Sri Lanka - Handtools, Hydraulic or With A Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSri Lanka: Non-Electric Motor Handtools Market 2024
Non-Electric Motor Handtools Market Size in Sri Lanka
The Sri Lankan non-electric motor handtools market surged to $X in 2023, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a noticeable reduction. Non-electric motor handtools consumption peaked at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.
Non-Electric Motor Handtools Exports
Exports from Sri Lanka
In 2023, approx. X units of handtools, hydraulic or with a self-contained non-electric motor were exported from Sri Lanka; declining by X% compared with 2022. In general, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
In value terms, non-electric motor handtools exports dropped rapidly to $X in 2023. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2023, the exports remained at a lower figure.
Exports by Country
Malaysia (X units) was the main destination for non-electric motor handtools exports from Sri Lanka, accounting for a X% share of total exports. Moreover, non-electric motor handtools exports to Malaysia exceeded the volume sent to the second major destination, Sweden (X units), fivefold.
From 2012 to 2023, the average annual rate of growth in terms of volume to Malaysia was relatively modest.
In value terms, Malaysia ($X) emerged as the key foreign market for handtools, hydraulic or with a self-contained non-electric motor exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value to Malaysia was relatively modest.
Export Prices by Country
In 2023, the average non-electric motor handtools export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to Sweden totaled $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (X%), while the prices for the other major destinations experienced mixed trend patterns.
Non-Electric Motor Handtools Imports
Imports into Sri Lanka
In 2023, the amount of handtools, hydraulic or with a self-contained non-electric motor imported into Sri Lanka surged to X units, jumping by X% against the year before. In general, imports, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2023, imports remained at a lower figure.
In value terms, non-electric motor handtools imports soared to $X in 2023. Overall, imports, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.
Imports by Country
In 2023, China (X units) was the main supplier of non-electric motor handtools to Sri Lanka, with a approx. X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of volume from China stood at X%.
In value terms, China ($X) constituted the largest supplier of handtools, hydraulic or with a self-contained non-electric motor to Sri Lanka.
From 2012 to 2023, the average annual rate of growth in terms of value from China amounted to X%.
Import Prices by Country
In 2023, the average non-electric motor handtools import price amounted to $X per unit, with an increase of X% against the previous year. In general, import price indicated a modest increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, non-electric motor handtools import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2023, the rate of growth in terms of prices for Japan amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the non-electric motor handtools 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 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)
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
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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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