Amplifiers; Audio-Frequency Electric Price in Sri Lanka - 2021

Contents:

  1. Amplifiers; Audio-Frequency Electric Price in Sri Lanka (CIF) - 2022
  2. Amplifiers; Audio-Frequency Electric Price in Sri Lanka (FOB) - 2022
  3. Amplifiers; Audio-Frequency Electric Imports in Sri Lanka
  4. Amplifiers; Audio-Frequency Electric Exports in Sri Lanka

Amplifiers; Audio-Frequency Electric Price in Sri Lanka (CIF) - 2022

The average amplifiers; audio-frequency electric import price stood at $26 per unit in 2022, declining by -5.5% against the previous year. Overall, the import price saw a mild reduction. The growth pace was the most rapid in 2014 an increase of 73%. As a result, import price attained the peak level of $64 per unit. From 2015 to 2022, the average import prices remained at a 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 Hong Kong SAR ($124 per unit), while the price for China ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Amplifiers; Audio-Frequency Electric Price in Sri Lanka (FOB) - 2022

The average amplifiers; audio-frequency electric export price stood at $429 per unit in 2022, growing by 98% against the previous year. In general, the export price posted significant growth. The most prominent rate of growth was recorded in 2013 an increase of 355%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($1,831 per unit), while the average price for exports to the Dominican Republic ($27 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+77.2%).

Amplifiers; Audio-Frequency Electric Imports in Sri Lanka

After three years of growth, purchases abroad of amplifiers; audio-frequency electrics decreased by -58% to 12K units in 2022. Overall, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. Imports peaked at 30K units in 2021, and then contracted significantly in the following year.

In value terms, amplifiers; audio-frequency electric imports reduced sharply to $322K in 2022. In general, imports recorded a significant decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. As a result, imports attained the peak of $812K, and then contracted rapidly in the following year.

Import of Amplifiers; Audio-Frequency Electric in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China258464299173-12.5%
India23.428.617851.930.4%
Singapore36.312.79.31.5-65.4%
Others36919632695.9-36.2%
Total687701812322-22.3%

Top Suppliers of Amplifiers; Audio-Frequency Electric to Sri Lanka in 2022:

  1. Singapore (undefinedK units)
  2. China (10.4K units)
  3. India (1.6K units)

Amplifiers; Audio-Frequency Electric Exports in Sri Lanka

In 2022, amplifiers; audio-frequency electric exports from Sri Lanka amounted to 99 units, with an increase of 3.1% compared with the previous year's figure. In general, exports, however, saw a sharp decline. The growth pace was the most rapid in 2021 when exports increased by 465%. Over the period under review, the exports attained the peak figure at 370 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, amplifiers; audio-frequency electric exports skyrocketed to $42K in 2022. Overall, exports, however, recorded a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 667% against the previous year. The exports peaked at $110K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Amplifiers; Audio-Frequency Electric in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives5.90.410.236.683.7%
HaitiN/AN/AN/A3.80%
Dominican RepublicN/AN/AN/A2.10%
Switzerland2.50.12.5N/A0.0%
Seychelles0.4N/A0.4N/A0.0%
Ethiopia5.80.21.3N/A-52.7%
United Kingdom0.5N/A0.4N/A-10.6%
India79.31.6N/AN/A-98.0%
United Arab Emirates1.40.11.2N/A-7.4%
Bahrain1.50.12.1N/A18.3%
Others12.90.22.7N/A-54.3%
Total1102.720.842.5-27.2%

Top Export Markets for Amplifiers; Audio-Frequency Electric from Sri Lanka in 2022:

  1. Dominican Republic (75.0 units)
  2. Maldives (20.0 units)
  3. Haiti (4.0 units)

Source: IndexBox Market Intelligence Platform

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