Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Sri Lanka - 2022
Contents:
- Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Sri Lanka (CIF) - 2022
- Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Sri Lanka (FOB) - 2022
- Imports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Sri Lanka
- Exports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Sri Lanka
Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Sri Lanka (CIF) - 2022
The average import price for printing machinery; offset, (excluding reel or sheet fed)s stood at $1,012 per unit in 2022, rising by 59% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 79% against the previous year. As a result, import price reached the peak level of $2,491 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($6,359 per unit), while the price for China ($202 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-1.0%), while the prices for the other major suppliers experienced a decline.
Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Sri Lanka (FOB) - 2022
In 2022, the average export price for printing machinery; offset, (excluding reel or sheet fed)s amounted to $5,429 per unit, jumping by 108% against the previous year. Overall, the export price, however, continues to indicate a pronounced contraction. Over the period under review, the average export prices reached the maximum at $8,293 per unit in 2012; however, from 2013 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 Kenya ($15,283 per unit), while the average price for exports to the UK ($16 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 Kenya (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Sri Lanka
Imports of printing machinery; offset, (excluding reel or sheet fed)s into Sri Lanka contracted significantly to 3.7K units in 2022, shrinking by -47.7% against the previous year's figure. Overall, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by 85% against the previous year. As a result, imports attained the peak of 7.1K units, and then shrank remarkably in the following year.
In value terms, imports of printing machinery; offset, (excluding reel or sheet fed)s dropped sharply to $3.8M in 2022. Over the period under review, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 81%. As a result, imports reached the peak of $4.5M, and then reduced rapidly in the following year.
| Import of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 338 | 362 | 749 | 697 | 27.3% |
| China | 675 | 645 | 1,287 | 558 | -6.1% |
| Turkey | 3.8 | 7.8 | 185 | 375 | 362.1% |
| India | 105 | 74.9 | 94.1 | 26.0 | -37.2% |
| Others | 2,326 | 1,413 | 2,224 | 2,122 | -3.0% |
| Total | 3,448 | 2,502 | 4,539 | 3,779 | 3.1% |
Top Suppliers of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) to Sri Lanka in 2022:
- China (2770.0 units)
- Portugal (681.0 units)
- India (93.0 units)
- Turkey (59.0 units)
Exports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Sri Lanka
In 2022, shipments abroad of printing machinery; offset, (excluding reel or sheet fed)s was finally on the rise to reach 94 units after two years of decline. Overall, exports, however, recorded a abrupt decline. Over the period under review, the exports of hit record highs at 111 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of printing machinery; offset, (excluding reel or sheet fed)s surged to $510K in 2022. Over the period under review, exports, however, showed a drastic downturn. The exports peaked at $724K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 4.7 | 4.1 | 10.5 | 444 | 355.4% |
| Kenya | 12.0 | 14.6 | 17.4 | 30.6 | 36.6% |
| India | 192 | 55.4 | 16.8 | 21.4 | -51.9% |
| Ethiopia | 0.1 | 0.9 | 0.1 | 1.8 | 162.1% |
| Papua New Guinea | N/A | N/A | N/A | 0.6 | 0% |
| United Kingdom | 14.7 | 1.1 | 0.1 | N/A | -91.8% |
| Indonesia | 60.9 | N/A | N/A | N/A | 0% |
| Portugal | 22.0 | 13.2 | 8.6 | N/A | -37.5% |
| Italy | 374 | N/A | N/A | N/A | 0% |
| Seychelles | 1.4 | N/A | N/A | N/A | 0% |
| United States | 10.0 | 4.9 | 3.6 | N/A | -40.0% |
| Others | 32.3 | 18.8 | 15.8 | 12.4 | -27.3% |
| Total | 724 | 113 | 73.0 | 510 | -11.0% |
Top Export Markets for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) from Sri Lanka in 2022:
- Bangladesh (53.0 units)
- Papua New Guinea (25.0 units)
- Ethiopia (4.0 units)
- India (3.0 units)
- Kenya (2.0 units)
- United Kingdom (1.0 units)
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