Sri Lanka - Cargo Trailers and Semi-Trailers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTrailer and Semi-Trailer Price in Sri Lanka - 2021
Contents:
- Trailer and Semi-Trailer Price in Sri Lanka (FOB) - 2022
- Trailer and Semi-Trailer Price in Sri Lanka (CIF) - 2022
- Trailer and Semi-Trailer Exports in Sri Lanka
- Trailer and Semi-Trailer Imports in Sri Lanka
Trailer and Semi-Trailer Price in Sri Lanka (FOB) - 2022
In 2022, the average trailer and semi-trailer export price amounted to $9,229 per unit, surging by 41% against the previous year. In general, the export price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2016 an increase of 48%. The export price peaked at $15,193 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($38,879 per unit), while the average price for exports to Italy ($3,006 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 the United States (+52.6%), while the prices for the other major destinations experienced more modest paces of growth.
Trailer and Semi-Trailer Price in Sri Lanka (CIF) - 2022
In 2022, the average trailer and semi-trailer import price amounted to $8,686 per unit, increasing by 129% against the previous year. In general, the import price, however, continues to indicate a deep setback. The import price peaked at $18,037 per unit in 2012; however, from 2013 to 2022, import prices stood 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 Germany ($43,883 per unit), while the price for the United States ($244 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Trailer and Semi-Trailer Exports in Sri Lanka
In 2022, the amount of cargo trailers and semi-trailers exported from Sri Lanka shrank modestly to 1.2K units, waning by -3% against 2021 figures. Overall, exports, however, recorded slight growth. The most prominent rate of growth was recorded in 2021 when exports increased by 128%. As a result, the exports attained the peak of 1.2K units, and then fell slightly in the following year.
In value terms, trailer and semi-trailer exports skyrocketed to $11M in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 149% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Trailer and Semi-Trailer in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 477 | 165 | 55.7 | 3,382 | 92.1% |
Oman | 235 | 60.7 | 144 | 2,156 | 109.3% |
United States | 557 | 87.3 | 784 | 1,502 | 39.2% |
Papua New Guinea | N/A | N/A | N/A | 735 | 0% |
United Arab Emirates | 326 | 275 | 424 | 680 | 27.8% |
Seychelles | 43.8 | 29.5 | 57.9 | 335 | 97.0% |
Philippines | 210 | 153 | 205 | 173 | -6.3% |
Italy | N/A | N/A | N/A | 111 | 0% |
Norway | 308 | 111 | 263 | N/A | -7.6% |
Nigeria | 277 | 218 | 514 | N/A | 36.2% |
Lebanon | 124 | 52.7 | 146 | N/A | 8.5% |
India | 286 | 124 | 362 | N/A | 12.5% |
Myanmar | 293 | 54.0 | 166 | N/A | -24.7% |
Others | 2,568 | 1,887 | 4,893 | 1,900 | -9.6% |
Total | 5,706 | 3,218 | 8,015 | 10,973 | 24.4% |
Top Export Markets for Trailer and Semi-Trailer from Sri Lanka in 2022:
- United States (499.0 units)
- Papua New Guinea (244.0 units)
- Saudi Arabia (87.0 units)
- Seychelles (76.0 units)
- Oman (62.0 units)
- Philippines (49.0 units)
- Italy (37.0 units)
- United Arab Emirates (37.0 units)
Trailer and Semi-Trailer Imports in Sri Lanka
In 2022, the amount of cargo trailers and semi-trailers imported into Sri Lanka declined markedly to 74 units, waning by -70.4% against 2021. Overall, imports recorded a precipitous slump. The smallest decline of -22.7% was in 2020. Imports peaked at 524 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, trailer and semi-trailer imports dropped markedly to $643K in 2022. Over the period under review, imports recorded a sharp decrease. The smallest decline of -20.8% was in 2020. Over the period under review, imports attained the peak figure at $1.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Trailer and Semi-Trailer in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 78.2 | 120 | 63.5 | 351 | 65.0% |
China | 452 | 494 | 191 | 140 | -32.3% |
India | 201 | 86.2 | 113 | 129 | -13.7% |
Netherlands | 152 | 112 | 78.9 | 17.4 | -51.4% |
United Kingdom | 24.9 | 18.4 | 12.1 | 3.2 | -49.5% |
Italy | 15.0 | 12.2 | 6.3 | 1.6 | -52.6% |
United States | 102 | 156 | 232 | 0.2 | -87.5% |
Australia | 23.3 | 1.0 | 9.5 | N/A | -36.1% |
Turkey | 116 | 140 | 114 | N/A | -0.9% |
Others | 511 | 187 | 129 | 0.2 | -92.7% |
Total | 1,676 | 1,327 | 950 | 643 | -27.3% |
Top Suppliers of Trailer and Semi-Trailer to Sri Lanka in 2022:
- India (42.0 units)
- China (17.0 units)
- Germany (8.0 units)
- Netherlands (2.0 units)
- United Kingdom (2.0 units)
- United States (1.0 units)
- Italy (1.0 units)
This report provides an in-depth analysis of the trailer and semi-trailer 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 29202300 - Other trailers and semi-trailers for the transport of goods
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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Discover the leading countries importing trailers and semi-trailers with high import values. Analyze the key statistics and market insights.
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In 2016, the amount of trailer imported worldwide totaled X tons, ascending by X% against the previous year level. In general, trailer imports continue to indicate a relatively flat trend pattern. ...
In 2016, the amount of trailer imported worldwide totaled X tons, ascending by X% against the previous year level. In general, trailer imports continue to indicate a relatively flat trend pattern. ...
The U.S. seized control of the trailer and semi-trailer trade. In 2014, the U.S. exported X thousand units of trailers and semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was Canada, where it supplied X% o
Discover the leading countries importing trailers and semi-trailers with high import values. Analyze the key statistics and market insights.
Learn about the top import markets for camping trailers, including Canada, Australia, and the Netherlands. Discover key statistics and market insights.
In 2016, the amount of trailer imported worldwide totaled X tons, ascending by X% against the previous year level. In general, trailer imports continue to indicate a relatively flat trend pattern. ...
In 2016, the amount of trailer imported worldwide totaled X tons, ascending by X% against the previous year level. In general, trailer imports continue to indicate a relatively flat trend pattern. ...
The U.S. seized control of the trailer and semi-trailer trade. In 2014, the U.S. exported X thousand units of trailers and semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was Canada, where it supplied X% o