Sri Lanka - Iron Or Steel Rivets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Rivet Price in Sri Lanka - 2021
Contents:
- Metal Rivet Price in Sri Lanka (CIF) - 2022
- Metal Rivet Price in Sri Lanka (FOB) - 2022
- Metal Rivet Imports in Sri Lanka
- Metal Rivet Exports in Sri Lanka
Metal Rivet Price in Sri Lanka (CIF) - 2022
The average metal rivet import price stood at $2,785 per ton in 2022, approximately reflecting the previous year. Overall, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 51% against the previous year. Over the period under review, average import prices attained the peak figure at $8,487 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,543 per ton), while the price for China stood at $2,341 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.3%).
Metal Rivet Price in Sri Lanka (FOB) - 2022
In 2022, the average metal rivet export price amounted to $2,947 per ton, dropping by -30.5% against the previous year. Overall, the export price saw a abrupt slump. The pace of growth was the most pronounced in 2014 an increase of 49%. As a result, the export price reached the peak level of $14,404 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
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 Mali ($3,571 per ton), while the average price for exports to Singapore ($1,778 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (-2.1%), while the prices for the other major destinations experienced a decline.
Metal Rivet Imports in Sri Lanka
After three years of growth, purchases abroad of iron or steel rivets decreased by -65.2% to 187 tons in 2022. Over the period under review, imports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 150%.
In value terms, metal rivet imports fell dramatically to $519K in 2022. In general, imports recorded a perceptible slump. The pace of growth was the most pronounced in 2021 when imports increased by 87% against the previous year. As a result, imports attained the peak of $1.5M, and then shrank markedly in the following year.
Import of Metal Rivet in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 292 | 536 | 957 | 393 | 10.4% |
India | 42.6 | 86.3 | 78.8 | 38.9 | -3.0% |
Malaysia | 13.9 | 0.5 | 63.7 | N/A | 114.1% |
Others | 207 | 185 | 411 | 87.2 | -25.0% |
Total | 555 | 809 | 1,511 | 519 | -2.2% |
Top Suppliers of Metal Rivet to Sri Lanka in 2022:
- Malaysia (undefined tons)
- China (168.0 tons)
- India (15.3 tons)
Metal Rivet Exports in Sri Lanka
In 2022, the amount of iron or steel rivets exported from Sri Lanka contracted dramatically to 318 kg, which is down by -73.2% compared with 2021. In general, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 382%. As a result, the exports attained the peak of 1.2 tons, and then shrank rapidly in the following year.
In value terms, metal rivet exports dropped significantly to $937 in 2022. Overall, exports recorded a significant decrease. The pace of growth was the most pronounced in 2021 when exports increased by 322% against the previous year.
Export of Metal Rivet in Sri Lanka (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Maldives | 2,313 | 408 | 2,852 | 755 | -31.1% |
Singapore | 19.0 | 17.0 | 79.0 | 128 | 88.9% |
Mali | N/A | N/A | N/A | 25.0 | 0% |
Spain | 1,236 | N/A | N/A | N/A | 0% |
Germany | 694 | 443 | 1,525 | N/A | 48.2% |
Central African Republic | 653 | N/A | N/A | N/A | 0% |
Others | 882 | 322 | 570 | 29.0 | -68.0% |
Total | 5,797 | 1,190 | 5,026 | 937 | -45.5% |
Top Export Markets for Metal Rivet from Sri Lanka in 2022:
- Maldives (237.0 kg)
- Singapore (72.0 kg)
- Mali (7.0 kg)
This report provides an in-depth analysis of the metal rivet 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 25941250 - Iron or steel rivets (including partly hollow rivets) (excluding tubular or bifurcated rivets for all purposes)
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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