Sri Lanka - Ski-Suits of Knitted or Crocheted Textiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSri Lanka: Knitted Ski-Suit Market 2024
Knitted Ski-Suit Market Size in Sri Lanka
The Sri Lankan knitted ski-suit market reduced dramatically to $X in 2023, declining by X% against the previous year. Over the period under review, consumption saw a drastic downturn. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.
Knitted Ski-Suit Production in Sri Lanka
In value terms, knitted ski-suit production rose modestly to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Knitted ski-suit production peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.
Knitted Ski-Suit Exports
Exports from Sri Lanka
For the third consecutive year, Sri Lanka recorded growth in shipments abroad of ski-suits of knitted or crocheted textiles, which increased by X% to X units in 2023. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are expected to retain growth in years to come.
In value terms, knitted ski-suit exports surged to $X in 2023. In general, exports posted a significant expansion. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked in 2023 and are expected to retain growth in the near future.
Exports by Country
Hong Kong SAR (X units) was the main destination for knitted ski-suit exports from Sri Lanka, accounting for a X% share of total exports. Moreover, knitted ski-suit exports to Hong Kong SAR exceeded the volume sent to the second major destination, Australia (X units), twofold. The third position in this ranking was taken by the UK (X units), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Hong Kong SAR amounted to X.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and the UK (X% per year).
In value terms, Hong Kong SAR ($X), Australia ($X) and the UK ($X) were the largest markets for knitted ski-suit exported from Sri Lanka worldwide, with a combined X% share of total exports. The United States, Japan, the United Arab Emirates, China, Germany and Ireland lagged somewhat behind, together comprising a further X%.
Among the main countries of destination, Japan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the average knitted ski-suit export price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Ireland ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.
Knitted Ski-Suit Imports
Imports into Sri Lanka
In 2023, imports of ski-suits of knitted or crocheted textiles into Sri Lanka reduced dramatically to X units, with a decrease of X% compared with the year before. Overall, imports saw a abrupt descent. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2023, imports remained at a lower figure.
In value terms, knitted ski-suit imports fell dramatically to $X in 2023. Over the period under review, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2023, imports failed to regain momentum.
Imports by Country
The UK (X units), China (X units) and India (X units) were the main suppliers of knitted ski-suit imports to Sri Lanka, with a combined X% share of total imports.
From 2012 to 2023, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, the UK ($X) constituted the largest supplier of ski-suits of knitted or crocheted textiles to Sri Lanka, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Ethiopia, with a X% share.
From 2012 to 2023, the average annual growth rate of value from the UK stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Ethiopia (X% per year).
Import Prices by Country
The average knitted ski-suit import price stood at $X per unit in 2023, increasing by X% against the previous year. In general, the import price recorded mild growth. The import price peaked at $X per unit in 2020; however, from 2021 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for India ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the knitted ski-suit 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 14191230 - Ski-suits, of knitted or crocheted textiles
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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