Sri Lanka: Photo-Copying Apparatus Market 2024

Photo-Copying Apparatus Market Size in Sri Lanka

In 2022, after two years of growth, there was significant decline in the Sri Lankan photo-copying apparatus market, when its value decreased by X% to $X. Over the period under review, consumption continues to indicate a abrupt downturn. Photo-copying apparatus consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Photo-Copying Apparatus Exports

Exports from Sri Lanka

In 2022, exports of photo-copying apparatus from Sri Lanka reduced notably to X units, waning by X% against the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, photo-copying apparatus exports fell significantly to $X in 2022. Overall, exports, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Maldives (X units) was the main destination for photo-copying apparatus exports from Sri Lanka, accounting for a X% share of total exports. Moreover, photo-copying apparatus exports to Maldives exceeded the volume sent to the second major destination, Bangladesh (X units), fourfold. The third position in this ranking was taken by Japan (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Maldives totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (X% per year) and Japan (X% per year).

In value terms, Japan ($X), Maldives ($X) and the United Arab Emirates ($X) constituted the largest markets for photo-copying apparatus exported from Sri Lanka worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Japan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average photo-copying apparatus export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price, however, enjoyed moderate growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

Photo-Copying Apparatus Imports

Imports into Sri Lanka

In 2022, the amount of photo-copying apparatus imported into Sri Lanka contracted notably to X units, which is down by X% on 2021 figures. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, photo-copying apparatus imports contracted rapidly to $X in 2022. Overall, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Italy (X units) and Portugal (X units) were the main suppliers of photo-copying apparatus imports to Sri Lanka, together comprising X% of total imports.

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

In value terms, the largest photo-copying apparatus suppliers to Sri Lanka were Portugal ($X), China ($X) and Italy ($X), together accounting for X% of total imports.

In terms of the main suppliers, Portugal, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 photo-copying apparatus import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, import price indicated a modest 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. Based on 2022 figures, photo-copying apparatus import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform