Price for Tanker Trailers and Tanker Semi-Trailers in Sri Lanka - 2021

Contents:

1. Price for Tanker Trailers and Tanker Semi-Trailers in Sri Lanka (CIF) - 2022
2. Price for Tanker Trailers and Tanker Semi-Trailers in Sri Lanka (FOB) - 2022
3. Imports of Tanker Trailers and Tanker Semi-Trailers in Sri Lanka
4. Exports of Tanker Trailers and Tanker Semi-Trailers in Sri Lanka

Price for Tanker Trailers and Tanker Semi-Trailers in Sri Lanka (CIF) - 2022

In 2022, the average import price for tanker trailers and tanker semi-trailerses amounted to $7,972 per unit, with an increase of 137% against the previous year. Over the period under review, the import price, however, showed a mild descent. The pace of growth was the most pronounced in 2015 when the average import price increased by 161%. As a result, import price reached the peak level of $28,697 per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($15,765 per unit), while the price for the United Arab Emirates stood at $178 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+53.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tanker Trailers and Tanker Semi-Trailers in Sri Lanka (FOB) - 2022

In 2022, the average export price for tanker trailers and tanker semi-trailerses amounted to $14,277 per unit, dropping by -24.1% against the previous year. Over the period under review, the export price showed a noticeable downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 252% against the previous year. The export price peaked at $18,846 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($27,108 per unit), while the average price for exports to Maldives ($1,790 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 Philippines (+10.1%), while the prices for the other major destinations experienced a decline.

Imports of Tanker Trailers and Tanker Semi-Trailers in Sri Lanka

After two years of decline, supplies from abroad of tanker trailers and tanker semi-trailerses decreased by -77.8% to 2 units in 2022. Overall, imports saw a sharp descent. The smallest decline of -10% was in 2020. Imports peaked at 10 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, tanker trailers and tanker semi-trailers imports fell dramatically to $16K in 2022. Over the period under review, imports recorded a dramatic contraction. The pace of growth was the most pronounced in 2020 with an increase of 25%. As a result, imports reached the peak of $49K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Tanker Trailers and Tanker Semi-Trailers to Sri Lanka in 2022:

1. United Arab Emirates (1.0 units)
2. Netherlands (1.0 units)

Exports of Tanker Trailers and Tanker Semi-Trailers in Sri Lanka

In 2022, exports of tanker trailers and tanker semi-trailerses from Sri Lanka was estimated at 3 units, approximately reflecting the year before. In general, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, tanker trailers and tanker semi-trailers exports plummeted to $43K in 2022. Overall, total exports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +3.8% 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 +46.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 93% against the previous year. As a result, the exports reached the peak of $56K, and then shrank markedly in the following year.

Top Export Markets for Tanker Trailers and Tanker Semi-Trailers from Sri Lanka in 2022:

1. Philippines (1.0 units)
2. Seychelles (1.0 units)
3. Maldives (1.0 units)

Source: IndexBox Market Intelligence Platform