Price for Baby Carriages and Parts Thereof in Sri Lanka - 2021

Contents:

1. Price for Baby Carriages and Parts Thereof in Sri Lanka (CIF) - 2022
2. Price for Baby Carriages and Parts Thereof in Sri Lanka (FOB) - 2022
3. Imports of Baby Carriages and Parts Thereof in Sri Lanka
4. Exports of Baby Carriages and Parts Thereof in Sri Lanka

Price for Baby Carriages and Parts Thereof in Sri Lanka (CIF) - 2022

In 2022, the average import price for baby carriages and parts thereoves amounted to $12 per unit, with a decrease of -49.6% against the previous year. Overall, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 44%. Over the period under review, average import prices hit record highs at $40 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -5.0% per year.

Price for Baby Carriages and Parts Thereof in Sri Lanka (FOB) - 2022

In 2022, the average export price for baby carriages and parts thereoves amounted to $22 per unit, dropping by -9.4% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of 53% against the previous year. As a result, the export price attained the peak level of $136 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($94 per unit), while the average price for exports to Seychelles ($16 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 Maldives (+4.1%), while the prices for the other major destinations experienced a decline.

Imports of Baby Carriages and Parts Thereof in Sri Lanka

After three years of growth, supplies from abroad of baby carriages and parts thereoves decreased by -66.3% to 22K units in 2022. In general, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 37%. As a result, imports reached the peak of 66K units, and then contracted markedly in the following year.

In value terms, baby carriages and parts thereof imports declined sharply to $273K in 2022. Over the period under review, imports faced a sharp reduction. The growth pace was the most rapid in 2020 with an increase of 71% against the previous year. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Baby Carriages and Parts Thereof to Sri Lanka in 2022:

1. China (21.8K units)

Exports of Baby Carriages and Parts Thereof in Sri Lanka

After three years of growth, overseas shipments of baby carriages and parts thereoves decreased by -98.9% to 7 units in 2022. Over the period under review, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 260% against the previous year. Over the period under review, the exports attained the peak figure at 626 units in 2021, and then reduced markedly in the following year.

In value terms, baby carriages and parts thereof exports reduced rapidly to $150 in 2022. In general, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Over the period under review, the exports attained the peak figure at $21K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Baby Carriages and Parts Thereof from Sri Lanka in 2022:

1. Seychelles (5.0 units)
2. United Kingdom (2.0 units)

Source: IndexBox Market Intelligence Platform