Sri Lanka - Iron Or Steel Skid Chain - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Skid Chain Price in Sri Lanka - 2021
Contents:
- Metal Skid Chain Price in Sri Lanka (CIF) - 2022
- Metal Skid Chain Price in Sri Lanka (FOB) - 2022
- Metal Skid Chain Imports in Sri Lanka
- Metal Skid Chain Exports in Sri Lanka
Metal Skid Chain Price in Sri Lanka (CIF) - 2022
In 2022, the average metal skid chain import price amounted to $4,155 per ton, jumping by 35% against the previous year. In general, the import price saw slight growth. The growth pace was the most rapid in 2018 when the average import price increased by 82%. The import price peaked at $5,804 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,713 per ton), while the price for India stood at $1,937 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced a decline.
Metal Skid Chain Price in Sri Lanka (FOB) - 2022
The average metal skid chain export price stood at $7,914 per ton in 2022, increasing by 3.7% against the previous year. In general, the export price, however, continues to indicate a pronounced slump. Over the period under review, the average export prices hit record highs at $15,356 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Slovakia.
From 2014 to 2022, the rate of growth in terms of prices for India amounted to +27.0% per year.
Metal Skid Chain Imports in Sri Lanka
In 2022, overseas purchases of iron or steel skid chain decreased by -73.1% to 851 kg, falling for the second year in a row after two years of growth. In general, imports recorded a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of 8.2 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, metal skid chain imports dropped significantly to $3.5K in 2022. Over the period under review, imports showed a precipitous slump. The smallest decline of -26.7% was in 2020.
| Import of Metal Skid Chain in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 7.6 | 1.4 | 2.8 | 3.8% |
| India | 0.1 | 0.1 | 0.1 | 0.7 | 91.3% |
| South Korea | 10.3 | 9.9 | 3.6 | N/A | -40.9% |
| Malaysia | N/A | 5.0 | 3.9 | N/A | -22.0% |
| United States | 1.5 | 1.3 | 0.4 | N/A | -48.4% |
| Denmark | 18.4 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 0.8 | 0.4 | 0.1 | -50.0% |
| Total | 33.7 | 24.7 | 9.7 | 3.5 | -53.0% |
Top Suppliers of Metal Skid Chain to Sri Lanka in 2022:
- China (484.0 kg)
- India (364.0 kg)
Metal Skid Chain Exports in Sri Lanka
After three years of growth, overseas shipments of iron or steel skid chain decreased by -1.1% to 2.4 tons in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 83%.
In value terms, metal skid chain exports totaled $19K in 2022. Overall, exports saw a slight descent.
| Export of Metal Skid Chain in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | N/A | N/A | N/A | 18.9 | 0% |
| Thailand | 19.9 | N/A | N/A | N/A | 0% |
| India | N/A | 6.2 | N/A | N/A | 0% |
| Singapore | N/A | N/A | 9.2 | N/A | 0% |
| Canada | N/A | 13.2 | N/A | N/A | 0% |
| Others | N/A | N/A | 9.3 | N/A | 0% |
| Total | 19.9 | 19.4 | 18.5 | 18.9 | -1.7% |
Top Export Markets for Metal Skid Chain from Sri Lanka in 2022:
- Slovakia (2.4 tons)
This report provides an in-depth analysis of the metal skid chain 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 25931730 - Iron or steel skid chain excluding chains fitted with cutting, or other articles in which chains play a subsidiary role, door guards finished with chains - surveying chains
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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