Sri Lanka: Breathing Appliances Market 2024

Breathing Appliances Market Size in Sri Lanka

In 2022, the Sri Lankan breathing appliances market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate a abrupt slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Breathing Appliances Exports

Exports from Sri Lanka

In 2022, approx. X units of breathing appliances and gas masks were exported from Sri Lanka; falling by X% compared with the year before. In general, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, breathing appliances exports dropped to $X in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Seychelles (X units), Maldives (X units) and Malaysia (X units) were the main destinations of breathing appliances exports from Sri Lanka, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Seychelles (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) remains the key foreign market for breathing appliances and gas masks exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports. It was followed by Seychelles, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Malaysia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Seychelles (X% per year).

Export Prices by Country

The average breathing appliances export price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the export price saw prominent growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Central African Republic ($X 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 Kuwait (X%), while the prices for the other major destinations experienced more modest paces of growth.

Breathing Appliances Imports

Imports into Sri Lanka

In 2022, after two years of growth, there was significant decline in overseas purchases of breathing appliances and gas masks, when their volume decreased by X% to X units. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, breathing appliances imports dropped significantly to $X in 2022. Over the period under review, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of breathing appliances to Sri Lanka, accounting for a X% share of total imports. Moreover, breathing appliances imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), fourfold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Germany (X% per year).

In value terms, Germany ($X), China ($X) and the United States ($X) constituted the largest breathing appliances suppliers to Sri Lanka, with a combined X% share of total imports.

China, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average breathing appliances import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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