Report Update Apr 1, 2024

Sri Lanka - Goods Vehicles, With Spark-Ignition Internal Combustion Piston Engine - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Petroleum-Engine Cargo Trucks Market 2024

Petroleum-Engine Cargo Trucks Market Size in Sri Lanka

In 2022, the Sri Lankan petroleum-engine cargo trucks market decreased by X% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, consumption showed a dramatic shrinkage. Petroleum-engine cargo trucks consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Petroleum-Engine Cargo Trucks Exports

Exports from Sri Lanka

In 2022, the amount of goods vehicles, with spark-ignition internal combustion piston engine exported from Sri Lanka dropped sharply to X units, declining by X% against the previous year. Overall, exports showed a sharp reduction. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, petroleum-engine cargo trucks exports shrank significantly to $X in 2022. In general, exports showed a precipitous setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Maldives (X units) was the main destination for petroleum-engine cargo trucks exports from Sri Lanka, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Maldives amounted to X%.

In value terms, Maldives ($X) emerged as the key foreign market for goods vehicles, with spark-ignition internal combustion piston engine exports from Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives amounted to X%.

Export Prices by Country

The average petroleum-engine cargo trucks export price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to X% per year.

Petroleum-Engine Cargo Trucks Imports

Imports into Sri Lanka

In 2022, purchases abroad of goods vehicles, with spark-ignition internal combustion piston engine decreased by X% to X units, falling for the fourth year in a row after two years of growth. Over the period under review, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, petroleum-engine cargo trucks imports shrank remarkably to $X in 2022. In general, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest petroleum-engine cargo trucks supplier to Sri Lanka, with a X% share of total imports. Moreover, petroleum-engine cargo trucks imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Japan stood at X%.

In value terms, Japan ($X) constituted the largest supplier of goods vehicles, with spark-ignition internal combustion piston engine to Sri Lanka, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan amounted to X%.

Import Prices by Country

In 2022, the average petroleum-engine cargo trucks import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 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 Japan ($X per unit), while the price for China amounted to $X per unit.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for goods vehicles, with spark-ignition internal combustion piston engine in the world?

The countries with the highest volumes of consumption in 2023 were the United States, Canada and China, with a combined 45% share of global consumption. Spain, India, Brazil, Russia, Indonesia, Mexico, Germany, the UK and Australia lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of goods vehicles, with spark-ignition internal combustion piston engine in the world?

Mexico constituted the country with the largest volume of petroleum-engine cargo trucks production, comprising approx. 45% of total volume. Moreover, petroleum-engine cargo trucks production in Mexico exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was held by Spain, with a 7.4% share.

What are the leading suppliers of goods vehicles, with spark-ignition internal combustion piston engine to Sri Lanka?

In value terms, Japan constituted the largest supplier of goods vehicles, with spark-ignition internal combustion piston engine to Sri Lanka, comprising 100% of total imports. The second position in the ranking was held by China $549), with a 0.4% share of total imports.

What are the leading importers of goods vehicles, with spark-ignition internal combustion piston engine from Sri Lanka?

In value terms, Maldives emerged as the key foreign market for goods vehicles, with spark-ignition internal combustion piston engine exports from Sri Lanka.

What is the average export price for goods vehicles, with spark-ignition internal combustion piston engine in Sri Lanka?

The average petroleum-engine cargo trucks export price stood at $62,293 per unit in 2022, growing by 33% against the previous year.

What is the average import price for goods vehicles, with spark-ignition internal combustion piston engine in Sri Lanka?

The average petroleum-engine cargo trucks import price stood at $25,021 per unit in 2022, growing by 18% against the previous year.

This report provides an in-depth analysis of the petroleum-engine cargo trucks 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 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new

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