Sri Lanka - Mechano-Therapy Appliances And Massage Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMechano-Therapy Appliances Price in Sri Lanka - 2022
Contents:
- Mechano-Therapy Appliances Price in Sri Lanka (CIF) - 2022
- Mechano-Therapy Appliances Price in Sri Lanka (FOB) - 2022
- Mechano-Therapy Appliances Imports in Sri Lanka
- Mechano-Therapy Appliances Exports in Sri Lanka
Mechano-Therapy Appliances Price in Sri Lanka (CIF) - 2022
The average mechano-therapy appliances import price stood at $6 per unit in 2022, waning by -46.6% against the previous year. Over the period under review, the import price saw a perceptible setback. The pace of growth appeared the most rapid in 2015 an increase of 42%. The import price peaked at $12 per unit in 2016; however, from 2017 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 South Korea ($19 per unit), while the price for China ($4.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Mechano-Therapy Appliances Price in Sri Lanka (FOB) - 2022
In 2022, the average mechano-therapy appliances export price amounted to $32 per unit, growing by 64% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mechano-therapy appliances export price increased by +141.6% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Maldives ($42 per unit), while the average price for exports to Singapore ($1.8 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 the UK (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.
Mechano-Therapy Appliances Imports in Sri Lanka
In 2022, supplies from abroad of mechano-therapy appliances and massage apparatus decreased by -36.5% to 50K units, falling for the second consecutive year after two years of growth. Overall, imports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 2%. As a result, imports attained the peak of 158K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, mechano-therapy appliances imports fell markedly to $297K in 2022. In general, imports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 3.5% against the previous year. As a result, imports reached the peak of $1.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Mechano-Therapy Appliances in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 747 | 674 | 369 | 236 | -31.9% |
| India | 236 | 6.5 | 7.2 | 5.0 | -72.3% |
| South Korea | 315 | 514 | 258 | 0.5 | -88.3% |
| Netherlands | 87.4 | 158 | 110 | N/A | 12.2% |
| Others | 330 | 423 | 130 | 55.1 | -44.9% |
| Total | 1,716 | 1,776 | 875 | 297 | -44.3% |
Top Suppliers of Mechano-Therapy Appliances to Sri Lanka in 2022:
- China (48.0K units)
- India (0.4K units)
Mechano-Therapy Appliances Exports in Sri Lanka
In 2022, the amount of mechano-therapy appliances and massage apparatus exported from Sri Lanka dropped to 2.7K units, with a decrease of -6.3% on the year before. In general, exports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 4,980% against the previous year. As a result, the exports attained the peak of 2.8K units, and then dropped in the following year.
In value terms, mechano-therapy appliances exports surged to $87K in 2022. Overall, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 7,373% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Mechano-Therapy Appliances in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.7 | 0.1 | 13.2 | 43.5 | 40.5% |
| Maldives | 3.4 | N/A | 1.1 | 41.2 | 129.7% |
| Canada | 0.4 | 0.1 | 7.3 | 1.2 | 44.2% |
| Singapore | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| United Kingdom | 20.1 | 0.1 | 9.9 | 0.2 | -78.5% |
| Ecuador | 2.3 | N/A | 1.3 | N/A | -24.8% |
| New Zealand | 0.2 | N/A | 3.0 | N/A | 287.3% |
| Japan | 0.5 | N/A | 1.2 | N/A | 54.9% |
| Germany | 2.8 | N/A | 2.3 | N/A | -9.4% |
| Poland | 3.3 | N/A | 0.5 | N/A | -61.1% |
| Australia | 2.3 | N/A | 2.1 | N/A | -4.4% |
| Others | 11.6 | 0.5 | 14.4 | 0.4 | -67.5% |
| Total | 62.6 | 0.8 | 56.3 | 86.6 | 11.4% |
Top Export Markets for Mechano-Therapy Appliances from Sri Lanka in 2022:
- United States (1545.0 units)
- Maldives (989.0 units)
- Singapore (90.0 units)
- Canada (18.0 units)
- United Kingdom (9.0 units)
This report provides an in-depth analysis of the mechano-therapy appliances 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 32502130 - Mechano-therapy appliances, massage apparatus, p sychological aptitude-testing apparatus (excluding wholly stationary mechano-therapy apparatus)
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
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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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