Sri Lanka - Machine-Tools For Drilling, Boring Or Milling Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMachine-Tool for Drilling Price in Sri Lanka - 2021
Contents:
- Machine-Tool for Drilling Price in Sri Lanka (CIF) - 2022
- Machine-Tool for Drilling Price in Sri Lanka (FOB) - 2022
- Machine-Tool for Drilling Imports in Sri Lanka
- Machine-Tool for Drilling Exports in Sri Lanka
Machine-Tool for Drilling Price in Sri Lanka (CIF) - 2022
In 2022, the average machine-tool for drilling import price amounted to $167 per unit, reducing by -56.4% against the previous year. Over the period under review, the import price faced a drastic downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 261%. Over the period under review, average import prices hit record highs at $949 per unit in 2012; however, from 2013 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 the UK ($372 per unit), while the price for China ($123 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-4.2%), while the prices for the other major suppliers experienced a decline.
Machine-Tool for Drilling Price in Sri Lanka (FOB) - 2022
In 2022, the average machine-tool for drilling export price amounted to $1,536 per unit, with a decrease of -9.2% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2018 an increase of 1,148% against the previous year. Over the period under review, the average export prices attained the maximum at $4,860 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($12,442 per unit), while the average price for exports to Singapore ($111 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 India (+6.6%), while the prices for the other major destinations experienced a decline.
Machine-Tool for Drilling Imports in Sri Lanka
After two years of decline, supplies from abroad of machine-tools for drilling, boring or milling metal increased by 262% to 7.7K units in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, machine-tool for drilling imports soared to $1.3M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Machine-Tool for Drilling in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 189 | 156 | 219 | 799 | 61.7% |
| United Kingdom | 19.4 | 16.6 | 41.8 | 194 | 115.4% |
| Japan | 105 | 303 | 56.4 | 80.7 | -8.4% |
| South Korea | 14.4 | 1.8 | 9.7 | 35.6 | 35.2% |
| Taiwan (Chinese) | 225 | 8.3 | 24.4 | 16.3 | -58.3% |
| Others | 506 | 288 | 460 | 155 | -32.6% |
| Total | 1,059 | 774 | 812 | 1,281 | 6.5% |
Top Suppliers of Machine-Tool for Drilling to Sri Lanka in 2022:
- China (6.5K units)
- United Kingdom (0.5K units)
- Japan (0.3K units)
- South Korea (0.2K units)
- Taiwan (Chinese) (0.1K units)
Machine-Tool for Drilling Exports in Sri Lanka
Machine-tool for drilling exports from Sri Lanka shrank to 45 units in 2022, declining by -8.2% against the previous year. Overall, exports faced a precipitous descent. Over the period under review, the exports reached the peak figure at 190 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, machine-tool for drilling exports shrank rapidly to $69K in 2022. Over the period under review, exports saw a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of 31%. As a result, the exports attained the peak of $83K, and then declined significantly in the following year.
| Export of Machine-Tool for Drilling in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.1 | 45.3 | 55.0 | 49.8 | 113.7% |
| Japan | N/A | N/A | N/A | 8.1 | 0% |
| United Kingdom | 4.6 | 4.5 | 4.6 | 4.6 | 0.0% |
| Singapore | 2.4 | 0.9 | 0.6 | 3.4 | 12.3% |
| Papua New Guinea | N/A | N/A | N/A | 2.1 | 0% |
| Maldives | 17.3 | 3.7 | 2.1 | 1.2 | -58.9% |
| Thailand | 11.6 | 4.1 | 2.9 | N/A | -50.0% |
| United Arab Emirates | 1.0 | 0.4 | 0.5 | N/A | -29.3% |
| Others | 37.8 | 4.4 | 17.1 | N/A | -32.7% |
| Total | 79.9 | 63.3 | 82.9 | 69.1 | -4.7% |
Top Export Markets for Machine-Tool for Drilling from Sri Lanka in 2022:
- Singapore (31.0 units)
- Japan (5.0 units)
- India (4.0 units)
- Maldives (3.0 units)
- Papua New Guinea (1.0 units)
- United Kingdom (1.0 units)
This report provides an in-depth analysis of the machine-tool for drilling 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 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)
- Prodcom 28412217 - Numerically controlled knee-type milling machines for working metal (excluding boring-milling machines)
- Prodcom 28412223 - Numerically controlled tool-milling machines for working metal (excluding boring-milling machines, knee-type machines)
- Prodcom 28412225 - Numerically controlled milling machines for working metal (including plano-milling machines) (excluding boring-milling machines, knee-type, tool-milling machines)
- Prodcom 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
- Prodcom 28412235 - Non-numerically controlled drilling machines for working metal (excluding way-type unit head machines)
- Prodcom 28412240 - Numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
- Prodcom 28412260 - Non-numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
- Prodcom 28412270 - Non-numerically controlled milling machines for working metal (excluding boring-milling 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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