Report Update: May 1, 2024

Sri Lanka - Machines For Deburring Or Polishing Metal - Market Analysis, Forecast, Size, Trends And Insights

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Metal Deburring Machine Price in Sri Lanka - 2021

Metal Deburring Machine Price in Sri Lanka (CIF) - 2022

In 2022, the average metal deburring machine import price amounted to $2,802 per unit, increasing by 57% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($15,163 per unit), while the price for Austria ($64 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Deburring Machine Price in Sri Lanka (FOB) - 2022

In 2022, the average metal deburring machine export price amounted to $794 per unit, jumping by 30% against the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 178%. Over the period under review, the average export prices attained the maximum at $1,419 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 Maldives ($1,242 per unit), while the average price for exports to Brazil ($90 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 Ethiopia (+41.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Deburring Machine Imports in Sri Lanka

After two years of decline, supplies from abroad of machines for deburring or polishing metal increased by 80% to 194 units in 2022. In general, imports, however, faced a abrupt decline. Over the period under review, imports reached the maximum at 272 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, metal deburring machine imports soared to $544K in 2022. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Metal Deburring Machine in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	19.4	72.5	42.2	244	132.6%
United States	3.0	2.0	3.9	146	265.1%
China	324	43.5	94.4	124	-27.4%
Japan	51.8	103	0.5	6.6	-49.7%
South Korea	20.0	19.4	8.6	0.5	-70.8%
Austria	N/A	N/A	N/A	0.3	0%
Hong Kong SAR	14.1	15.1	0.1	N/A	-91.6%
Others	98.3	141	42.8	21.9	-39.4%
Total	531	396	192	544	0.8%

Top Suppliers of Metal Deburring Machine to Sri Lanka in 2022:

India (95.0 units)
China (49.0 units)
United States (32.0 units)
Austria (4.0 units)
Japan (3.0 units)
South Korea (1.0 units)
Hong Kong SAR (1.0 units)

Metal Deburring Machine Exports in Sri Lanka

In 2022, the amount of machines for deburring or polishing metal exported from Sri Lanka reduced markedly to 5 units, declining by -54.5% on 2021 figures. Over the period under review, exports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by 57%. The exports peaked at 13 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, metal deburring machine exports dropped notably to $4K in 2022. Overall, exports saw a precipitous decrease. The smallest decline of -23.2% was in 2020. Over the period under review, the exports reached the maximum at $11K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Metal Deburring Machine in Sri Lanka (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Maldives	324	932	42.0	3,727	125.7%
India	4,296	4,382	1,704	153	-67.1%
Brazil	N/A	N/A	N/A	90.0	0%
Spain	2,082	N/A	N/A	N/A	0%
Seychelles	17.0	40.0	37.0	N/A	47.5%
Haiti	N/A	N/A	134	N/A	0%
Japan	9.0	N/A	N/A	N/A	0%
Vietnam	12.0	N/A	N/A	N/A	0%
Ethiopia	15.0	61.0	680	N/A	573.3%
Singapore	9.0	N/A	N/A	N/A	0%
Bangladesh	108	N/A	N/A	N/A	0%
Australia	49.0	221	579	N/A	243.7%
Romania	N/A	N/A	629	N/A	0%
Others	4,508	3,139	2,931	N/A	-19.4%
Total	11,429	8,775	6,736	3,970	-29.7%

Top Export Markets for Metal Deburring Machine from Sri Lanka in 2022:

Maldives (3.0 units)
Brazil (1.0 units)
India (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal deburring 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 28412395 - Machines for deburring or polishing metal (excluding gear finishing 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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023