Sri Lanka - Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Sri Lanka - Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process - Market Analysis, Forecast, Size, Trends and Insights

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Price for Machinery for Material Treatment by Heating or Cooling Process in Sri Lanka - 2022

Contents:

  1. Price for Machinery for Material Treatment by Heating or Cooling Process in Sri Lanka (CIF) - 2022
  2. Price for Machinery for Material Treatment by Heating or Cooling Process in Sri Lanka (FOB) - 2022
  3. Imports of Machinery for Material Treatment by Heating or Cooling Process in Sri Lanka
  4. Exports of Machinery for Material Treatment by Heating or Cooling Process in Sri Lanka

Price for Machinery for Material Treatment by Heating or Cooling Process in Sri Lanka (CIF) - 2022

The average import price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process stood at $8,927 per unit in 2022, rising by 24% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs at $9,806 per unit in 2015; however, from 2016 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 Poland ($12,469 per unit), while the price for Switzerland ($1,935 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery for Material Treatment by Heating or Cooling Process in Sri Lanka (FOB) - 2022

The average export price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process stood at $4,354 per unit in 2022, increasing by 553% against the previous year. Overall, the export price enjoyed notable growth. The export price peaked at $4,888 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($6,262 per unit), while the average price for exports to Maldives ($1,779 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 the United Arab Emirates (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery for Material Treatment by Heating or Cooling Process in Sri Lanka

In 2022, overseas purchases of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process decreased by -43.3% to 873 units, falling for the second year in a row after two years of growth. Over the period under review, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year. As a result, imports attained the peak of 2K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process contracted rapidly to $7.8M in 2022. In general, imports continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 14%. As a result, imports reached the peak of $11M, and then declined rapidly in the following year.

Import of Machinery for Material Treatment by Heating or Cooling Process in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4202,5072,5221,6805.8%
India1,3803,2344,4311,4902.6%
Germany1,6821,1427501,479-4.2%
Belgium1031753191,065117.9%
Poland43511114.088526.7%
United States27361.239.3234-5.0%
Switzerland13.52.92.436.839.7%
Netherlands1,3491989748.6-81.5%
Australia317225138N/A-34.0%
Others1,8882,0581,932914-21.5%
Total8,8619,71411,1217,793-4.2%

Top Suppliers of Machinery for Material Treatment by Heating or Cooling Process to Sri Lanka in 2022:

  1. Belgium (297.0 units)
  2. China (136.0 units)
  3. India (120.0 units)
  4. Germany (119.0 units)
  5. Poland (71.0 units)
  6. United States (19.0 units)
  7. Switzerland (19.0 units)
  8. Netherlands (1.0 units)

Exports of Machinery for Material Treatment by Heating or Cooling Process in Sri Lanka

Exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process from Sri Lanka dropped significantly to 3 units in 2022, waning by -76.9% compared with the year before. Over the period under review, exports faced a sharp setback. The smallest decline of -9.5% was in 2020. Over the period under review, the exports of reached the maximum at 21 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process soared to $13K in 2022. In general, exports continue to indicate a sharp reduction. The exports peaked at $102K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Machinery for Material Treatment by Heating or Cooling Process in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1.50.70.26.361.3%
India0.10.10.15.0268.4%
Maldives0.20.30.11.8108.0%
Dominican RepublicN/A1.2N/AN/A0%
ChinaN/AN/AN/AN/A0%
BelgiumN/AN/A0.6N/A0%
Germany45.922.36.6N/A-62.1%
AustraliaN/AN/AN/AN/A0%
AustriaN/A6.2N/AN/A0%
Japan2.41.00.2N/A-71.1%
Indonesia1.50.60.1N/A-74.2%
OmanN/A22.00.7N/A-96.8%
Ghana36.0N/AN/AN/A0%
Others13.90.70.1N/A-91.5%
Total10255.18.713.1-49.5%

Top Export Markets for Machinery for Material Treatment by Heating or Cooling Process from Sri Lanka in 2022:

  1. United Arab Emirates (1.0 units)
  2. Maldives (1.0 units)
  3. India (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machinery for material treatment by heating or cooling process 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 28296030 - Cooling towers and similar plant for direct cooling by means of recirculated water
  • Prodcom 28296050 - Vacuum-vapour plant for the deposition of metal
  • Prodcom 28296090 - Machinery, plant or laboratory equipment, whether or not electrically heated, for the treatment of materials by a process involving a change of temperature, n.e.c.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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