Sri Lanka: Paper Moulding Machine Market 2024

Paper Moulding Machine Market Size in Sri Lanka

The Sri Lankan paper moulding machine market contracted modestly to $X in 2022, flattening at the previous year. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2022: its value 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. Based on 2022 figures, consumption increased by X% against 2020 indices. Paper moulding machine consumption peaked at $X.1B in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Paper Moulding Machine Production in Sri Lanka

In value terms, paper moulding machine production shrank modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a measured expansion from 2012 to 2022: its value 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. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X.2B in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Paper Moulding Machine Exports

Exports from Sri Lanka

In 2022, after three years of growth, there was significant decline in shipments abroad of machines for moulding articles in paper pulp, paper or paperboard, when their volume decreased by X% to X units. In general, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021, and then contracted notably in the following year.

In value terms, paper moulding machine exports declined to $X in 2022. Overall, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

India (X units) was the main destination for paper moulding machine 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 India totaled X%.

In value terms, India ($X) emerged as the key foreign market for machines for moulding articles in paper pulp, paper or paperboard exports from Sri Lanka.

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

Export Prices by Country

The average paper moulding machine export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price posted strong growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

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

Paper Moulding Machine Imports

Imports into Sri Lanka

In 2022, approx. X units of machines for moulding articles in paper pulp, paper or paperboard were imported into Sri Lanka; dropping by X% against 2021 figures. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, paper moulding machine imports surged to $X in 2022. Over the period under review, imports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of paper moulding machine to Sri Lanka, accounting for a X% share of total imports. Moreover, paper moulding machine imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fourfold. The United States (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: India (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of machines for moulding articles in paper pulp, paper or paperboard to Sri Lanka, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average paper moulding machine import price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 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 China ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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