Sri Lanka - Test Benches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTest Bench Price in Sri Lanka - 2021
Contents:
- Test Bench Price in Sri Lanka (CIF) - 2022
- Test Bench Price in Sri Lanka (FOB) - 2022
- Test Bench Imports in Sri Lanka
- Test Bench Exports in Sri Lanka
Test Bench Price in Sri Lanka (CIF) - 2022
In 2022, the average test bench import price amounted to $9,283 per unit, rising by 13% against the previous year. In general, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 43% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($51,126 per unit), while the price for Taiwan (Chinese) ($516 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+44.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Test Bench Price in Sri Lanka (FOB) - 2022
In 2022, the average test bench export price amounted to $5,510 per unit, with an increase of 14% against the previous year. In general, the export price showed a mild increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 142% against the previous year. As a result, the export price attained the peak level of $6,104 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,272 per unit), while the average price for exports to India ($975 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 (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Test Bench Imports in Sri Lanka
In 2022, imports of test benches into Sri Lanka plummeted to 52 units, reducing by -62.3% on the year before. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 667%. As a result, imports attained the peak of 138 units, and then contracted sharply in the following year.
In value terms, test bench imports declined remarkably to $485K in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 975% against the previous year. As a result, imports reached the peak of $1.1M, and then declined markedly in the following year.
| Import of Test Bench in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 20.6 | 14.2 | 559 | 209 | 116.5% |
| Malaysia | 8.9 | 18.6 | 46.8 | 128 | 143.2% |
| Japan | 0.2 | 0.2 | 0.1 | 46.6 | 515.3% |
| Poland | 1.4 | 1.2 | 2.9 | 35.2 | 193.0% |
| Switzerland | 0.9 | 0.1 | 3.0 | 18.0 | 171.4% |
| China | 39.9 | 10.1 | 23.5 | 12.7 | -31.7% |
| Hong Kong SAR | N/A | N/A | 3.3 | 7.0 | 112.1% |
| Hungary | 1.0 | 1.1 | 1.9 | 6.3 | 84.7% |
| India | 15.6 | 9.5 | 45.9 | 2.4 | -46.4% |
| Taiwan (Chinese) | 0.6 | 0.8 | 1.3 | 1.4 | 32.6% |
| Belgium | 1.6 | 6.3 | 386 | N/A | 1453.2% |
| Others | 35.9 | 42.8 | 56.0 | 17.8 | -20.9% |
| Total | 127 | 105 | 1,129 | 485 | 56.3% |
Top Suppliers of Test Bench to Sri Lanka in 2022:
- Germany (13.0 units)
- Switzerland (9.0 units)
- Japan (7.0 units)
- Hungary (4.0 units)
- Hong Kong SAR (4.0 units)
- Taiwan (Chinese) (3.0 units)
- Poland (3.0 units)
- Malaysia (3.0 units)
- India (2.0 units)
- China (2.0 units)
Test Bench Exports in Sri Lanka
In 2022, shipments abroad of test benches decreased by -29% to 22 units, falling for the second consecutive year after two years of growth. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 371%. As a result, the exports attained the peak of 33 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, test bench exports dropped significantly to $123K in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 391%. As a result, the exports attained the peak of $195K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Test Bench in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.5 | 53.7 | 48.9 | 49.7 | 58.4% |
| Switzerland | 15.9 | 55.1 | 36.9 | 45.0 | 41.5% |
| United States | 1.4 | 13.3 | 15.0 | 22.2 | 151.2% |
| India | 0.1 | 1.0 | 1.2 | 6.1 | 293.6% |
| Singapore | 9.6 | 71.6 | 44.9 | N/A | 116.3% |
| Others | 0.3 | 0.5 | 0.5 | N/A | 29.1% |
| Total | 39.8 | 195 | 147 | 123 | 45.7% |
Top Export Markets for Test Bench from Sri Lanka in 2022:
- China (7.0 units)
- Switzerland (6.0 units)
- India (6.0 units)
- United States (3.0 units)
This report provides an in-depth analysis of the test bench 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 26516620 - Test benches
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
- 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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