Price for Book-Binding Machinery; Including Book-Sewing Machines in Sri Lanka - 2021

Contents:

  1. Price for Book-Binding Machinery; Including Book-Sewing Machines in Sri Lanka (CIF) - 2022
  2. Price for Book-Binding Machinery; Including Book-Sewing Machines in Sri Lanka (FOB) - 2022
  3. Imports of Book-Binding Machinery; Including Book-Sewing Machines in Sri Lanka
  4. Exports of Book-Binding Machinery; Including Book-Sewing Machines in Sri Lanka

Price for Book-Binding Machinery; Including Book-Sewing Machines in Sri Lanka (CIF) - 2022

The average import price for book-binding machinery; including book-sewing machineses stood at $407 per unit in 2022, declining by -17.9% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 40% against the previous year. As a result, import price attained the peak level of $585 per unit. From 2020 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 Italy ($4,553 per unit), while the price for India ($363 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+61.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Book-Binding Machinery; Including Book-Sewing Machines in Sri Lanka (FOB) - 2022

The average export price for book-binding machinery; including book-sewing machineses stood at $381 per unit in 2022, reducing by -35.1% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 11%. The export price peaked at $587 per unit in 2021, and then shrank significantly in the following year.

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 the United Arab Emirates ($469 per unit), while the average price for exports to Kenya ($50 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 Malaysia (+7.8%), while the prices for the other major destinations experienced a decline.

Imports of Book-Binding Machinery; Including Book-Sewing Machines in Sri Lanka

In 2022, purchases abroad of book-binding machinery; including book-sewing machineses decreased by -66.9% to 341 units, falling for the second consecutive year after two years of growth. Overall, imports recorded a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 101% against the previous year. As a result, imports attained the peak of 1.4K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, book-binding machinery; including book-sewing machines imports reduced sharply to $139K in 2022. In general, imports saw a dramatic slump. The growth pace was the most rapid in 2020 when imports increased by 57%. As a result, imports reached the peak of $621K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Book-Binding Machinery; Including Book-Sewing Machines in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan10142.760.151.3-20.2%
India99.538024045.8-22.8%
China69.265.779.631.3-23.2%
Germany58.535.713.44.3-58.1%
Sweden5.97.37.1N/A9.7%
RomaniaN/AN/A29.0N/A0%
Others60.889.581.76.1-53.5%
Total395621511139-29.4%

Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to Sri Lanka in 2022:

  1. Japan (128.0 units)
  2. India (126.0 units)
  3. China (79.0 units)
  4. Germany (3.0 units)

Exports of Book-Binding Machinery; Including Book-Sewing Machines in Sri Lanka

In 2022, approx. 25 units of book-binding machinery; including book-sewing machineses were exported from Sri Lanka; increasing by 525% on 2021 figures. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, book-binding machinery; including book-sewing machines exports surged to $9.5K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Book-Binding Machinery; Including Book-Sewing Machines in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A5.70%
PakistanN/AN/AN/A2.90%
Germany0.1N/AN/A0.791.3%
KenyaN/AN/AN/A0.20%
Malaysia3.01.51.2N/A-36.8%
India0.60.50.6N/A0.0%
Bangladesh0.20.10.1N/A-29.3%
Ghana0.8N/AN/AN/A0%
Others0.20.20.3N/A22.5%
Total4.92.32.19.524.7%

Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from Sri Lanka in 2022:

  1. United Arab Emirates (12.0 units)
  2. Pakistan (6.0 units)
  3. Kenya (5.0 units)
  4. Germany (2.0 units)

Source: IndexBox Market Intelligence Platform

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