Sri Lanka - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Bakery Machinery Price in Sri Lanka - 2021
Contents:
- Industrial Bakery Machinery Price in Sri Lanka (CIF) - 2022
- Industrial Bakery Machinery Price in Sri Lanka (FOB) - 2022
- Industrial Bakery Machinery Imports in Sri Lanka
- Industrial Bakery Machinery Exports in Sri Lanka
Industrial Bakery Machinery Price in Sri Lanka (CIF) - 2022
The average industrial bakery machinery import price stood at $2,623 per unit in 2022, with a decrease of -10.9% against the previous year. In general, the import price saw a slight decrease. The growth pace was the most rapid in 2018 an increase of 24% against the previous year. The import price peaked at $3,057 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($2,760 per unit) and Malaysia ($2,760 per unit), while the price for China ($2,084 per unit) and the UK ($2,760 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+0.5%), while the prices for the other major suppliers experienced a decline.
Industrial Bakery Machinery Price in Sri Lanka (FOB) - 2022
The average industrial bakery machinery export price stood at $2,955 per unit in 2022, declining by -1.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 670%. As a result, the export price reached the peak level of $15,245 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,955 per unit), while the average price for exports to Seychelles ($2,955 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 (+2.6%), while the prices for the other major destinations experienced a decline.
Industrial Bakery Machinery Imports in Sri Lanka
In 2022, approx. 1.4K units of industrial bakery machinery were imported into Sri Lanka; with a decrease of -9.9% compared with the previous year. Over the period under review, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 102% against the previous year. Imports peaked at 1.9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, industrial bakery machinery imports fell dramatically to $3.7M in 2022. In general, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 95%. Imports peaked at $5.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Industrial Bakery Machinery in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,206 | 536 | 638 | 1,390 | -14.3% |
| France | 68.8 | 19.7 | 23.8 | 763 | 123.0% |
| China | 721 | 364 | 1,072 | 590 | -6.5% |
| Taiwan (Chinese) | 379 | 584 | 1,083 | 290 | -8.5% |
| Malaysia | 13.1 | 1.6 | 53.8 | 275 | 175.9% |
| Germany | 1.6 | 5.2 | 11.0 | 156 | 360.3% |
| India | 31.0 | 15.7 | 102 | 117 | 55.7% |
| Japan | 687 | 296 | 962 | 0.7 | -89.9% |
| Austria | 244 | 116 | 45.7 | N/A | -56.7% |
| Australia | 437 | 6.2 | 9.1 | N/A | -85.6% |
| Others | 472 | 396 | 555 | 75.9 | -45.6% |
| Total | 5,261 | 2,340 | 4,555 | 3,658 | -11.4% |
Top Suppliers of Industrial Bakery Machinery to Sri Lanka in 2022:
- Italy (504.0 units)
- China (283.0 units)
- France (277.0 units)
- Taiwan (Chinese) (105.0 units)
- Malaysia (100.0 units)
- Germany (57.0 units)
- India (43.0 units)
Industrial Bakery Machinery Exports in Sri Lanka
Industrial bakery machinery exports from Sri Lanka shrank sharply to 4 units in 2022, waning by -20% on the year before. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 400% against the previous year. As a result, the exports attained the peak of 5 units, and then fell rapidly in the following year.
In value terms, industrial bakery machinery exports fell dramatically to $11K in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 180% against the previous year. Over the period under review, the exports attained the maximum at $15K in 2021, and then fell sharply in the following year.
| Export of Industrial Bakery Machinery in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.5 | 0.8 | 13.5 | 4.6 | 45.3% |
| Maldives | 1.7 | 0.4 | 1.3 | 4.5 | 38.3% |
| Seychelles | N/A | N/A | N/A | 1.7 | 0% |
| Others | 0.1 | 8.0 | 0.2 | 0.3 | 44.2% |
| Total | 3.3 | 9.1 | 15.0 | 11.1 | 49.8% |
Top Export Markets for Industrial Bakery Machinery from Sri Lanka in 2022:
- Maldives (2.0 units)
- India (2.0 units)
- Seychelles (1.0 units)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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