Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Sri Lanka - 2022
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Sri Lanka (CIF) - 2022
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Sri Lanka (FOB) - 2022
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Sri Lanka
- Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Sri Lanka
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Sri Lanka (CIF) - 2022
In 2022, the average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $2,507 per unit, which is down by -44.5% against the previous year. In general, the import price, however, recorded moderate growth. The pace of growth was the most pronounced in 2013 an increase of 132% against the previous year. The import price peaked at $4,514 per unit in 2021, and then reduced rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($10,363 per unit), while the price for Japan ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Sri Lanka (FOB) - 2022
The average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $2,596 per unit in 2022, growing by 51% against the previous year. In general, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 643% against the previous year. The export price peaked at $2,836 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($2,511 per unit), while the average price for exports to India ($27 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 Seychelles (+351.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Sri Lanka
Imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses into Sri Lanka declined rapidly to 20 units in 2022, waning by -91.7% against the previous year. Overall, imports recorded a dramatic decline. The pace of growth was the most pronounced in 2021 when imports increased by 78%. As a result, imports reached the peak of 240 units, and then shrank notably in the following year.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses contracted significantly to $50K in 2022. Over the period under review, imports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 138%. As a result, imports attained the peak of $1.1M, and then shrank significantly in the following year.
| Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 93.5 | 180 | 401 | 41.5 | -23.7% |
| Italy | 155 | 158 | 0.5 | 4.9 | -68.4% |
| France | 51.4 | 52.7 | 62.3 | 2.0 | -66.1% |
| Switzerland | 24.7 | 27.4 | 35.0 | 1.2 | -63.5% |
| China | 136 | 29.8 | 576 | 0.3 | -87.0% |
| South Korea | 0.7 | 1.0 | 1.5 | 0.1 | -47.7% |
| Hong Kong SAR | 5.9 | 1.6 | 1.6 | N/A | -47.9% |
| Japan | N/A | N/A | N/A | N/A | 0% |
| India | 0.1 | 0.5 | 0.1 | N/A | 0.0% |
| United Arab Emirates | 4.3 | 0.1 | 0.2 | N/A | -78.4% |
| Singapore | 0.5 | 0.6 | 1.1 | N/A | 48.3% |
| Taiwan (Chinese) | 5.7 | 0.3 | 0.5 | N/A | -70.4% |
| Australia | 0.5 | 0.5 | 0.6 | N/A | 9.5% |
| Others | 1.8 | 2.2 | 3.5 | 0.2 | -51.9% |
| Total | 480 | 455 | 1,083 | 50.1 | -52.9% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Sri Lanka in 2022:
- Germany (4.0 units)
- Italy (2.0 units)
- Australia (1.0 units)
- Taiwan (Chinese) (1.0 units)
- Singapore (1.0 units)
- United Arab Emirates (1.0 units)
- India (1.0 units)
- France (1.0 units)
- China (1.0 units)
- Switzerland (1.0 units)
- Japan (1.0 units)
- South Korea (1.0 units)
- Hong Kong SAR (1.0 units)
Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Sri Lanka
In 2022, shipments abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses decreased by -44.4% to 5 units, falling for the second year in a row after two years of growth. Overall, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 85%. As a result, the exports reached the peak of 24 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses declined dramatically to $13K in 2022. In general, exports faced a sharp slump. The growth pace was the most rapid in 2020 when exports increased by 58%. As a result, the exports attained the peak of $58K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 34.0 | 50.8 | 14.9 | 5.0 | -47.2% |
| Maldives | 0.1 | 0.3 | 0.1 | 0.1 | 0.0% |
| Vietnam | 0.4 | 0.8 | 0.4 | 0.1 | -37.0% |
| Seychelles | N/A | 5.8 | N/A | N/A | 0% |
| Kenya | N/A | 0.4 | N/A | N/A | 0% |
| Ethiopia | 1.8 | N/A | N/A | N/A | 0% |
| India | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.4 | N/A | N/A | 7.7 | 168.0% |
| Total | 36.9 | 58.2 | 15.5 | 13.0 | -29.4% |
Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Sri Lanka in 2022:
- United Kingdom (2.0 units)
- Maldives (1.0 units)
- India (1.0 units)
- Vietnam (1.0 units)
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