Sri Lanka - Embroidery (Without Visible Ground) In The Piece - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEmbroidery Price in Sri Lanka - 2021
Contents:
- Embroidery Price in Sri Lanka (CIF) - 2022
- Embroidery Price in Sri Lanka (FOB) - 2022
- Embroidery Imports in Sri Lanka
- Embroidery Exports in Sri Lanka
Embroidery Price in Sri Lanka (CIF) - 2022
The average embroidery import price stood at $63,573 per ton in 2022, surging by 28% against the previous year. In general, the import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 99% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($117,935 per ton), while the price for India ($54,349 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Embroidery Price in Sri Lanka (FOB) - 2022
In 2022, the average embroidery export price amounted to $468,632 per ton, jumping by 2,191% against the previous year. In general, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($808,909 per ton), while the average price for exports to Maldives stood at $750 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+55.2%), while the prices for the other major destinations experienced mixed trend patterns.
Embroidery Imports in Sri Lanka
In 2022, approx. 2 tons of embroidery (without visible ground) in the piece were imported into Sri Lanka; which is down by -86.9% on 2021 figures. Overall, imports showed a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 150% against the previous year.
In value terms, embroidery imports fell markedly to $125K in 2022. In general, imports saw a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 286% against the previous year. As a result, imports attained the peak of $750K, and then reduced sharply in the following year.
Import of Embroidery in Sri Lanka (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 60.7 | 17.7 | 35.7 | 78.5 | 8.9% |
China | 256 | 98.7 | 410 | 28.3 | -52.0% |
Pakistan | 0.9 | 0.5 | 1.1 | 7.3 | 100.9% |
Hong Kong SAR | 25.8 | 5.5 | 113 | 4.0 | -46.3% |
Switzerland | 120 | 30.0 | N/A | 1.7 | -75.8% |
Venezuela | N/A | 2.7 | N/A | N/A | 0% |
Cambodia | 9.9 | 4.0 | 7.8 | N/A | -11.2% |
United Arab Emirates | 32.1 | 3.1 | 1.4 | N/A | -79.1% |
Others | 55.1 | 31.9 | 180 | 5.2 | -54.5% |
Total | 561 | 194 | 750 | 125 | -39.4% |
Top Suppliers of Embroidery to Sri Lanka in 2022:
- India (1445.0 kg)
- China (378.0 kg)
- Pakistan (62.0 kg)
- Hong Kong SAR (42.0 kg)
- Switzerland (7.0 kg)
- United Arab Emirates (4.0 kg)
Embroidery Exports in Sri Lanka
In 2022, after three years of growth, there was significant decline in shipments abroad of embroidery (without visible ground) in the piece, when their volume decreased by -98.9% to 19 kg. In general, exports recorded a sharp reduction. The pace of growth was the most pronounced in 2020 when exports increased by 187%.
In value terms, embroidery exports fell markedly to $8.9K in 2022. Over the period under review, exports saw a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 130% against the previous year. As a result, the exports reached the peak of $60K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Embroidery in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.4 | 1.7 | 0.7 | 8.9 | 181.3% |
Croatia | 0.9 | 2.5 | 0.7 | N/A | -11.8% |
Maldives | N/A | N/A | N/A | N/A | 0% |
Brazil | 17.7 | 35.6 | 26.0 | N/A | 21.2% |
Others | 7.1 | 20.2 | 6.9 | N/A | -1.4% |
Total | 26.1 | 59.9 | 34.4 | 8.9 | -30.1% |
Top Export Markets for Embroidery from Sri Lanka in 2022:
- India (11.0 kg)
- Maldives (8.0 kg)
This report provides an in-depth analysis of the embroidery 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 13991230 - Embroidery (without visible ground) in the piece, in strips or in motifs
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
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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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In value terms, embroidery imports amounted to $X in 2016. In general, embroidery imports continue to indicate a significant deduction. Over the period under review, global embroidery imports reach...
In value terms, embroidery exports totaled $X in 2016. Overall, embroidery exports continue to indicate a drastic descent. Global embroidery export peaked of $X in 2007; however, from 2008 to X>
In value terms, embroidery imports amounted to $X in 2016. In general, embroidery imports continue to indicate a significant deduction. Over the period under review, global embroidery imports reach...
In value terms, embroidery exports totaled $X in 2016. Overall, embroidery exports continue to indicate a drastic descent. Global embroidery export peaked of $X in 2007; however, from 2008 to X>