Sri Lanka - Toothed Wheels, Chain Sprockets and Other Transmission Elements - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Sri Lanka - 2022
Contents:
- Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Sri Lanka (CIF) - 2022
- Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Sri Lanka (FOB) - 2022
- Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Sri Lanka
- Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Sri Lanka
Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Sri Lanka (CIF) - 2022
The average import price for toothed wheels, chain sprockets and other transmission elements stood at $16,314 per ton in 2022, rising by 32% against the previous year. In general, the import price, however, showed a noticeable slump. The growth pace was the most rapid in 2018 an increase of 240%. As a result, import price reached the peak level of $47,042 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($16,307 per ton) and the UK ($16,307 per ton), while the price for Singapore ($16,305 per ton) and Switzerland ($16,305 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-2.4%), while the prices for the other major suppliers experienced a decline.
Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Sri Lanka (FOB) - 2022
The average export price for toothed wheels, chain sprockets and other transmission elements stood at $28,133 per ton in 2022, with an increase of 58% against the previous year. Over the period under review, the export price enjoyed a temperate increase. The pace of growth appeared the most rapid in 2019 an increase of 64%. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($28,905 per ton) and Malaysia ($28,375 per ton), while the average price for exports to Swaziland ($27,091 per ton) and Kenya ($27,273 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Sri Lanka
In 2022, the amount of toothed wheels, chain sprockets and other transmission elements imported into Sri Lanka contracted notably to 164 tons, falling by -44% compared with the previous year. In general, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 56% against the previous year. As a result, imports reached the peak of 293 tons, and then shrank remarkably in the following year.
In value terms, imports of toothed wheels, chain sprockets and other transmission elements contracted markedly to $2.7M in 2022. Over the period under review, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports attained the peak of $3.6M, and then fell sharply in the following year.
Import of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Sri Lanka (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 743 | 648 | 1,059 | 829 | 3.7% |
India | 512 | 265 | 643 | 565 | 3.3% |
Germany | 582 | 378 | 331 | 213 | -28.5% |
United Kingdom | 117 | 33.9 | 8.6 | 134 | 4.6% |
Singapore | 72.3 | 19.3 | 94.0 | 119 | 18.1% |
Italy | 112 | 73.6 | 122 | 97.4 | -4.5% |
France | 96.2 | 48.4 | 14.1 | 93.6 | -0.9% |
Switzerland | 19.5 | 17.2 | 36.8 | 87.2 | 64.8% |
Finland | 62.4 | 0.5 | 80.5 | 79.8 | 8.5% |
United States | 71.8 | 72.7 | 237 | 64.6 | -3.5% |
Netherlands | 27.0 | 30.2 | 91.0 | 55.2 | 26.9% |
Malaysia | 6.6 | 33.6 | 69.3 | 53.4 | 100.8% |
Hong Kong SAR | 96.1 | 4.6 | 12.9 | 47.6 | -20.9% |
Others | 400 | 826 | 806 | 237 | -16.0% |
Total | 2,918 | 2,451 | 3,605 | 2,675 | -2.9% |
Top Suppliers of Toothed Wheels, Chain Sprockets and Other Transmission Elements to Sri Lanka in 2022:
- China (50.8 tons)
- India (34.6 tons)
- Germany (13.0 tons)
- United Kingdom (8.2 tons)
- Singapore (7.3 tons)
- Italy (6.0 tons)
- France (5.7 tons)
- Switzerland (5.3 tons)
- Finland (4.9 tons)
- United States (4.0 tons)
- Netherlands (3.4 tons)
- Malaysia (3.3 tons)
- Hong Kong SAR (2.9 tons)
Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Sri Lanka
For the third consecutive year, Sri Lanka recorded decline in shipments abroad of toothed wheels, chain sprockets and other transmission elements, which decreased by -72.3% to 279 kg in 2022. Over the period under review, exports recorded a sharp downturn. The smallest decline of -55.2% was in 2020.
In value terms, exports of toothed wheels, chain sprockets and other transmission elements shrank significantly to $7.8K in 2022. In general, exports continue to indicate a significant contraction. The smallest decline of -36% was in 2021.
Export of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Maldives | 0.6 | N/A | 0.7 | 2.6 | 63.0% |
Singapore | 8.0 | 0.1 | N/A | 2.6 | -31.2% |
Malaysia | N/A | N/A | N/A | 0.9 | 0% |
India | N/A | 0.5 | 0.3 | 0.6 | 9.5% |
Japan | 2.3 | N/A | N/A | 0.4 | -44.2% |
Swaziland | N/A | N/A | N/A | 0.3 | 0% |
Kenya | N/A | 0.6 | N/A | 0.3 | -29.3% |
Denmark | 7.3 | 4.4 | 0.3 | 0.2 | -69.9% |
China | 10.4 | 4.5 | 0.2 | N/A | -86.1% |
Mali | 2.0 | N/A | N/A | N/A | 0% |
Egypt | 8.1 | N/A | N/A | N/A | 0% |
Mexico | N/A | 8.1 | N/A | N/A | 0% |
Ukraine | 1.0 | 3.3 | N/A | N/A | 230.0% |
Others | 23.5 | 6.6 | 16.4 | N/A | -16.5% |
Total | 63.2 | 28.0 | 17.9 | 7.8 | -50.2% |
Top Export Markets for Toothed Wheels, Chain Sprockets and Other Transmission Elements from Sri Lanka in 2022:
- Singapore (92.0 kg)
- Maldives (91.0 kg)
- Malaysia (32.0 kg)
- India (21.0 kg)
- Japan (13.0 kg)
- Swaziland (11.0 kg)
- Kenya (11.0 kg)
- Denmark (8.0 kg)
This report provides an in-depth analysis of the market for toothed wheels, chain sprockets and other transmission elements in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28153930 - Parts of bearing housings
- Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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