Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Sri Lanka - 2022
Contents:
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Sri Lanka (CIF) - 2022
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Sri Lanka (FOB) - 2022
- Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Sri Lanka
- Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Sri Lanka
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Sri Lanka (CIF) - 2022
The average import price for generators stood at $149 per unit in 2022, reducing by -17.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs at $213 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 ($424 per unit), while the price for China ($44 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Sri Lanka (FOB) - 2022
In 2022, the average export price for generators amounted to $101 per unit, with a decrease of -65.1% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 72% against the previous year. The export price peaked at $1,391 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +54.1% per year.
Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Sri Lanka
In 2022, approx. 10K units of generators were imported into Sri Lanka; jumping by 967% on the year before. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of generators skyrocketed to $1.5M in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.6 | 0.1 | 93.8 | 697 | 271.4% |
| Italy | 20.5 | 0.6 | 0.7 | 560 | 201.2% |
| China | 15.1 | 2.5 | 13.0 | 184 | 130.1% |
| Others | 133 | 56.4 | 62.6 | 58.8 | -23.8% |
| Total | 182 | 59.5 | 170 | 1,499 | 101.9% |
Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to Sri Lanka in 2022:
- United States (4.4K units)
- China (4.2K units)
- Italy (1.3K units)
Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Sri Lanka
For the third consecutive year, Sri Lanka recorded decline in overseas shipments of generators, which decreased by -42.1% to 11 units in 2022. Over the period under review, exports recorded a dramatic curtailment. Over the period under review, the exports of attained the peak figure at 288 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of generators dropped sharply to $1.1K in 2022. Overall, exports recorded a sharp descent. Over the period under review, the exports of hit record highs at $251K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 16.4 | 0.5 | N/A | 1.1 | -59.4% |
| India | 0.8 | 0.3 | N/A | N/A | -62.5% |
| United Arab Emirates | 21.6 | 2.2 | N/A | N/A | -89.8% |
| Singapore | 211 | 26.3 | 5.4 | N/A | -84.0% |
| Others | 0.9 | 9.9 | 0.1 | N/A | -66.7% |
| Total | 251 | 39.2 | 5.5 | 1.1 | -83.6% |
Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from Sri Lanka in 2022:
- Maldives (11.0 units)
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