Sri Lanka - Turbo, Rotary and Reciporating Displacement Compressors - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sri Lanka - Turbo, Rotary and Reciporating Displacement Compressors - Market Analysis, Forecast, Size, Trends And Insights

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Price for Turbo, Rotary and Reciporating Displacement Compressor in Sri Lanka - 2022

Contents:

  1. Price for Turbo, Rotary and Reciporating Displacement Compressor in Sri Lanka (CIF) - 2022
  2. Price for Turbo, Rotary and Reciporating Displacement Compressor in Sri Lanka (FOB) - 2022
  3. Imports of Turbo, Rotary and Reciporating Displacement Compressor in Sri Lanka
  4. Exports of Turbo, Rotary and Reciporating Displacement Compressor in Sri Lanka

Price for Turbo, Rotary and Reciporating Displacement Compressor in Sri Lanka (CIF) - 2022

The average import price for turbo, rotary and reciporating displacement compressors stood at $81 per unit in 2022, surging by 53% against the previous year. Over the period under review, the import price enjoyed temperate growth. The most prominent rate of growth was recorded in 2018 an increase of 201%. As a result, import price attained the peak level of $133 per unit. From 2019 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 Italy ($465 per unit), while the price for Malaysia ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Turbo, Rotary and Reciporating Displacement Compressor in Sri Lanka (FOB) - 2022

In 2022, the average export price for turbo, rotary and reciporating displacement compressors amounted to $812 per unit, picking up by 29% against the previous year. Overall, the export price saw a noticeable expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 153% against the previous year. As a result, the export price reached the peak level of $1,462 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($3,243 per unit), while the average price for exports to Ethiopia ($97 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 United Arab Emirates (+208.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo, Rotary and Reciporating Displacement Compressor in Sri Lanka

In 2022, after three years of growth, there was significant decline in purchases abroad of turbo, rotary and reciporating displacement compressors, when their volume decreased by -75.4% to 76K units. In general, imports faced a precipitous descent. The pace of growth was the most pronounced in 2021 when imports increased by 48% against the previous year. As a result, imports reached the peak of 309K units, and then shrank markedly in the following year.

In value terms, imports of turbo, rotary and reciporating displacement compressors shrank markedly to $6.2M in 2022. Over the period under review, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 55%. Imports peaked at $18M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Turbo, Rotary and Reciporating Displacement Compressor in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4,2523,2267,0331,942-23.0%
Italy2,294185341710-32.4%
India1,0231,3051,861504-21.0%
Belgium4294225384300.1%
Japan956387657256-35.5%
Singapore152255665113-9.4%
Taiwan (Chinese)21827865470.6-31.3%
Thailand75.517275.215.5-41.0%
South Korea12466273.012.0-54.1%
SloveniaN/A166N/AN/A0%
Others8,1543,5434,5502,133-36.0%
Total17,67810,60116,4476,186-29.5%

Top Suppliers of Turbo, Rotary and Reciporating Displacement Compressor to Sri Lanka in 2022:

  1. China (56.0K units)
  2. Japan (4.7K units)
  3. India (3.2K units)
  4. Singapore (1.9K units)
  5. Italy (1.5K units)
  6. Taiwan (Chinese) (1.2K units)
  7. Belgium (1.2K units)
  8. South Korea (0.7K units)
  9. Thailand (0.4K units)

Exports of Turbo, Rotary and Reciporating Displacement Compressor in Sri Lanka

In 2022, the amount of turbo, rotary and reciporating displacement compressors exported from Sri Lanka surged to 270 units, increasing by 48% against 2021 figures. In general, exports showed buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 435% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of turbo, rotary and reciporating displacement compressors skyrocketed to $219K in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,019%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

Export of Turbo, Rotary and Reciporating Displacement Compressor in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IranN/AN/AN/A1230%
South KoreaN/AN/AN/A33.20%
India0.2N/AN/A22.7384.2%
Maldives50.86.854.113.6-35.5%
SeychellesN/A0.1N/A6.6712.4%
Japan6.8N/AN/A6.3-2.5%
United Arab EmiratesN/A0.1N/A3.9524.5%
Ethiopia0.9N/A5.10.1-51.9%
Kenya21.9N/AN/AN/A0%
Others8.73.255.710.25.4%
Total89.210.311521934.9%

Top Export Markets for Turbo, Rotary and Reciporating Displacement Compressor from Sri Lanka in 2022:

  1. Iran (165.0 units)
  2. South Korea (46.0 units)
  3. Maldives (19.0 units)
  4. Seychelles (11.0 units)
  5. Japan (9.0 units)
  6. India (7.0 units)
  7. United Arab Emirates (6.0 units)
  8. Ethiopia (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for turbo, rotary and reciporating displacement compressor 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 28132530 - Turbo-compressors, single stage
  • Prodcom 28132550 - Turbo-compressors, multistage
  • Prodcom 28132630 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow . .60 m./hour
  • Prodcom 28132650 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow per hour > .60 m.
  • Prodcom 28132670 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour . .120 m.
  • Prodcom 28132690 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour > .120 m.
  • Prodcom 28132730 - Rotary displacement compressors, single-shaft
  • Prodcom 28132753 - Multi-shaft screw compressors
  • Prodcom 28132755 - Multi-shaft compressors (excluding screw compressors)
  • Prodcom 28132800 - Air/gas compressors excluding air/vacuum pumps used in refrigeration, air compressors mounted on wheeled chassis, t urbo compressors, reciprocating and rotary displacement compressors

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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