Sri Lanka - Ironing Machines And Presses - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIroning Machine Price in Sri Lanka - 2021
Contents:
- Ironing Machine Price in Sri Lanka (CIF) - 2022
- Ironing Machine Price in Sri Lanka (FOB) - 2022
- Ironing Machine Imports in Sri Lanka
- Ironing Machine Exports in Sri Lanka
Ironing Machine Price in Sri Lanka (CIF) - 2022
The average ironing machine import price stood at $225 per unit in 2022, with a decrease of -41.9% against the previous year. In general, the import price recorded a abrupt contraction. The growth pace was the most rapid in 2021 an increase of 30% against the previous year. The import price peaked at $948 per unit in 2017; however, from 2018 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 ($1,111 per unit), while the price for India ($81 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+0.8%), while the prices for the other major suppliers experienced a decline.
Ironing Machine Price in Sri Lanka (FOB) - 2022
In 2022, the average ironing machine export price amounted to $3,251 per unit, surging by 10% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 2014 an increase of 38% against the previous year. The export price peaked at $3,786 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Madagascar ($10,844 per unit), while the average price for exports to Kenya ($287 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 Myanmar (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.
Ironing Machine Imports in Sri Lanka
In 2022, the amount of ironing machines and presses imported into Sri Lanka contracted markedly to 10K units, dropping by -16.5% on 2021 figures. In general, imports saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, imports reached the peak figure at 18K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, ironing machine imports fell sharply to $2.3M in 2022. Overall, imports faced a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 65% against the previous year. Imports peaked at $4.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Ironing Machine in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,228 | 699 | 816 | 643 | -19.4% |
| Italy | 1,123 | 511 | 1,322 | 610 | -18.4% |
| United Kingdom | 58.5 | 62.3 | 645 | 405 | 90.6% |
| India | 218 | 414 | 132 | 213 | -0.8% |
| Taiwan (Chinese) | N/A | N/A | 1.1 | 68.7 | 6145.5% |
| Singapore | 32.2 | 1.6 | 52.3 | 63.8 | 25.6% |
| Hong Kong SAR | 136 | 246 | 120 | 55.9 | -25.6% |
| Others | 2,119 | 935 | 1,649 | 242 | -51.5% |
| Total | 4,915 | 2,869 | 4,738 | 2,301 | -22.4% |
Top Suppliers of Ironing Machine to Sri Lanka in 2022:
- China (5.0K units)
- India (2.6K units)
- Taiwan (Chinese) (0.8K units)
- United Kingdom (0.6K units)
- Italy (0.5K units)
- Singapore (0.3K units)
- Hong Kong SAR (0.2K units)
Ironing Machine Exports in Sri Lanka
In 2022, shipments abroad of ironing machines and presses was finally on the rise to reach 127 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt shrinkage. The exports peaked at 221 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, ironing machine exports skyrocketed to $413K in 2022. In general, exports, however, showed a deep slump. The exports peaked at $668K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Ironing Machine in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 193 | 184 | 116 | 148 | -8.5% |
| Bangladesh | 167 | 87.8 | 6.2 | 115 | -11.7% |
| India | 2.8 | 147 | N/A | 54.3 | 168.7% |
| Myanmar | 76.1 | N/A | 1.8 | 50.3 | -12.9% |
| Madagascar | 65.8 | 81.4 | 50.7 | 21.7 | -30.9% |
| Ethiopia | 3.2 | 0.1 | 1.9 | 9.6 | 44.2% |
| Indonesia | 96.9 | 60.8 | 64.5 | 8.9 | -54.9% |
| Kenya | 0.3 | 0.2 | 0.7 | 1.7 | 78.3% |
| Singapore | N/A | N/A | N/A | 1.5 | 0% |
| Vietnam | 43.1 | N/A | N/A | 1.5 | -67.4% |
| Others | 19.5 | 16.9 | 18.1 | 0.9 | -64.1% |
| Total | 668 | 578 | 260 | 413 | -14.8% |
Top Export Markets for Ironing Machine from Sri Lanka in 2022:
- Bangladesh (46.0 units)
- United Kingdom (44.0 units)
- Myanmar (7.0 units)
- India (7.0 units)
- Kenya (6.0 units)
- Ethiopia (5.0 units)
- Singapore (4.0 units)
- Madagascar (2.0 units)
- Vietnam (2.0 units)
- Indonesia (1.0 units)
This report provides an in-depth analysis of the ironing machine 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 28942130 - Ironing machines and presses (including fusing presses, e xcluding calendering machines)
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.
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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
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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
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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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