Report Sri Lanka - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 12, 2022

Sri Lanka - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Industrial Bakery Machinery Market 2022

Industrial Bakery Machinery Market Size in Sri Lanka

In 2021, the Sri Lankan industrial bakery machinery market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption showed a modest increase. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Industrial Bakery Machinery Exports

Exports from Sri Lanka

After three years of decline, shipments abroad of industrial bakery machinery increased by X% to X units in 2021. In general, exports recorded a strong expansion. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, industrial bakery machinery exports soared to $X in 2021. Over the period under review, exports showed a modest increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

India (X units) and Maldives (X units) were the main destinations of industrial bakery machinery exports from Sri Lanka.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +X value terms, India ($X) remains the key foreign market for industrial bakery machinery exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was taken by Maldives ($X), with an X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to India stood at +X%.

Export Prices by Country

In 2021, the average industrial bakery machinery export price amounted to $X per unit, shrinking by -X% against the previous year. In general, the export price saw a perceptible shrinkage. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then declined dramatically in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was India ($X per unit), while the average price for exports to Maldives stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (-X%).

Industrial Bakery Machinery Imports

Imports into Sri Lanka

In 2021, purchases abroad of industrial bakery machinery was finally on the rise to reach X units after two years of decline. In general, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, industrial bakery machinery imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Japan (X units) constituted the largest supplier of industrial bakery machinery to Sri Lanka, accounting for a X% share of total imports. Moreover, industrial bakery machinery imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Japan amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Taiwan (Chinese) (-X% per year).

In value terms, Taiwan (Chinese) ($X), China ($X) and Japan ($X) appeared to be the largest industrial bakery machinery suppliers to Sri Lanka, with a combined X% share of total imports.

Japan, with a CAGR of +X%, recorded the highest rates of growth with regard to 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 2021, the average industrial bakery machinery import price amounted to $X per unit, with a decrease of -X% against the previous year. Overall, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial bakery machinery in the world?
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The countries with the highest volumes of industrial bakery machinery consumption in 2021 were China, the United States and India, with a combined 34% share of global consumption. These countries were followed by Japan, Russia, Indonesia, Brazil, Germany, Guatemala, Bolivia, the UK, Canada and South Korea, which together accounted for a further 28%.
What are the largest producers of industrial bakery machinery in the world?
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The countries with the highest volumes of industrial bakery machinery production in 2021 were China, Italy and India, with a combined 51% share of global production. The United States, Japan, Germany, Turkey, Russia, Brazil, France, the Netherlands, the UK and South Korea lagged somewhat behind, together accounting for a further 35%.
What are the leading suppliers of industrial bakery machinery to Sri Lanka?
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In value terms, the largest industrial bakery machinery suppliers to Sri Lanka were Taiwan Chinese), China and Japan, together accounting for 69% of total imports.
What are the leading importers of industrial bakery machinery from Sri Lanka?
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In value terms, India remains the key foreign market for industrial bakery machinery exports from Sri Lanka, comprising 91% of total exports. The second position in the ranking was taken by Maldives, with an 8.6% share of total exports.
What is the average export price for industrial bakery machinery in Sri Lanka?
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The average industrial bakery machinery export price stood at $681 per unit in 2021, dropping by -67% against the previous year.
What is the average import price for industrial bakery machinery in Sri Lanka?
+
The average industrial bakery machinery import price stood at $261 per unit in 2021, dropping by -18.3% against the previous year.

This report provides an in-depth analysis of the industrial bakery machinery 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 28931713 - Industrial bakery machinery (excluding non-electric ovens)
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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