Liquid Elevators Price in Sri Lanka - 2021

Contents:

  1. Liquid Elevators Price in Sri Lanka (CIF) - 2022
  2. Liquid Elevators Price in Sri Lanka (FOB) - 2022
  3. Liquid Elevators Imports in Sri Lanka
  4. Liquid Elevators Exports in Sri Lanka

Liquid Elevators Price in Sri Lanka (CIF) - 2022

In 2022, the average liquid elevators import price amounted to $498 per unit, dropping by -4.3% against the previous year. In general, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 115% against the previous year. The import price peaked at $696 per unit in 2020; however, from 2021 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 India ($969 per unit), while the price for China ($322 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Liquid Elevators Price in Sri Lanka (FOB) - 2022

In 2022, the average liquid elevators export price amounted to $2,672 per unit, falling by -5.3% against the previous year. Over the period under review, the export price, however, posted a remarkable increase. The growth pace was the most rapid in 2019 when the average export price increased by 209% against the previous year. As a result, the export price attained the peak level of $3,072 per unit. From 2020 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +51.8% per year.

Liquid Elevators Imports in Sri Lanka

In 2022, liquid elevators imports into Sri Lanka skyrocketed to 225 units, growing by 36% against the previous year. In general, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 305%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, liquid elevators imports soared to $112K in 2022. Over the period under review, imports, however, continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2021 when imports increased by 203% against the previous year. Over the period under review, imports hit record highs at $121K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Liquid Elevators in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore0.10.119.933.3593.1%
India28.82.121.833.04.6%
China39.56.516.130.3-8.5%
France2.91.73.3N/A6.7%
Others50.018.225.515.6-32.2%
Total12128.586.5112-2.5%

Top Suppliers of Liquid Elevators to Sri Lanka in 2022:

  1. China (94.0 units)
  2. Singapore (87.0 units)
  3. India (34.0 units)

Liquid Elevators Exports in Sri Lanka

After three years of growth, shipments abroad of liquid elevatorses decreased by -25% to 3 units in 2022. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 100%. As a result, the exports reached the peak of 4 units, and then shrank remarkably in the following year.

In value terms, liquid elevators exports fell dramatically to $8K in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 138%. As a result, the exports attained the peak of $11K, and then contracted remarkably in the following year.

Export of Liquid Elevators in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives3.14.70.18.037.2%
RwandaN/AN/A11.2N/A0%
OthersN/AN/AN/AN/A0%
Total3.14.711.38.037.2%

Top Export Markets for Liquid Elevators from Sri Lanka in 2022:

  1. Maldives (3.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Liquid elevators - Sri Lanka