Report Update: May 1, 2024

Sri Lanka - Non-Electric Bells And Gongs Of Base Metal - Market Analysis, Forecast, Size, Trends And Insights

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Metal Non-Electric Bell Price in Sri Lanka - 2021

Metal Non-Electric Bell Price in Sri Lanka (CIF) - 2022

The average metal non-electric bell import price stood at $10,115 per ton in 2022, which is down by -29.6% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 an increase of 35% against the previous year. Over the period under review, average import prices reached the maximum at $15,976 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 ($71,420 per ton), while the price for India ($5,265 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Non-Electric Bell Price in Sri Lanka (FOB) - 2022

In 2022, the average metal non-electric bell export price amounted to $6,717 per ton, declining by -23.9% against the previous year. Overall, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by 18%. Over the period under review, the average export prices hit record highs at $16,562 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 the UK ($22,776 per ton), while the average price for exports to South Africa ($1,887 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+103.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Non-Electric Bell Imports in Sri Lanka

In 2022, approx. 54 tons of non-electric bells and gongs of base metal were imported into Sri Lanka; growing by 5.9% against the year before. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.2% 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 +80.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, metal non-electric bell imports contracted markedly to $550K in 2022. Overall, imports, however, recorded a perceptible contraction. The growth pace was the most rapid in 2021 when imports increased by 130%. As a result, imports reached the peak of $737K, and then reduced remarkably in the following year.

Import of Metal Non-Electric Bell in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	94.8	100	179	250	38.2%
Netherlands	N/A	N/A	N/A	120	0%
Italy	N/A	N/A	N/A	76.0	0%
India	13.2	2.4	1.7	63.2	68.5%
Hong Kong SAR	N/A	N/A	N/A	24.2	0%
Germany	478	211	276	7.0	-75.5%
Others	8.0	6.9	280	8.9	3.6%
Total	594	321	737	550	-2.5%

Top Suppliers of Metal Non-Electric Bell to Sri Lanka in 2022:

China (33.0 tons)
India (12.0 tons)
Netherlands (4.0 tons)
Hong Kong SAR (3.3 tons)
Italy (1.1 tons)
Germany (0.2 tons)

Metal Non-Electric Bell Exports in Sri Lanka

After three years of growth, overseas shipments of non-electric bells and gongs of base metal decreased by -32.1% to 2.7 tons in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. As a result, the exports reached the peak of 4 tons, and then shrank sharply in the following year.

In value terms, metal non-electric bell exports declined sharply to $18K in 2022. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 109%. As a result, the exports attained the peak of $36K, and then contracted sharply in the following year.

Export of Metal Non-Electric Bell in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	N/A	N/A	N/A	9.0	0%
India	N/A	N/A	N/A	4.1	0%
Australia	N/A	N/A	N/A	2.3	0%
Maldives	N/A	N/A	0.1	0.7	600.0%
Singapore	N/A	N/A	N/A	0.5	0%
United States	N/A	N/A	1.5	0.3	-80.0%
Denmark	N/A	N/A	N/A	0.3	0%
South Africa	N/A	N/A	N/A	0.2	0%
Indonesia	N/A	N/A	N/A	0.2	0%
Oman	N/A	N/A	N/A	N/A	0%
Netherlands	8.0	16.9	16.9	N/A	45.3%
Others	N/A	0.2	17.2	0.7	87.1%
Total	8.1	17.0	35.6	18.4	31.5%

Top Export Markets for Metal Non-Electric Bell from Sri Lanka in 2022:

Australia (1104.0 kg)
India (625.0 kg)
United Kingdom (395.0 kg)
South Africa (116.0 kg)
Singapore (95.0 kg)
Maldives (82.0 kg)
Indonesia (75.0 kg)
Denmark (60.0 kg)
United States (47.0 kg)
Netherlands (5.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal non-electric bell 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 25992982 - Bells, gongs, etc., non-electric, of base metal

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
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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
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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