Sri Lanka: Typewriter Market 2024

Typewriter Market Size in Sri Lanka

After two years of growth, the Sri Lankan typewriter market decreased by X% to $X in 2022. In general, the total consumption indicated prominent growth 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 2018 indices. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Typewriter Exports

Exports from Sri Lanka

In 2022, overseas shipments of typewriter or similar ribbons, inked were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, typewriter exports skyrocketed to $X in 2022. In general, exports posted a remarkable increase. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Haiti (X units) was the main destination for typewriter exports from Sri Lanka, accounting for a X% share of total exports. Moreover, typewriter exports to Haiti exceeded the volume sent to the second major destination, Cambodia (X units), more than tenfold. Maldives (X units) ranked third in terms of total exports with a X% share.

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

In value terms, the largest markets for typewriter exported from Sri Lanka were Kenya ($X), Ethiopia ($X) and Cambodia ($X), together accounting for X% of total exports.

Among the main countries of destination, Kenya, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average typewriter export price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($X per unit), while the average price for exports to Haiti (less than $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 Bangladesh (X%), while the prices for the other major destinations experienced mixed trend patterns.

Typewriter Imports

Imports into Sri Lanka

Typewriter imports into Sri Lanka totaled X units in 2022, with an increase of X% on the year before. Overall, imports saw a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, typewriter imports fell to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of typewriter to Sri Lanka, accounting for a X% share of total imports. Moreover, typewriter imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), sixfold. The third position in this ranking was taken by Singapore (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Singapore (X% per year).

In value terms, Singapore ($X), China ($X) and the UK ($X) were the largest typewriter suppliers to Sri Lanka, together comprising X% of total imports. Hong Kong SAR, Malaysia, the United States, Indonesia, India and Italy lagged somewhat behind, together comprising a further X%.

Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average typewriter import price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the import price saw a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform