Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Sri Lanka - 2022

Contents:

  1. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Sri Lanka (CIF) - 2022
  2. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Sri Lanka (FOB) - 2022
  3. Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Sri Lanka
  4. Exports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Sri Lanka

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Sri Lanka (CIF) - 2022

The average import price for metal-rolling mills; hot or combination hot and cold rolling millses stood at $6,929 per unit in 2022, growing by 143% against the previous year. Over the period under review, the import price saw a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 1,408%. As a result, import price reached the peak level of $95,321 per unit. From 2018 to 2022, the average 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 China ($18,755 per unit), while the price for Singapore ($45 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+216.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Sri Lanka (FOB) - 2022

In 2021, the average export price for metal-rolling mills; hot or combination hot and cold rolling millses amounted to $378 per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked at $1,334 per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2015 to 2021, the rate of growth in terms of prices for Maldives amounted to -27.1% per year.

Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Sri Lanka

In 2022, supplies from abroad of metal-rolling mills; hot or combination hot and cold rolling millses decreased by -57.1% to 3 units, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2020 when imports increased by 20%. As a result, imports reached the peak of 12 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of metal-rolling mills; hot or combination hot and cold rolling millses rose modestly to $21K in 2022. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 29% against the previous year. As a result, imports reached the peak of $42K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18.212.813.618.81.1%
India13.929.05.82.0-47.6%
Japan0.2N/A0.5N/A58.1%
Singapore0.1N/A0.1N/A0.0%
OthersN/AN/AN/AN/A0%
Total32.441.919.920.8-13.7%

Top Suppliers of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills to Sri Lanka in 2022:

  1. India (1.0 units)
  2. China (1.0 units)
  3. Singapore (1.0 units)

Exports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Sri Lanka

In 2021, the amount of metal-rolling mills; hot or combination hot and cold rolling millses exported from Sri Lanka stood at 1 units, almost unchanged from 2020 figures. Over the period under review, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, exports of metal-rolling mills; hot or combination hot and cold rolling millses amounted to $378 in 2021. In general, exports showed a sharp decline. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the maximum at $712 in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Export of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Sri Lanka (USD)
COUNTRY201920202021CAGR,
2019-2021
Maldives712N/A378-27.1%
OthersN/AN/AN/A0%
Total712N/A378-27.1%

Top Export Markets for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills from Sri Lanka in 2022:

  1. Maldives (1.0 units)

Source: IndexBox Market Intelligence Platform

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