Sri Lanka - Self-Propelled Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSelf-Propelled Boring Machinery Price in Sri Lanka - 2021
Contents:
- Self-Propelled Boring Machinery Price in Sri Lanka (CIF) - 2022
- Self-Propelled Boring Machinery Price in Sri Lanka (FOB) - 2022
- Self-Propelled Boring Machinery Imports in Sri Lanka
- Self-Propelled Boring Machinery Exports in Sri Lanka
Self-Propelled Boring Machinery Price in Sri Lanka (CIF) - 2022
The average self-propelled boring machinery import price stood at $32,415 per unit in 2022, growing by 6.1% against the previous year. Overall, the import price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 158%. Over the period under review, average import prices reached the maximum at $164,020 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +4.8% per year.
Self-Propelled Boring Machinery Price in Sri Lanka (FOB) - 2022
In 2022, the average self-propelled boring machinery export price amounted to $28,342 per unit, with an increase of 1,164% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The export price peaked at $168,414 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($77,343 per unit), while the average price for exports to Maldives ($36 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 Singapore (-8.4%), while the prices for the other major destinations experienced a decline.
Self-Propelled Boring Machinery Imports in Sri Lanka
In 2022, approx. 1 units of self-propelled boring or sinking machinery were imported into Sri Lanka; dropping by -92.9% compared with 2021 figures. In general, imports recorded a sharp downturn. The pace of growth was the most pronounced in 2021 when imports increased by 7.7%. Over the period under review, imports hit record highs at 17 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, self-propelled boring machinery imports reduced rapidly to $32K in 2022. Over the period under review, imports faced a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 178%. Over the period under review, imports attained the peak figure at $727K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Self-Propelled Boring Machinery in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.6 | 1.6 | 3.5 | 32.4 | 79.5% |
| Hong Kong SAR | N/A | N/A | N/A | N/A | 0% |
| South Korea | 1.2 | 0.3 | 0.6 | N/A | -29.3% |
| China | 40.5 | 11.3 | 24.8 | N/A | -21.7% |
| Malaysia | 205 | 45.3 | 106 | N/A | -28.1% |
| United Kingdom | 8.9 | 2.7 | 6.6 | N/A | -13.9% |
| India | 0.4 | N/A | N/A | N/A | 0% |
| Japan | 135 | 1.0 | 25.7 | N/A | -56.4% |
| United Arab Emirates | N/A | N/A | N/A | N/A | 0% |
| Singapore | 75.8 | 21.2 | 51.1 | N/A | -17.9% |
| Italy | 169 | 47.0 | 102 | N/A | -22.3% |
| Netherlands | 0.2 | N/A | 0.1 | N/A | -29.3% |
| United States | 84.9 | 23.4 | 54.8 | N/A | -19.7% |
| Others | 0.2 | N/A | 51.8 | N/A | 1509.3% |
| Total | 727 | 154 | 428 | 32.4 | -64.5% |
Top Suppliers of Self-Propelled Boring Machinery to Sri Lanka in 2022:
- Germany (1.0 units)
Self-Propelled Boring Machinery Exports in Sri Lanka
In 2022, shipments abroad of self-propelled boring or sinking machinery decreased by -25% to 3 units, falling for the second consecutive year after two years of growth. Overall, exports showed a deep contraction. The growth pace was the most rapid in 2020 with an increase of 25%. As a result, the exports attained the peak of 5 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, self-propelled boring machinery exports soared to $85K in 2022. Over the period under review, exports, however, saw significant growth. Over the period under review, the exports attained the peak figure at $161K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Self-Propelled Boring Machinery in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 15.6 | 149 | 8.3 | 77.3 | 70.5% |
| India | 5.4 | 9.4 | 0.5 | 7.6 | 12.1% |
| Australia | N/A | 1.6 | N/A | N/A | 0% |
| Malaysia | 0.2 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | 1.0 | N/A | N/A | 0% |
| Indonesia | N/A | N/A | N/A | N/A | 0% |
| Maldives | N/A | 0.1 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 21.2 | 161 | 9.0 | 85.0 | 58.9% |
Top Export Markets for Self-Propelled Boring Machinery from Sri Lanka in 2022:
- Maldives (1.0 units)
- India (1.0 units)
- Singapore (1.0 units)
This report provides an in-depth analysis of the self-propelled boring 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 28921253 - Self-propelled boring or sinking machinery
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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