Sri Lanka - Thermoforming Machines For Working Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Sri Lanka - Thermoforming Machines For Working Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights

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Thermoforming Machine Price in Sri Lanka - 2021

Contents:

  1. Thermoforming Machine Price in Sri Lanka (CIF) - 2022
  2. Thermoforming Machine Price in Sri Lanka (FOB) - 2022
  3. Thermoforming Machine Imports in Sri Lanka
  4. Thermoforming Machine Exports in Sri Lanka

Thermoforming Machine Price in Sri Lanka (CIF) - 2022

In 2022, the average thermoforming machine import price amounted to $32,584 per unit, picking up by 20% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, thermoforming machine import price increased by +43.9% against 2019 indices. The growth pace was the most rapid in 2013 when the average import price increased by 40%. As a result, import price reached the peak level of $36,411 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($37,289 per unit), while the price for the UK ($3,314 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Thermoforming Machine Price in Sri Lanka (FOB) - 2022

The average thermoforming machine export price stood at $12,320 per unit in 2022, picking up by 199% against the previous year. In general, the export price recorded a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($25,517 per unit), while the average price for exports to India stood at $215 per unit.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Thermoforming Machine Imports in Sri Lanka

In 2022, imports of thermoforming machines for working rubber or plastics into Sri Lanka surged to 42 units, growing by 121% against 2021. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 280%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, thermoforming machine imports surged to $1.4M in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 231% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Thermoforming Machine in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.524.01221,364443.4%
United Kingdom0.20.62.819.5360.3%
Hong Kong SAR3.56.218.1N/A127.4%
Singapore34.864.8195N/A136.7%
Others44.460.31780.5-77.6%
Total91.41565161,384147.4%

Top Suppliers of Thermoforming Machine to Sri Lanka in 2022:

  1. China (37.0 units)
  2. United Kingdom (6.0 units)

Thermoforming Machine Exports in Sri Lanka

In 2022, thermoforming machine exports from Sri Lanka surged to 2 units, jumping by 100% on 2021. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, thermoforming machine exports skyrocketed to $26K in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Thermoforming Machine in Sri Lanka (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
CanadaN/A25.50%
IndiaN/A0.20%
Bangladesh0.1N/A0%
Others4.0N/A0%
Total4.125.8529.3%

Top Export Markets for Thermoforming Machine from Sri Lanka in 2022:

  1. Canada (1.0 units)
  2. India (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the thermoforming machine 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 28961050 - Vacuum-moulding machines and other thermoforming machines for working rubber or plastics or for manufacturing rubber or plastic products

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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