Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sri Lanka - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sri Lanka (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sri Lanka (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sri Lanka
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sri Lanka
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sri Lanka (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $40 per unit in 2022, picking up by 9.1% against the previous year. In general, the import price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 29%. The import price peaked at $69 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 Germany ($108 per unit), while the price for China ($17 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-1.0%), while the prices for the other major suppliers experienced a decline.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sri Lanka (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $410 per unit, growing by 47% against the previous year. Over the period under review, the export price recorded resilient growth. The growth pace was the most rapid in 2016 when the average export price increased by 289% against the previous year. Over the period under review, the average export prices reached the maximum at $554 per unit in 2020; however, from 2021 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 India ($1,324 per unit), while the average price for exports to Uganda ($4 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 Thailand (+1,000.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sri Lanka
In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type imported into Sri Lanka shrank dramatically to 10K units, which is down by -25.2% against the year before. Over the period under review, imports showed a slight decline. The growth pace was the most rapid in 2021 with an increase of 77%. As a result, imports attained the peak of 13K units, and then plummeted in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type contracted rapidly to $406K in 2022. In general, imports saw a pronounced downturn. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year. As a result, imports reached the peak of $497K, and then dropped significantly in the following year.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 123 | 165 | 176 | 132 | 2.4% |
| Japan | 92.3 | 41.8 | 78.6 | 55.6 | -15.5% |
| Taiwan (Chinese) | 22.9 | 21.9 | 30.0 | 19.6 | -5.1% |
| Germany | 11.3 | 1.3 | 5.0 | 19.1 | 19.1% |
| Iran | 6.3 | 8.2 | 9.5 | 12.8 | 26.7% |
| India | 130 | 7.6 | 27.9 | 9.5 | -58.2% |
| Others | 80.4 | 75.7 | 170 | 157 | 25.0% |
| Total | 467 | 321 | 497 | 406 | -4.6% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Sri Lanka in 2022:
- China (7.8K units)
- Japan (0.5K units)
- Taiwan (Chinese) (0.4K units)
- Iran (0.2K units)
- Germany (0.2K units)
- India (0.1K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sri Lanka
In 2022, shipments abroad of tools; for working in the hand, pneumatic, other than rotary type was finally on the rise to reach 40 units after two years of decline. Over the period under review, exports, however, showed a abrupt downturn. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type reached the maximum at 64 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type skyrocketed to $16K in 2022. Overall, exports, however, showed a deep slump. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type hit record highs at $32K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 19.6 | 19.6 | 2.6 | 13.2 | -12.3% |
| China | 1.0 | 4.3 | 0.4 | 1.3 | 9.1% |
| Germany | 0.1 | 0.2 | N/A | 1.1 | 122.4% |
| Seychelles | N/A | 0.1 | N/A | 0.3 | 73.2% |
| Maldives | 0.6 | 0.4 | N/A | 0.2 | -30.7% |
| United Arab Emirates | N/A | N/A | N/A | 0.1 | 0% |
| Japan | N/A | N/A | N/A | 0.1 | 0% |
| Spain | N/A | N/A | N/A | N/A | 0% |
| Thailand | N/A | N/A | N/A | N/A | 0% |
| Uganda | N/A | N/A | N/A | N/A | 0% |
| Australia | N/A | N/A | N/A | N/A | 0% |
| South Africa | N/A | 7.0 | N/A | N/A | 0% |
| Netherlands | 0.3 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 22.0 | 31.6 | 3.1 | 16.4 | -9.3% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Sri Lanka in 2022:
- Germany (13.0 units)
- India (10.0 units)
- Maldives (5.0 units)
- China (3.0 units)
- Seychelles (3.0 units)
- United Arab Emirates (1.0 units)
- Japan (1.0 units)
- Australia (1.0 units)
- Uganda (1.0 units)
- Thailand (1.0 units)
- Spain (1.0 units)
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