Sri Lanka - Industrial Robots For Multiple Uses - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Robot Price in Sri Lanka - 2021
Contents:
- Industrial Robot Price in Sri Lanka (CIF) - 2022
- Industrial Robot Price in Sri Lanka (FOB) - 2022
- Industrial Robot Imports in Sri Lanka
- Industrial Robot Exports in Sri Lanka
Industrial Robot Price in Sri Lanka (CIF) - 2022
In 2022, the average industrial robot import price amounted to $20,896 per unit, with a decrease of -11.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 17%. The import price peaked at $24,535 per unit in 2020; however, from 2021 to 2022, import prices stood 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 Italy ($32,381 per unit), while the price for Malaysia ($675 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Industrial Robot Price in Sri Lanka (FOB) - 2022
In 2018, the average industrial robot export price amounted to $19,303 per unit, remaining relatively unchanged against the previous year. In general, the export price showed a moderate increase. The growth pace was the most rapid in 2015 a decrease of -17.6% against the previous year. Over the period under review, the average export prices attained the peak figure in 2018 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From 2014 to 2018, the rate of growth in terms of prices for Singapore amounted to -17.2% per year.
Industrial Robot Imports in Sri Lanka
In 2022, after three years of growth, there was significant decline in overseas purchases of industrial robots for multiple uses, when their volume decreased by -7.8% to 47 units. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 65%. As a result, imports reached the peak of 51 units, and then dropped in the following year.
In value terms, industrial robot imports declined rapidly to $982K in 2022. Overall, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 58% against the previous year. As a result, imports reached the peak of $1.2M, and then shrank remarkably in the following year.
| Import of Industrial Robot in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 46.5 | 108 | 319 | 274 | 80.6% |
| China | 125 | 30.0 | 177 | 152 | 6.7% |
| United Kingdom | 79.7 | 156 | 108 | 114 | 12.7% |
| India | 45.1 | 24.6 | 93.2 | 80.2 | 21.2% |
| Taiwan (Chinese) | 53.4 | 56.9 | 71.3 | 61.3 | 4.7% |
| South Korea | 7.2 | 4.3 | 71.1 | 61.2 | 104.1% |
| Italy | 3.5 | 8.2 | 59.4 | 51.1 | 144.4% |
| Turkey | N/A | 12.5 | 107 | 30.8 | 57.0% |
| Denmark | 5.5 | 12.7 | 24.8 | 21.3 | 57.0% |
| Singapore | 0.9 | 0.2 | 1.2 | 1.0 | 3.6% |
| Malaysia | 0.4 | 0.4 | 0.5 | 0.4 | 0.0% |
| Norway | N/A | 169 | N/A | N/A | 0% |
| Others | 229 | 177 | 172 | 134 | -16.4% |
| Total | 596 | 761 | 1,204 | 982 | 18.1% |
Top Suppliers of Industrial Robot to Sri Lanka in 2022:
- China (15.0 units)
- Japan (11.0 units)
- United Kingdom (5.0 units)
- Turkey (4.0 units)
- Taiwan (Chinese) (4.0 units)
- Italy (2.0 units)
- Denmark (2.0 units)
- South Korea (2.0 units)
- Singapore (1.0 units)
- India (1.0 units)
- Malaysia (1.0 units)
Industrial Robot Exports in Sri Lanka
Industrial robot exports from Sri Lanka contracted sharply to 2 units in 2022, waning by -33.3% against 2021 figures. Overall, exports continue to indicate a dramatic slump. The exports peaked at 3 units in 2021, and then fell rapidly in the following year.
In value terms, industrial robot exports reduced remarkably to $39K in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,518% against the previous year. The exports peaked at $73K in 2021, and then declined dramatically in the following year.
| Export of Industrial Robot in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.1 | 1.7 | 15.5 | 39.0 | 630.6% |
| Others | 0.3 | 3.5 | 57.3 | N/A | 1282.0% |
| Total | 0.3 | 5.1 | 72.8 | 39.0 | 406.6% |
Top Export Markets for Industrial Robot from Sri Lanka in 2022:
This report provides an in-depth analysis of the industrial robot 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 28993935 - Industrial robots for multiple uses (excluding robots designed to perform a specific function (e.g. lifting, handling, loading or unloading))
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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