Sri Lanka - Electro-Magnetic Couplings, Clutches And Brakes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sri Lanka - Electro-Magnetic Couplings, Clutches And Brakes - Market Analysis, Forecast, Size, Trends And Insights

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Electro-Magnetic Coupling Price in Sri Lanka - 2021

Contents:

  1. Electro-Magnetic Coupling Price in Sri Lanka (CIF) - 2022
  2. Electro-Magnetic Coupling Price in Sri Lanka (FOB) - 2022
  3. Electro-Magnetic Coupling Imports in Sri Lanka
  4. Electro-Magnetic Coupling Exports in Sri Lanka

Electro-Magnetic Coupling Price in Sri Lanka (CIF) - 2022

The average electro-magnetic coupling import price stood at $22,288 per ton in 2022, waning by -2.3% against the previous year. Over the period under review, the import price recorded a pronounced decrease. The growth pace was the most rapid in 2018 when the average import price increased by 60%. Over the period under review, average import prices attained the peak figure at $34,029 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Singapore ($166,396 per ton), while the price for China ($5,870 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Electro-Magnetic Coupling Price in Sri Lanka (FOB) - 2022

The average electro-magnetic coupling export price stood at $1,000 per ton in 2022, reducing by -96.6% against the previous year. Overall, the export price recorded a significant decrease. The pace of growth was the most pronounced in 2016 when the average export price increased by 101% against the previous year. The export price peaked at $86,965 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -4.8% per year.

Electro-Magnetic Coupling Imports in Sri Lanka

In 2022, the amount of electro-magnetic couplings, clutches and brakes imported into Sri Lanka declined to 8.3 tons, with a decrease of -11% against the previous year's figure. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 65% against the previous year. As a result, imports reached the peak of 9.3 tons, and then declined in the following year.

In value terms, electro-magnetic coupling imports declined to $185K in 2022. Over the period under review, imports showed a pronounced decrease. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $213K, and then declined in the following year.

Import of Electro-Magnetic Coupling in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan37.836.565.052.911.9%
Germany21.854.145.748.930.9%
China9.73.819.613.210.8%
India13.76.916.28.9-13.4%
Taiwan (Chinese)8.96.87.87.8-4.3%
France0.2N/A2.33.1149.3%
United Kingdom21.50.32.50.1-83.3%
Malaysia28.117.18.9N/A-43.7%
Others59.151.544.749.9-5.5%
Total201177213185-2.7%

Top Suppliers of Electro-Magnetic Coupling to Sri Lanka in 2022:

  1. United Kingdom (undefined tons)
  2. Japan (4.2 tons)
  3. China (2.2 tons)
  4. France (0.5 tons)
  5. India (0.4 tons)
  6. Germany (0.3 tons)
  7. Taiwan (Chinese) (0.2 tons)

Electro-Magnetic Coupling Exports in Sri Lanka

In 2022, after three years of growth, there was significant decline in shipments abroad of electro-magnetic couplings, clutches and brakes, when their volume decreased by -94.7% to 1 kg. Overall, exports saw a precipitous decrease. The growth pace was the most rapid in 2020 with an increase of 100% against the previous year.

In value terms, electro-magnetic coupling exports declined remarkably to $1 in 2022. Over the period under review, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 174%. As a result, the exports attained the peak of $583. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Electro-Magnetic Coupling in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A1.00%
Germany206547526N/A59.8%
India4.0N/AN/AN/A0%
Bangladesh2.05.05.0N/A58.1%
ItalyN/A29.0N/AN/A0%
Maldives1.02.032.0N/A465.7%
OthersN/AN/AN/AN/A0%
Total2135835631.0-83.3%

Top Export Markets for Electro-Magnetic Coupling from Sri Lanka in 2022:

  1. United Arab Emirates (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electro-magnetic coupling 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 27904050 - Electro-magnetic couplings, clutches and brakes (excluding mechanical hydraulic or pneumatic brakes controlled by electro-magnetic devices)

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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