the ranking was taken by the United States ($X), with a 14% share of total imports. It was followed by China, with an 8% share.
From 2012 to 2021, the average annual growth rate of value from France stood at +22.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+17.3% per year) and China (+24.7% per year).
Import Prices by Country
In 2021, the average radio navigation apparatus import price amounted to $X per ton, picking up by 38% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.3%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the radio navigation apparatus 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 26512050 - Radio navigational aid apparatus (including radio beacons and radio buoys, receivers, radio compasses equipped with multiple aerials or with a directional frame aerial)
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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