Sri Lanka - Goods Vehicles, With Spark-Ignition Internal Combustion Piston Engine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPetroleum-Engine Cargo Trucks Price in Sri Lanka - 2021
Contents:
- Petroleum-Engine Cargo Trucks Price in Sri Lanka (CIF) - 2022
- Petroleum-Engine Cargo Trucks Price in Sri Lanka (FOB) - 2022
- Petroleum-Engine Cargo Trucks Imports in Sri Lanka
- Petroleum-Engine Cargo Trucks Exports in Sri Lanka
Petroleum-Engine Cargo Trucks Price in Sri Lanka (CIF) - 2022
The average petroleum-engine cargo trucks import price stood at $25,021 per unit in 2022, falling by -19.6% against the previous year. Overall, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2020 an increase of 20% against the previous year. Over the period under review, average import prices attained the peak figure at $32,308 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Japan ($31,139 per unit), while the price for China amounted to $549 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.0%), while the prices for the other major suppliers experienced a decline.
Petroleum-Engine Cargo Trucks Price in Sri Lanka (FOB) - 2022
The average petroleum-engine cargo trucks export price stood at $47,048 per unit in 2022, reducing by -17.2% against the previous year. Overall, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 55% against the previous year. The export price peaked at $56,821 per unit in 2021, and then fell rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($54,037 per unit), while the average price for exports to Maldives stood at $33,072 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+10.5%).
Petroleum-Engine Cargo Trucks Imports in Sri Lanka
In 2022, the amount of goods vehicles, with spark-ignition internal combustion piston engine imported into Sri Lanka declined remarkably to 5 units, shrinking by -82.1% compared with the previous year's figure. Overall, imports showed a significant contraction. The smallest decline of -61.2% was in 2020. Imports peaked at 3.1K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, petroleum-engine cargo trucks imports declined rapidly to $125K in 2022. Over the period under review, imports recorded a precipitous descent. The smallest decline of -53.2% was in 2020. Over the period under review, imports reached the peak figure at $68M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Petroleum-Engine Cargo Trucks in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 66.5 | 28.2 | 0.8 | 0.1 | -88.5% |
| China | 0.3 | 0.3 | N/A | N/A | 0.0% |
| Others | 1.5 | 3.5 | 0.1 | N/A | -74.2% |
| Total | 68.3 | 31.9 | 0.9 | 0.1 | -88.6% |
Top Suppliers of Petroleum-Engine Cargo Trucks to Sri Lanka in 2022:
- Japan (4.0 units)
- China (1.0 units)
Petroleum-Engine Cargo Trucks Exports in Sri Lanka
In 2022, exports of goods vehicles, with spark-ignition internal combustion piston engine from Sri Lanka declined remarkably to 3 units, shrinking by -25% on the previous year's figure. In general, exports saw a dramatic downturn. Over the period under review, the exports reached the maximum at 7 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, petroleum-engine cargo trucks exports shrank sharply to $141K in 2022. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. As a result, the exports reached the peak of $330K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Petroleum-Engine Cargo Trucks in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 151 | 155 | 163 | 108 | -10.6% |
| Maldives | 65.0 | 45.1 | 52.0 | 33.1 | -20.1% |
| Japan | 6.2 | 1.0 | N/A | N/A | -83.9% |
| China | 4.0 | N/A | N/A | N/A | 0% |
| India | N/A | 128 | N/A | N/A | 0% |
| Oman | N/A | N/A | 12.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 226 | 330 | 227 | 141 | -14.6% |
Top Export Markets for Petroleum-Engine Cargo Trucks from Sri Lanka in 2022:
- Australia (2.0 units)
- Maldives (1.0 units)
This report provides an in-depth analysis of the petroleum-engine cargo trucks 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 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new
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
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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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