Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Sri Lanka - 2022
Contents:
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Sri Lanka (CIF) - 2022
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Sri Lanka (FOB) - 2022
- Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Sri Lanka
- Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Sri Lanka
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Sri Lanka (CIF) - 2022
In 2022, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $4,653 per ton, with a decrease of -44.5% against the previous year. In general, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 107% against the previous year. Over the period under review, average import prices reached the maximum at $18,961 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($10,148 per ton), while the price for India ($4,122 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Sri Lanka (FOB) - 2022
In 2022, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $18,929 per ton, growing by 5% against the previous year. In general, the export price continues to indicate a temperate increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 72% against the previous year. The export price peaked at $39,511 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +7.4% per year.
Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Sri Lanka
Imports of machinery; parts of machinery for making or finishing paper or paperboard into Sri Lanka skyrocketed to 203 tons in 2022, growing by 122% against the previous year's figure. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard surged to $947K in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 46%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 144 | 301 | 217 | 764 | 74.4% |
| China | 86.4 | 115 | 330 | 108 | 7.7% |
| Taiwan (Chinese) | 40.3 | 9.2 | 47.1 | 53.6 | 10.0% |
| Others | 119 | 144 | 177 | 21.5 | -43.5% |
| Total | 390 | 570 | 771 | 947 | 34.4% |
Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Sri Lanka in 2022:
- India (185.2 tons)
- China (12.4 tons)
- Taiwan (Chinese) (5.3 tons)
Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Sri Lanka
In 2022, exports of machinery; parts of machinery for making or finishing paper or paperboard from Sri Lanka soared to 19 tons, jumping by 24% against 2021. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 37%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard skyrocketed to $367K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 239 | 209 | 281 | 367 | 15.4% |
| Others | 2.0 | 1.9 | 1.6 | N/A | -10.6% |
| Total | 241 | 211 | 282 | 367 | 15.0% |
Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Sri Lanka in 2022:
- India (19.4 tons)
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