Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Sri Lanka - 2022
Contents:
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Sri Lanka (CIF) - 2022
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Sri Lanka (FOB) - 2022
- Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Sri Lanka
- Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Sri Lanka
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Sri Lanka (CIF) - 2022
In 2022, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $7.9 per unit, with a decrease of -27.3% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for drawing, marking-out or mathematical calculating instrumentses increased by +3.2% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 45% against the previous year. The import price peaked at $11 per unit in 2021, and then fell notably in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($8.4 per unit), while the price for China ($7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Sri Lanka (FOB) - 2022
The average export price for drawing, marking-out or mathematical calculating instrumentses stood at $16 per unit in 2022, declining by -12.5% against the previous year. Overall, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 72% against the previous year. The export price peaked at $19 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($132 per unit), while the average price for exports to Bangladesh ($11 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 Saudi Arabia (+89.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Sri Lanka
Imports of drawing, marking-out or mathematical calculating instrumentses into Sri Lanka contracted rapidly to 106K units in 2022, waning by -19.4% on 2021 figures. Overall, imports showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 3%. Imports peaked at 155K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of drawing, marking-out or mathematical calculating instrumentses shrank remarkably to $840K in 2022. In general, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of $1.4M, and then dropped rapidly in the following year.
| Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 762 | 730 | 1,230 | 597 | -7.8% |
| India | 398 | 194 | 149 | 164 | -25.6% |
| Others | 108 | 56.6 | 54.4 | 79.0 | -9.9% |
| Total | 1,268 | 981 | 1,433 | 840 | -12.8% |
Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Sri Lanka in 2022:
- China (84.9K units)
- India (19.6K units)
Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Sri Lanka
In 2022, shipments abroad of drawing, marking-out or mathematical calculating instrumentses was finally on the rise to reach 3.4K units after two years of decline. Over the period under review, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of drawing, marking-out or mathematical calculating instrumentses soared to $55K in 2022. Overall, exports showed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 11.4 | 19.7 | 10.5 | 39.1 | 50.8% |
| United States | 14.3 | 4.0 | 2.3 | 9.6 | -12.4% |
| Philippines | 3.5 | 1.0 | 0.6 | 2.4 | -11.8% |
| Bangladesh | 1.4 | 0.4 | 0.3 | 1.6 | 4.6% |
| Others | 6.3 | 0.5 | 0.8 | 2.3 | -28.5% |
| Total | 36.8 | 25.6 | 14.4 | 55.0 | 14.3% |
Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Sri Lanka in 2022:
- India (2974.0 units)
- Bangladesh (145.0 units)
- Philippines (105.0 units)
- United States (73.0 units)
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