Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sri Lanka - 2022

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sri Lanka (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sri Lanka (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sri Lanka
  4. Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sri Lanka

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sri Lanka (CIF) - 2022

The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $32 per unit in 2022, rising by 69% against the previous year. In general, the import price posted a slight expansion. Over the period under review, average import prices attained the maximum at $42 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($140 per unit), while the price for China ($9.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sri Lanka (FOB) - 2022

In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $64 per unit, declining by -43.9% against the previous year. In general, the export price, however, continues to indicate a modest increase. The most prominent rate of growth was recorded in 2013 an increase of 676%. The export price peaked at $496 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Seychelles ($206 per unit), while the average price for exports to Bangladesh ($1.9 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 Maldives (+43.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sri Lanka

In 2022, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) into Sri Lanka dropped markedly to 3.5K units, shrinking by -81.8% compared with 2021. Over the period under review, imports recorded a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 74%. As a result, imports reached the peak of 19K units, and then dropped dramatically in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) dropped remarkably to $111K in 2022. In general, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 114%. As a result, imports attained the peak of $361K, and then dropped notably in the following year.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada22.823.035.523.71.3%
China12479.620619.6-45.9%
Belgium28.920.822.214.9-19.8%
Denmark14.57.722.512.6-4.6%
France2.82.53.38.745.9%
Japan10.03.78.03.8-27.6%
Taiwan (Chinese)4.37.813.42.5-16.5%
Others91.824.050.325.2-35.0%
Total299169361111-28.1%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Sri Lanka in 2022:

  1. China (2120.0 units)
  2. Canada (408.0 units)
  3. Belgium (256.0 units)
  4. Denmark (217.0 units)
  5. Taiwan (Chinese) (108.0 units)
  6. France (62.0 units)
  7. Japan (58.0 units)

Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sri Lanka

Exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) from Sri Lanka surged to 663 units in 2022, growing by 1,128% compared with the previous year. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) skyrocketed to $43K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A28.20%
Maldives1.13.70.53.749.8%
United Arab Emirates1.02.20.33.551.8%
Seychelles0.20.60.12.5132.1%
India1.12.00.21.510.9%
IndonesiaN/AN/AN/A0.30%
BangladeshN/AN/AN/A0.20%
South AfricaN/AN/A4.7N/A0%
Others2.024.60.42.69.1%
Total5.533.06.242.597.7%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Sri Lanka in 2022:

  1. Spain (284.0 units)
  2. Bangladesh (117.0 units)
  3. Maldives (101.0 units)
  4. Indonesia (97.0 units)
  5. United Arab Emirates (19.0 units)
  6. India (17.0 units)
  7. Seychelles (12.0 units)

Source: IndexBox Market Intelligence Platform

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