Sri Lanka - Machinery For Public Works And Building - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPublic Works Machinery Price in Sri Lanka - 2021
Contents:
- Public Works Machinery Price in Sri Lanka (CIF) - 2022
- Public Works Machinery Price in Sri Lanka (FOB) - 2022
- Public Works Machinery Imports in Sri Lanka
- Public Works Machinery Exports in Sri Lanka
Public Works Machinery Price in Sri Lanka (CIF) - 2022
The average public works machinery import price stood at $7,412 per unit in 2022, which is down by -16.6% against the previous year. In general, the import price recorded a deep downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 97% against the previous year. As a result, import price attained the peak level of $17,113 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($88,851 per unit), while the price for China ($1,963 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+17.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Public Works Machinery Price in Sri Lanka (FOB) - 2022
In 2022, the average public works machinery export price amounted to $62,109 per unit, surging by 245% against the previous year. In general, the export price posted a buoyant increase. The growth pace was the most rapid in 2015 an increase of 471% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($160,891 per unit), while the average price for exports to India ($349 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 Taiwan (Chinese) (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.
Public Works Machinery Imports in Sri Lanka
In 2022, the amount of machinery for public works and building imported into Sri Lanka declined remarkably to 134 units, which is down by -70.8% against the previous year. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 144% against the previous year. As a result, imports attained the peak of 459 units, and then declined rapidly in the following year.
In value terms, public works machinery imports fell sharply to $993K in 2022. Over the period under review, imports faced a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. As a result, imports reached the peak of $4.1M, and then shrank rapidly in the following year.
Import of Public Works Machinery in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 299 | 58.4 | 74.2 | 533 | 21.3% |
China | 151 | 315 | 357 | 234 | 15.7% |
Japan | 414 | 227 | 386 | 34.7 | -56.2% |
India | 600 | 294 | 870 | N/A | 20.4% |
Taiwan (Chinese) | 270 | 165 | 305 | N/A | 6.3% |
Netherlands | 502 | 0.6 | 0.2 | N/A | -98.0% |
Others | 1,191 | 1,486 | 2,084 | 192 | -45.6% |
Total | 3,426 | 2,547 | 4,077 | 993 | -33.8% |
Top Suppliers of Public Works Machinery to Sri Lanka in 2022:
- China (119.0 units)
- Singapore (6.0 units)
- Japan (5.0 units)
Public Works Machinery Exports in Sri Lanka
In 2022, after three years of growth, there was significant decline in overseas shipments of machinery for public works and building, when their volume decreased by -89.8% to 6 units. Overall, exports recorded a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 354% against the previous year. As a result, the exports reached the peak of 59 units, and then reduced notably in the following year.
In value terms, public works machinery exports declined markedly to $373K in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 586% against the previous year. As a result, the exports reached the peak of $1.1M, and then fell rapidly in the following year.
Export of Public Works Machinery in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bangladesh | N/A | N/A | N/A | 161 | 0% |
Malaysia | N/A | N/A | N/A | 108 | 0% |
United Arab Emirates | N/A | N/A | N/A | 95.9 | 0% |
Taiwan (Chinese) | 0.2 | 39.1 | 861 | 7.3 | 231.7% |
India | 0.4 | 6.3 | 2.8 | 0.3 | -9.1% |
Germany | N/A | N/A | 18.6 | N/A | 0% |
Oman | 43.0 | 1.7 | N/A | N/A | -96.0% |
Singapore | 0.8 | 93.7 | 129 | N/A | 1169.8% |
Maldives | 0.1 | 3.0 | 4.2 | N/A | 548.1% |
Others | 0.3 | 11.2 | 48.1 | N/A | 1166.2% |
Total | 44.8 | 155 | 1,063 | 373 | 102.7% |
Top Export Markets for Public Works Machinery from Sri Lanka in 2022:
- Malaysia (2.0 units)
- United Arab Emirates (1.0 units)
- India (1.0 units)
- Bangladesh (1.0 units)
- Taiwan (Chinese) (1.0 units)
This report provides an in-depth analysis of the public works machinery market 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 28923090 - Machinery for public works, building..., having individual functions
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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