Sri Lanka - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRide-On Compaction Equipment Price in Sri Lanka - 2021
Contents:
- Ride-On Compaction Equipment Price in Sri Lanka (CIF) - 2022
- Ride-On Compaction Equipment Price in Sri Lanka (FOB) - 2022
- Ride-On Compaction Equipment Imports in Sri Lanka
- Ride-On Compaction Equipment Exports in Sri Lanka
Ride-On Compaction Equipment Price in Sri Lanka (CIF) - 2022
The average ride-on compaction equipment import price stood at $13,240 per unit in 2022, picking up by 2% against the previous year. Over the period under review, the import price, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of 22%. Over the period under review, average import prices attained the maximum at $33,881 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($71,078 per unit), while the price for the United Arab Emirates ($2,211 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Ride-On Compaction Equipment Price in Sri Lanka (FOB) - 2022
In 2022, the average ride-on compaction equipment export price amounted to $30,785 per unit, surging by 549% against the previous year. Over the period under review, the export price posted a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Mexico ($195,686 per unit), while the average price for exports to the Philippines ($8,844 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 Philippines (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.
Ride-On Compaction Equipment Imports in Sri Lanka
In 2022, supplies from abroad of ride-on compaction equipment decreased by -83.1% to 138 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 797% against the previous year. Imports peaked at 815 units in 2021, and then declined notably in the following year.
In value terms, ride-on compaction equipment imports reduced rapidly to $1.8M in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 799% against the previous year. Imports peaked at $11M in 2021, and then reduced rapidly in the following year.
| Import of Ride-On Compaction Equipment in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 62.9 | 244 | 461 | 569 | 108.4% |
| China | 98.0 | 2,906 | 2,382 | 494 | 71.5% |
| Japan | 91.7 | 1,034 | 3,077 | 438 | 68.4% |
| Italy | 84.8 | 240 | 460 | 154 | 22.0% |
| United Kingdom | 22.6 | 159 | 231 | 34.0 | 14.6% |
| United Arab Emirates | 0.6 | 2.6 | 7.7 | 8.8 | 144.8% |
| Ethiopia | 105 | 342 | 545 | N/A | 127.8% |
| Others | 321 | 2,143 | 3,420 | 129 | -26.2% |
| Total | 786 | 7,070 | 10,583 | 1,827 | 32.5% |
Top Suppliers of Ride-On Compaction Equipment to Sri Lanka in 2022:
- Japan (84.0 units)
- China (28.0 units)
- India (8.0 units)
- Italy (4.0 units)
- United Arab Emirates (4.0 units)
- United Kingdom (3.0 units)
Ride-On Compaction Equipment Exports in Sri Lanka
For the fourth year in a row, Sri Lanka recorded growth in shipments abroad of ride-on compaction equipment, which increased by 2,500% to 286 units in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ride-on compaction equipment exports soared to $8.8M in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ride-On Compaction Equipment in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 6.0 | 19.1 | 11.6 | 2,022 | 595.9% |
| Mexico | N/A | N/A | N/A | 1,761 | 0% |
| Vietnam | N/A | N/A | N/A | 1,624 | 0% |
| Germany | N/A | N/A | N/A | 951 | 0% |
| Japan | 0.3 | 1.4 | 1.4 | 660 | 1200.6% |
| Singapore | 0.9 | 3.5 | 2.4 | 555 | 751.2% |
| Philippines | 1.4 | 3.7 | 2.0 | 256 | 467.6% |
| Malaysia | N/A | N/A | N/A | 216 | 0% |
| Others | 33.0 | 80.7 | 34.8 | 759 | 184.4% |
| Total | 41.5 | 108 | 52.2 | 8,804 | 496.4% |
Top Export Markets for Ride-On Compaction Equipment from Sri Lanka in 2022:
- United Arab Emirates (89.0 units)
- Vietnam (45.0 units)
- Japan (45.0 units)
- Philippines (29.0 units)
- Singapore (22.0 units)
- Germany (16.0 units)
- Mexico (9.0 units)
- Malaysia (7.0 units)
This report provides an in-depth analysis of the ride-on compaction equipment 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 28922400 - Ride-on compaction equipment and the like
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
-
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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