Price for Engravings, Prints and Lithographs; Original in Sri Lanka - 2021

Contents:

1. Price for Engravings, Prints and Lithographs; Original in Sri Lanka (CIF) - 2022
2. Price for Engravings, Prints and Lithographs; Original in Sri Lanka (FOB) - 2022
3. Imports of Engravings, Prints and Lithographs; Original in Sri Lanka
4. Exports of Engravings, Prints and Lithographs; Original in Sri Lanka

Price for Engravings, Prints and Lithographs; Original in Sri Lanka (CIF) - 2022

The average import price for engravings, prints and lithographs; originals stood at $22 per unit in 2022, surging by 593% against the previous year. In general, the import price recorded a significant increase. The pace of growth was the most pronounced in 2013 an increase of 682% against the previous year. As a result, import price reached the peak level of $24 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +0.8% per year.

Price for Engravings, Prints and Lithographs; Original in Sri Lanka (FOB) - 2022

The average export price for engravings, prints and lithographs; originals stood at $3.9 per unit in 2022, dropping by -29.1% against the previous year. Overall, the export price saw a dramatic setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices reached the maximum at $36 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($26 per unit), while the average price for exports to the UK ($2.1 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 Australia (+12.9%).

Imports of Engravings, Prints and Lithographs; Original in Sri Lanka

In 2022, imports of engravings, prints and lithographs; originals into Sri Lanka reduced markedly to less than 0.1 units, with a decrease of 99.9% on the year before. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 2,468%. As a result, imports reached the peak of 2K units, and then fell significantly in the following year.

In value terms, engravings, prints and lithographs; original imports contracted rapidly to $6 in 2022. In general, imports recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 4,788%. As a result, imports attained the peak of $6.1K, and then reduced sharply in the following year.

Top Suppliers of Engravings, Prints and Lithographs; Original to Sri Lanka in 2022:

1. Hong Kong SAR (1716.0 units)
2. China (80.0 units)
3. Singapore (79.0 units)
4. United States (51.0 units)

Exports of Engravings, Prints and Lithographs; Original in Sri Lanka

In 2022, engravings, prints and lithographs; original exports from Sri Lanka contracted notably to 667 units, which is down by -29% compared with the previous year's figure. Over the period under review, exports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 11,650%. Over the period under review, the exports reached the peak figure at 2.2K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, engravings, prints and lithographs; original exports contracted remarkably to $2.6K in 2022. In general, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 16,069% against the previous year. Over the period under review, the exports reached the peak figure at $9.7K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Engravings, Prints and Lithographs; Original from Sri Lanka in 2022:

1. United Kingdom (616.0 units)
2. Australia (20.0 units)
3. Portugal (15.0 units)

Source: IndexBox Market Intelligence Platform