Sri Lanka - Agricultural Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAgricultural Appliance Price in Sri Lanka - 2021
Contents:
- Agricultural Appliance Price in Sri Lanka (CIF) - 2022
- Agricultural Appliance Price in Sri Lanka (FOB) - 2022
- Agricultural Appliance Imports in Sri Lanka
- Agricultural Appliance Exports in Sri Lanka
Agricultural Appliance Price in Sri Lanka (CIF) - 2022
In 2022, the average agricultural appliance import price amounted to $1.5 per unit, which is down by -27% against the previous year. In general, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 78% against the previous year. Over the period under review, average import prices reached the maximum at $9.9 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($10 per unit), while the price for China ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-2.6%), while the prices for the other major suppliers experienced a decline.
Agricultural Appliance Price in Sri Lanka (FOB) - 2022
In 2022, the average agricultural appliance export price amounted to $2 per unit, reducing by -2.3% against the previous year. Over the period under review, the export price recorded a perceptible slump. The pace of growth was the most pronounced in 2020 an increase of 145%. Over the period under review, the average export prices reached the maximum at $5.9 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -3.0% per year.
Agricultural Appliance Imports in Sri Lanka
In 2022, the amount of agricultural appliances imported into Sri Lanka surged to 1.1M units, increasing by 38% on the previous year. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 256%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, agricultural appliance imports reached $1.6M in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 116% against the previous year. As a result, imports reached the peak of $1.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Agricultural Appliance in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 326 | 612 | 768 | 704 | 29.3% |
Israel | 111 | 735 | 47.2 | 275 | 35.3% |
India | 61.5 | 167 | 297 | 272 | 64.1% |
Austria | 94.5 | 86.1 | 165 | 152 | 17.2% |
Others | 241 | 199 | 291 | 173 | -10.5% |
Total | 834 | 1,799 | 1,568 | 1,576 | 23.6% |
Top Suppliers of Agricultural Appliance to Sri Lanka in 2022:
- China (778.0K units)
- India (162.8K units)
- Israel (83.2K units)
- Austria (14.7K units)
Agricultural Appliance Exports in Sri Lanka
In 2022, exports of agricultural appliances from Sri Lanka surged to 132K units, rising by 476% on the year before. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, agricultural appliance exports skyrocketed to $262K in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Agricultural Appliance in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Maldives | 7.7 | N/A | 46.6 | 262 | 224.0% |
Thailand | 0.6 | N/A | N/A | N/A | 0% |
Tanzania | N/A | 16.8 | N/A | N/A | 0% |
Israel | N/A | 2.9 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 8.3 | 19.6 | 46.6 | 262 | 216.0% |
Top Export Markets for Agricultural Appliance from Sri Lanka in 2022:
- Maldives (132.4K units)
This report provides an in-depth analysis of the agricultural appliance 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 28306010 - Agricultural or horticultural watering appliances
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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