Report Update: Apr 1, 2024

Sri Lanka - Hand Or Foot-Operated Air Pumps - Market Analysis, Forecast, Size, Trends And Insights

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Hand-Operated Air Pump Price in Sri Lanka - 2021

Hand-Operated Air Pump Price in Sri Lanka (CIF) - 2022

The average hand-operated air pump import price stood at $2.2 per unit in 2022, increasing by 8.5% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 34% against the previous year. The import price peaked at $2.6 per unit in 2016; however, from 2017 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 Hong Kong SAR ($5.8 per unit), while the price for China ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Hand-Operated Air Pump Price in Sri Lanka (FOB) - 2022

In 2022, the average hand-operated air pump export price amounted to $17 per unit, dropping by -13.6% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the average export price increased by 113% against the previous year. Over the period under review, the average export prices hit record highs at $22 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($59 per unit), while the average price for exports to India ($2.5 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 Singapore (+145.7%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Operated Air Pump Imports in Sri Lanka

In 2022, purchases abroad of hand or foot-operated air pumps decreased by -65.1% to 193K units, falling for the second consecutive year after two years of growth. Overall, imports recorded a sharp setback. The pace of growth appeared the most rapid in 2020 with an increase of 33%. As a result, imports attained the peak of 607K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, hand-operated air pump imports contracted notably to $416K in 2022. Over the period under review, imports saw a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 42%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Hand-Operated Air Pump in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	848	1,199	1,010	369	-24.2%
Hong Kong SAR	N/A	N/A	N/A	19.8	0%
Others	69.8	106	89.3	27.4	-26.8%
Total	917	1,305	1,099	416	-23.2%

Top Suppliers of Hand-Operated Air Pump to Sri Lanka in 2022:

China (185.9K units)
Hong Kong SAR (3.4K units)

Hand-Operated Air Pump Exports in Sri Lanka

In 2022, after three years of growth, there was significant decline in shipments abroad of hand or foot-operated air pumps, when their volume decreased by -99% to 14 units. Overall, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 1,609% against the previous year. Over the period under review, the exports hit record highs at 1.4K units in 2021, and then fell significantly in the following year.

In value terms, hand-operated air pump exports shrank notably to $234 in 2022. In general, exports saw a precipitous setback. The growth pace was the most rapid in 2020 when exports increased by 1,576% against the previous year. The exports peaked at $27K in 2021, and then contracted markedly in the following year.

Export of Hand-Operated Air Pump in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Singapore	N/A	N/A	N/A	0.2	0%
Argentina	N/A	N/A	10.7	N/A	0%
Chile	N/A	N/A	4.4	N/A	0%
Maldives	N/A	N/A	0.2	N/A	0%
Costa Rica	N/A	N/A	0.3	N/A	0%
India	N/A	N/A	N/A	N/A	0%
Oman	N/A	7.7	N/A	N/A	0%
Belarus	N/A	N/A	0.2	N/A	0%
Australia	N/A	N/A	N/A	N/A	0%
Others	0.8	6.1	10.8	N/A	267.4%
Total	0.8	13.8	26.8	0.2	-37.0%

Top Export Markets for Hand-Operated Air Pump from Sri Lanka in 2022:

Maldives (8.0 units)
Singapore (3.0 units)
India (2.0 units)
Australia (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hand-operated air pump 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 28132200 - Hand or foot-operated air pumps

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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