Sri Lanka - Dryers For The Treatment Of Agricultural Products - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 6, 2024

Sri Lanka - Dryers For The Treatment Of Agricultural Products - Market Analysis, Forecast, Size, Trends And Insights

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Agricultural Product Dryer Price in Sri Lanka - 2021

Contents:

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

Agricultural Product Dryer Price in Sri Lanka (CIF) - 2022

In 2022, the average agricultural product dryer import price amounted to $5,796 per unit, waning by -62.2% against the previous year. In general, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 45%. As a result, import price attained the peak level of $26,352 per unit. From 2018 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 India ($11,463 per unit), while the price for South Africa ($103 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Agricultural Product Dryer Price in Sri Lanka (FOB) - 2022

In 2022, the average agricultural product dryer export price amounted to $18,376 per unit, surging by 16% against the previous year. In general, the export price posted a significant increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 327% against the previous year. Over the period under review, the average export prices hit record highs at $25,347 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($34,982 per unit), while the average price for exports to Cote d'Ivoire stood at $3,254 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+44.1%), while the prices for the other major destinations experienced mixed trend patterns.

Agricultural Product Dryer Imports in Sri Lanka

In 2022, supplies from abroad of dryers for the treatment of agricultural products decreased by -59.1% to 65 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 285% against the previous year. Imports peaked at 159 units in 2021, and then reduced sharply in the following year.

In value terms, agricultural product dryer imports shrank remarkably to $377K in 2022. Overall, imports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 183% against the previous year. As a result, imports attained the peak of $2.7M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Agricultural Product Dryer in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13536576.01646.7%
India4268291,01191.7-40.1%
Japan27.324.534.573.439.1%
Hong Kong SAR0.31.82.636.4395.1%
South AfricaN/AN/AN/A0.10%
Germany179375196N/A4.6%
AustriaN/A1.1N/AN/A0%
Italy4.9222371N/A770.1%
Others18087675211.4-60.1%
Total9522,6942,444377-26.6%

Top Suppliers of Agricultural Product Dryer to Sri Lanka in 2022:

  1. Hong Kong SAR (24.0 units)
  2. China (22.0 units)
  3. Japan (10.0 units)
  4. India (8.0 units)
  5. South Africa (1.0 units)

Agricultural Product Dryer Exports in Sri Lanka

In 2022, after three years of growth, there was significant decline in overseas shipments of dryers for the treatment of agricultural products, when their volume decreased by -50% to 2 units. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 300% against the previous year. As a result, the exports attained the peak of 4 units, and then declined sharply in the following year.

In value terms, agricultural product dryer exports declined notably to $39K in 2022. In general, exports, however, showed a temperate expansion. The growth pace was the most rapid in 2021 with an increase of 674%. As a result, the exports reached the peak of $68K, and then dropped remarkably in the following year.

Export of Agricultural Product Dryer in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar16.58.238.635.028.5%
Cote d'Ivoire1.30.73.63.640.4%
EthiopiaN/AN/A26.1N/A0%
Others17.7N/AN/AN/A0%
Total35.48.868.338.62.9%

Top Export Markets for Agricultural Product Dryer from Sri Lanka in 2022:

  1. Cote d'Ivoire (1.0 units)
  2. Myanmar (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the agricultural product dryer 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 28931600 - Dryers for the treatment of agricultural products by a process involving a change in temperature

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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