Sri Lanka - Self-Propelled Earth Moving, Excavating Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSelf-Propelled Excavating Machinery Price in Sri Lanka - 2021
Contents:
- Self-Propelled Excavating Machinery Price in Sri Lanka (CIF) - 2022
- Self-Propelled Excavating Machinery Price in Sri Lanka (FOB) - 2022
- Self-Propelled Excavating Machinery Imports in Sri Lanka
- Self-Propelled Excavating Machinery Exports in Sri Lanka
Self-Propelled Excavating Machinery Price in Sri Lanka (CIF) - 2022
The average self-propelled excavating machinery import price stood at $1,334 per unit in 2022, reducing by -6.9% against the previous year. Overall, the import price, however, saw a measured increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 288%. As a result, import price attained the peak level of $3,689 per unit. From 2014 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 Singapore ($4,802 per unit), while the price for the Netherlands ($442 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+0.6%), while the prices for the other major suppliers experienced a decline.
Self-Propelled Excavating Machinery Price in Sri Lanka (FOB) - 2022
The average self-propelled excavating machinery export price stood at $49,281 per unit in 2022, surging by 13% against the previous year. Over the period under review, the export price enjoyed resilient growth. The pace of growth appeared the most rapid in 2016 an increase of 125%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +17.9% per year.
Self-Propelled Excavating Machinery Imports in Sri Lanka
In 2022, approx. 187 units of self-propelled earth moving, excavating machinery were imported into Sri Lanka; rising by 57% against 2021 figures. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 7,850%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, self-propelled excavating machinery imports surged to $250K in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 6,237% against the previous year. As a result, imports reached the peak of $328K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Self-Propelled Excavating Machinery in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 3.2 | 162 | 104 | 169 | 275.2% |
Singapore | 1.2 | 49.5 | 24.7 | 31.2 | 196.2% |
India | N/A | 85.5 | 16.3 | 28.1 | -42.7% |
Italy | 0.2 | 8.7 | 5.6 | 9.1 | 257.0% |
United States | 0.1 | 5.5 | 3.0 | 4.1 | 244.8% |
Netherlands | N/A | 5.4 | 2.9 | 4.0 | -13.9% |
United Kingdom | 0.2 | 6.4 | 2.5 | 1.8 | 108.0% |
Others | 0.2 | 5.4 | 12.1 | 2.2 | 122.4% |
Total | 5.2 | 328 | 171 | 250 | 263.6% |
Top Suppliers of Self-Propelled Excavating Machinery to Sri Lanka in 2022:
- Ireland (138.0 units)
- Italy (19.0 units)
- Netherlands (9.0 units)
- United States (8.0 units)
- Singapore (7.0 units)
- India (2.0 units)
- United Kingdom (1.0 units)
Self-Propelled Excavating Machinery Exports in Sri Lanka
In 2022, approx. 3 units of self-propelled earth moving, excavating machinery were exported from Sri Lanka; waning by -25% on 2021. Overall, exports continue to indicate a deep downturn. Over the period under review, the exports reached the maximum at 4 units in 2021, and then reduced markedly in the following year.
In value terms, self-propelled excavating machinery exports fell to $147K in 2022. The total export value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 16% against the previous year. Over the period under review, the exports attained the maximum at $157K in 2021, and then reduced in the following year.
Export of Self-Propelled Excavating Machinery in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 118 | 136 | 157 | 147 | 7.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 118 | 136 | 157 | 147 | 7.6% |
Top Export Markets for Self-Propelled Excavating Machinery from Sri Lanka in 2022:
- Belgium (3.0 units)
This report provides an in-depth analysis of the self-propelled excavating machinery 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 28922750 - Self-propelled earth moving, excavating... machinery, n.e.c.
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
-
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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