Sri Lanka - Safety Or Relief Valves For Pipes, Boiler Shells, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Valve Price in Sri Lanka - 2022
Contents:
- Safety Valve Price in Sri Lanka (CIF) - 2022
- Safety Valve Price in Sri Lanka (FOB) - 2022
- Safety Valve Imports in Sri Lanka
- Safety Valve Exports in Sri Lanka
Safety Valve Price in Sri Lanka (CIF) - 2022
In 2022, the average safety valve import price amounted to $15,072 per ton, with an increase of 7.5% against the previous year. Over the period under review, the import price, however, saw a slight slump. The pace of growth appeared the most rapid in 2016 an increase of 105%. Over the period under review, average import prices hit record highs at $30,555 per ton 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 Germany ($54,770 per ton), while the price for Malaysia ($3,582 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Safety Valve Price in Sri Lanka (FOB) - 2022
The average safety valve export price stood at $4,044 per ton in 2022, reducing by -85.4% against the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 188%. Over the period under review, the average export prices hit record highs at $52,430 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($27,447 per ton), while the average price for exports to the United Arab Emirates ($303 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+16.8%), while the prices for the other major destinations experienced mixed trend patterns.
Safety Valve Imports in Sri Lanka
In 2022, safety valve imports into Sri Lanka dropped notably to 181 tons, falling by -45.4% on the previous year. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 86%. As a result, imports reached the peak of 331 tons, and then reduced dramatically in the following year.
In value terms, safety valve imports declined sharply to $2.7M in 2022. Over the period under review, imports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2021 when imports increased by 13% against the previous year.
| Import of Safety Valve in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 15.5 | N/A | 16.7 | 1,038 | 306.1% |
| United States | 98.6 | 255 | 276 | 470 | 68.3% |
| Germany | 2,167 | 1,233 | 98.0 | 269 | -50.1% |
| India | 53.7 | 65.6 | 74.1 | 249 | 66.8% |
| China | 74.0 | 126 | 806 | 245 | 49.0% |
| Taiwan (Chinese) | 58.6 | 99.3 | 97.6 | 62.1 | 2.0% |
| Thailand | 14.5 | 0.1 | 3.7 | 57.5 | 58.3% |
| United Arab Emirates | 19.9 | 22.1 | 14.8 | 51.5 | 37.3% |
| United Kingdom | 154 | 37.1 | 41.2 | 26.1 | -44.7% |
| Singapore | 109 | 368 | 625 | 22.2 | -41.2% |
| Turkey | 25.3 | 13.7 | 50.8 | 22.0 | -4.6% |
| Malaysia | 159 | 54.8 | 356 | 16.2 | -53.3% |
| Hong Kong SAR | 82.6 | 289 | 459 | 7.7 | -54.7% |
| Others | 2,540 | 1,537 | 1,720 | 191 | -57.8% |
| Total | 5,572 | 4,101 | 4,639 | 2,726 | -21.2% |
Top Suppliers of Safety Valve to Sri Lanka in 2022:
- France (61.1 tons)
- India (36.8 tons)
- China (28.0 tons)
- United States (20.4 tons)
- United Arab Emirates (6.6 tons)
- Thailand (5.0 tons)
- Germany (4.9 tons)
- Malaysia (4.5 tons)
- Turkey (3.1 tons)
- Taiwan (Chinese) (2.6 tons)
- Singapore (1.4 tons)
- United Kingdom (1.2 tons)
- Hong Kong SAR (0.3 tons)
Safety Valve Exports in Sri Lanka
Safety valve exports from Sri Lanka skyrocketed to 1.3 tons in 2022, jumping by 290% compared with 2021 figures. Overall, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, safety valve exports reduced dramatically to $5.3K in 2022. Over the period under review, exports, however, continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2020 with an increase of 5.5%. As a result, the exports reached the peak of $34K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Safety Valve in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 14.9 | N/A | 3.3 | 4.2 | -34.4% |
| Singapore | 0.3 | N/A | 1.2 | 0.4 | 10.1% |
| United Arab Emirates | N/A | 1.3 | N/A | 0.3 | -52.0% |
| South Korea | N/A | 18.1 | N/A | N/A | 0% |
| Switzerland | N/A | N/A | 2.0 | N/A | 0% |
| Ethiopia | 1.0 | 0.2 | 1.4 | N/A | 18.3% |
| Saudi Arabia | 14.4 | N/A | 0.1 | N/A | -91.7% |
| Others | 1.4 | 14.1 | 1.3 | 0.4 | -34.1% |
| Total | 31.9 | 33.6 | 9.3 | 5.3 | -45.0% |
Top Export Markets for Safety Valve from Sri Lanka in 2022:
- United Arab Emirates (1132.0 kg)
- Maldives (152.0 kg)
- Singapore (20.0 kg)
This report provides an in-depth analysis of the safety valve 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 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats 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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