Report Update: Apr 1, 2024

Sri Lanka - Telephones And Videophones - Market Analysis, Forecast, Size, Trends and Insights

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Telephone Price in Sri Lanka - 2021

Telephone Price in Sri Lanka (CIF) - 2022

In 2022, the average telephone import price amounted to $14 per unit, with a decrease of -13.6% against the previous year. Overall, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 64%. Over the period under review, average import prices hit record highs at $39 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($73 per unit), while the price for Hong Kong SAR ($6.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Telephone Price in Sri Lanka (FOB) - 2022

The average telephone export price stood at $91 per unit in 2022, with an increase of 3.2% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, telephone export price increased by +57.8% against 2019 indices. The growth pace was the most rapid in 2017 an increase of 50%. As a result, the export price reached the peak level of $104 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($93 per unit), while the average price for exports to Singapore ($89 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 (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Imports in Sri Lanka

Telephone imports into Sri Lanka reduced sharply to 60K units in 2022, which is down by -81.4% compared with 2021 figures. Overall, imports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 189% against the previous year. As a result, imports attained the peak of 321K units, and then fell sharply in the following year.

In value terms, telephone imports reduced dramatically to $856K in 2022. In general, imports saw a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by 115%. As a result, imports reached the peak of $5.3M, and then fell sharply in the following year.

Import of Telephone in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,136	745	1,139	463	-25.9%
Malaysia	508	26.4	78.3	206	-26.0%
Switzerland	8.4	233	339	73.2	105.8%
Hong Kong SAR	100	80.7	169	32.3	-31.4%
India	128	329	1,469	19.1	-47.0%
Singapore	1,612	119	608	11.3	-80.9%
Others	556	951	1,533	51.2	-54.8%
Total	4,049	2,484	5,335	856	-40.4%

Top Suppliers of Telephone to Sri Lanka in 2022:

China (35.2K units)
Malaysia (16.1K units)
Hong Kong SAR (4.8K units)
India (1.5K units)
Switzerland (1.0K units)
Singapore (0.2K units)

Telephone Exports in Sri Lanka

In 2022, overseas shipments of telephones and videophones decreased by -88.1% to 90 units, falling for the second consecutive year after two years of growth. In general, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 720%. As a result, the exports attained the peak of 1.6K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, telephone exports fell sharply to $8.2K in 2022. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 1,065% against the previous year. As a result, the exports reached the peak of $130K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Telephone in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	N/A	N/A	N/A	4.8	0%
Singapore	0.1	N/A	N/A	2.3	184.4%
Hungary	0.2	N/A	N/A	1.0	71.0%
Spain	N/A	45.9	N/A	N/A	0%
Thailand	1.2	0.8	0.2	N/A	-59.2%
Oman	N/A	37.3	64.0	N/A	71.6%
Maldives	5.7	N/A	1.6	N/A	-47.0%
Others	3.9	45.9	0.6	N/A	-60.8%
Total	11.2	130	66.4	8.2	-9.9%

Top Export Markets for Telephone from Sri Lanka in 2022:

United States (52.0 units)
Singapore (26.0 units)
Hungary (11.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the telephone 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 26302100 - Line telephone sets with cordless handsets
Prodcom 26302330 - Telephone sets (excluding line telephone sets with cordless handsets and telephones for cellular networks or for other wireless networks), videophones

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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