Musical Boxes Price in Sri Lanka - 2021

Contents:

1. Musical Boxes Price in Sri Lanka (CIF) - 2022
2. Musical Boxes Price in Sri Lanka (FOB) - 2022
3. Musical Boxes Imports in Sri Lanka
4. Musical Boxes Exports in Sri Lanka

Musical Boxes Price in Sri Lanka (CIF) - 2022

The average musical boxes import price stood at $4.9 per unit in 2022, reducing by -21.8% against the previous year. In general, the import price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 343%. As a result, import price reached the peak level of $8.8 per unit. From 2017 to 2022, the average 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 India ($30 per unit), while the price for China ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+36.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Musical Boxes Price in Sri Lanka (FOB) - 2022

The average musical boxes export price stood at $3.9 per unit in 2022, picking up by 21% against the previous year. Overall, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 54%. The export price peaked at $7.1 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4.2 per unit), while the average price for exports to France ($0.7 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 Germany (-4.7%), while the prices for the other major destinations experienced a decline.

Musical Boxes Imports in Sri Lanka

In 2022, the amount of musical boxeses imported into Sri Lanka fell to 2.8K units, with a decrease of -11.8% on 2021 figures. Overall, imports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 32%. Imports peaked at 6.1K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, musical boxes imports shrank sharply to $14K in 2022. Over the period under review, imports faced a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 164%. Imports peaked at $23K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Musical Boxes to Sri Lanka in 2022:

1. China (2510.0 units)
2. India (205.0 units)
3. Germany (55.0 units)

Musical Boxes Exports in Sri Lanka

In 2022, the amount of musical boxeses exported from Sri Lanka declined to 135 units, waning by -6.9% against 2021. Over the period under review, exports showed a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. Over the period under review, the exports hit record highs at 506 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, musical boxes exports stood at $524 in 2022. In general, exports recorded a dramatic contraction. The exports peaked at $2.8K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Musical Boxes from Sri Lanka in 2022:

1. Germany (96.0 units)
2. United States (28.0 units)
3. Austria (8.0 units)
4. France (3.0 units)

Source: IndexBox Market Intelligence Platform