Sri Lanka - Non-Numerically Controlled Horizontal Lathes, For Removing Metal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sri Lanka - Non-Numerically Controlled Horizontal Lathes, For Removing Metal - Market Analysis, Forecast, Size, Trends And Insights

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Non-Numerically Controlled Lathe Price in Sri Lanka - 2021

Contents:

  1. Non-Numerically Controlled Lathe Price in Sri Lanka (CIF) - 2022
  2. Non-Numerically Controlled Lathe Price in Sri Lanka (FOB) - 2022
  3. Non-Numerically Controlled Lathe Imports in Sri Lanka
  4. Non-Numerically Controlled Lathe Exports in Sri Lanka

Non-Numerically Controlled Lathe Price in Sri Lanka (CIF) - 2022

In 2022, the average non-numerically controlled lathe import price amounted to $1,537 per unit, reducing by -43% against the previous year. Overall, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 135% against the previous year. Over the period under review, average import prices reached the peak figure at $6,318 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 the Netherlands ($10,536 per unit), while the price for Japan ($824 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the prices for the other major suppliers experienced a decline.

Non-Numerically Controlled Lathe Price in Sri Lanka (FOB) - 2022

The average non-numerically controlled lathe export price stood at $9,362 per unit in 2022, falling by -21.5% against the previous year. In general, the export price recorded a noticeable reduction. The pace of growth was the most pronounced in 2021 when the average export price increased by 136% against the previous year. Over the period under review, the average export prices hit record highs at $14,956 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($11,387 per unit), while the average price for exports to the United Arab Emirates amounted to $1,262 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-0.6%), while the prices for the other major destinations experienced a decline.

Non-Numerically Controlled Lathe Imports in Sri Lanka

In 2022, imports of non-numerically controlled horizontal lathes, for removing metal into Sri Lanka skyrocketed to 249 units, jumping by 38% on the year before. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 138%. Over the period under review, non-numerically controlled laimports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, non-numerically controlled lathe imports shrank sharply to $383K in 2022. Overall, imports saw resilient growth. The growth pace was the most rapid in 2021 with an increase of 69%. As a result, imports attained the peak of $488K, and then dropped rapidly in the following year.

Import of Non-Numerically Controlled Lathe in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan13.136.4111140120.3%
China44.929.589.179.821.1%
South Korea39.439.862.165.718.6%
Netherlands3.64.718.142.1127.0%
Others12917820755.0-24.7%
Total23028848838318.5%

Top Suppliers of Non-Numerically Controlled Lathe to Sri Lanka in 2022:

  1. Japan (170.0 units)
  2. South Korea (58.0 units)
  3. China (10.0 units)
  4. Netherlands (4.0 units)

Non-Numerically Controlled Lathe Exports in Sri Lanka

In 2022, shipments abroad of non-numerically controlled horizontal lathes, for removing metal increased by 67% to 5 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a deep slump. The exports peaked at 6 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, non-numerically controlled lathe exports skyrocketed to $47K in 2022. In general, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 77%. The exports peaked at $75K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Non-Numerically Controlled Lathe in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom49.618.134.845.5-2.8%
United Arab EmiratesN/AN/AN/A1.30%
Spain5.1N/AN/AN/A0%
SwedenN/A0.6N/AN/A0%
Maldives1.11.01.0N/A-4.7%
United States14.4N/AN/AN/A0%
Others5.10.6N/AN/A-88.2%
Total75.320.235.846.8-14.7%

Top Export Markets for Non-Numerically Controlled Lathe from Sri Lanka in 2022:

  1. United Kingdom (4.0 units)
  2. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-numerically controlled lathe 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 28412140 - Non-numerically controlled horizontal lathes, for removing metal

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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