Sri Lanka - Agricultural Forestry Machinery (Lawn Or Sportsground Rollers) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Sri Lanka - Agricultural Forestry Machinery (Lawn Or Sportsground Rollers) - Market Analysis, Forecast, Size, Trends And Insights

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Agricultural Forestry Machinery Price in Sri Lanka - 2021

Contents:

  1. Agricultural Forestry Machinery Price in Sri Lanka (CIF) - 2022
  2. Agricultural Forestry Machinery Price in Sri Lanka (FOB) - 2022
  3. Agricultural Forestry Machinery Imports in Sri Lanka
  4. Agricultural Forestry Machinery Exports in Sri Lanka

Agricultural Forestry Machinery Price in Sri Lanka (CIF) - 2022

In 2022, the average agricultural forestry machinery import price amounted to $2,167 per unit, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2013 when the average import price increased by 20% against the previous year. The import price peaked at $2,313 per unit in 2014; however, from 2015 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 India ($2,230 per unit), while the price for South Korea ($970 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Agricultural Forestry Machinery Price in Sri Lanka (FOB) - 2022

In 2022, the average agricultural forestry machinery export price amounted to $2,277 per unit, increasing by 204% against the previous year. Over the period under review, the export price posted a temperate expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 367%. As a result, the export price reached the peak level of $3,039 per unit. From 2021 to 2022, the average export prices remained 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 Japan amounted to +31.6% per year.

Agricultural Forestry Machinery Imports in Sri Lanka

In 2022, after three years of growth, there was significant decline in overseas purchases of agricultural forestry machinery (lawn or sportsground rollers), when their volume decreased by -91.9% to 160 units. Overall, imports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 101%. As a result, imports reached the peak of 2K units, and then fell sharply in the following year.

In value terms, agricultural forestry machinery imports fell markedly to $347K in 2022. Over the period under review, imports recorded a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 107%. As a result, imports attained the peak of $4.3M, and then dropped notably in the following year.

Import of Agricultural Forestry Machinery in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8351,7913,576191-38.8%
China59.294.893.810721.8%
Japan1.65.27.738.4188.4%
South Korea2.53.34.17.745.5%
Thailand14.1103242N/A314.3%
Others13496.74042.2-74.6%
Total1,0462,0954,327347-30.8%

Top Suppliers of Agricultural Forestry Machinery to Sri Lanka in 2022:

  1. India (86.0 units)
  2. China (48.0 units)
  3. Japan (17.0 units)
  4. South Korea (8.0 units)

Agricultural Forestry Machinery Exports in Sri Lanka

In 2022, approx. less than 0.1 units of agricultural forestry machinery (lawn or sportsground rollers) were exported from Sri Lanka; which is down by 99.9% compared with the year before. In general, exports showed a relatively flat trend pattern. The exports peaked at 1 units in 2021, and then shrank significantly in the following year.

In value terms, agricultural forestry machinery exports soared to $1.1K in 2022. Overall, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2020 when exports increased by 365% against the previous year. As a result, the exports attained the peak of $3K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Agricultural Forestry Machinery in Sri Lanka (USD)
COUNTRY20192020CAGR,
2019-2020
India27638338.8%
Others3782,656602.6%
Total6543,039364.7%

Top Export Markets for Agricultural Forestry Machinery from Sri Lanka in 2022:

  1. India (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the agricultural forestry 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 28303900 - Agricultural... forestry machinery, n.e.c., lawn or sportsground rollers

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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