Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Sri Lanka - 2022
Contents:
- Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Sri Lanka (CIF) - 2022
- Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Sri Lanka (FOB) - 2022
- Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Sri Lanka
- Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Sri Lanka
Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Sri Lanka (CIF) - 2022
In 2022, the average import price for railway or tramway sleepers (cross-ties) of wood amounted to $254 per cubic meter, waning by -21.7% against the previous year. Over the period under review, the import price, however, showed modest growth. The growth pace was the most rapid in 2013 an increase of 68% against the previous year. The import price peaked at $632 per cubic meter in 2019; however, from 2020 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 Malaysia ($733 per cubic meter), while the price for India totaled $85 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+31.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Sri Lanka (FOB) - 2022
In 2022, the average export price for railway or tramway sleepers (cross-ties) of wood amounted to $207 per cubic meter, approximately reflecting the previous year. Overall, the export price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2015 when the average export price increased by 79%. The export price peaked at $765 per cubic meter in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -8.3% per year.
Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Sri Lanka
In 2022, imports of railway or tramway sleepers (cross-ties) of wood into Sri Lanka soared to 192 cubic meters, with an increase of 149% on 2021. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of railway or tramway sleepers (cross-ties) of wood surged to $49K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Railway or Tramway Sleepers (Cross-Ties) of Wood in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 33.6 | 29.5 | 20.3 | 36.6 | 2.9% |
| India | 0.7 | 0.9 | 3.6 | 12.1 | 158.6% |
| Others | 1.6 | 1.5 | 1.0 | N/A | -20.9% |
| Total | 36.0 | 31.9 | 25.0 | 48.7 | 10.6% |
Top Suppliers of Railway or Tramway Sleepers (Cross-Ties) of Wood to Sri Lanka in 2022:
- India (142.0 cubic meters)
- Malaysia (50.0 cubic meters)
Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Sri Lanka
For the fourth year in a row, Sri Lanka recorded growth in shipments abroad of railway or tramway sleepers (cross-ties) of wood, which increased by 96% to 161 cubic meters in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 340% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of railway or tramway sleepers (cross-ties) of wood surged to $33K in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 127% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Railway or Tramway Sleepers (Cross-Ties) of Wood in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 4.8 | 10.3 | 16.9 | 33.4 | 90.9% |
| Others | N/A | 0.5 | N/A | N/A | 0% |
| Total | 4.8 | 10.8 | 16.9 | 33.4 | 90.9% |
Top Export Markets for Railway or Tramway Sleepers (Cross-Ties) of Wood from Sri Lanka in 2022:
- Singapore (161.0 cubic meters)
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This report provides an in-depth analysis of the railway sleeper market in Sri Lanka.
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In 2016, approx. X tons of railway sleeper were imported worldwide- moving up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007...
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The U.S. continued its dominance in the global wooden railway or tramway sleepers (cross-ties) trade. In 2014, the U.S. exported X thousand tons of wooden railway or tramway sleepers (cross-ties), totaling X million USD, X% over the previous yea
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In 2016, approx. X tons of railway sleeper were imported worldwide- moving up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007...
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In 2016, approx. X tons of railway sleeper were imported worldwide- moving up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007...
1251
The U.S. continued its dominance in the global wooden railway or tramway sleepers (cross-ties) trade. In 2014, the U.S. exported X thousand tons of wooden railway or tramway sleepers (cross-ties), totaling X million USD, X% over the previous yea
