Report Update Jan 1, 2025

Sri Lanka - Airbags With Inflator System and Parts Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Inflator System Airbag Market 2025

Inflator System Airbag Market Size in Sri Lanka

The Sri Lankan inflator system airbag market expanded to $X in 2022, picking up by 4.8% against the previous year. Over the period under review, consumption recorded a buoyant increase. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Inflator System Airbag Production in Sri Lanka

In value terms, inflator system airbag production amounted to $X in 2022 estimated in export price. Overall, production enjoyed a strong increase. The growth pace was the most rapid in 2014 with an increase of 44%. Inflator system airbag production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Inflator System Airbag Exports

Exports from Sri Lanka

In 2022, the amount of airbags with inflator system and parts thereof exported from Sri Lanka reduced notably to X tons, shrinking by -73.8% compared with the previous year's figure. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 9,739%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, inflator system airbag exports shrank notably to $X in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 15,393%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Japan (X tons) was the main destination for inflator system airbag exports from Sri Lanka, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Japan amounted to +413.6%.

In value terms, Japan ($X) emerged as the key foreign market for airbags with inflator system and parts thereof exports from Sri Lanka.

From 2012 to 2022, the average annual growth rate of value to Japan amounted to +197.4%.

Export Prices by Country

In 2022, the average inflator system airbag export price amounted to $X per ton, waning by -64% against the previous year. In general, the export price saw a deep downturn. The pace of growth was the most pronounced in 2015 an increase of 57% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +0.7% per year.

Inflator System Airbag Imports

Imports into Sri Lanka

In 2022, imports of airbags with inflator system and parts thereof into Sri Lanka fell dramatically to X tons, waning by -27.4% compared with 2021. Overall, imports, however, continue to indicate tangible growth. The most prominent rate of growth was recorded in 2019 when imports increased by 103%. Imports peaked at X tons in 2021, and then contracted significantly in the following year.

In value terms, inflator system airbag imports dropped sharply to $X in 2022. In general, imports, however, showed measured growth. The pace of growth appeared the most rapid in 2019 with an increase of 221%. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted remarkably in the following year.

Imports by Country

The UK (X tons), Japan (X tons) and Indonesia (X tons) were the main suppliers of inflator system airbag imports to Sri Lanka, together accounting for 74% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +52.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest inflator system airbag suppliers to Sri Lanka were Japan ($X), Indonesia ($X) and China ($X), with a combined 62% share of total imports.

In terms of the main suppliers, Indonesia, with a CAGR of +95.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average inflator system airbag import price amounted to $X per ton, waning by -36.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 59%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 Malaysia ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for airbags with inflator system and parts thereof in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 45% share of global consumption. Japan, Brazil, Mexico, Indonesia, Nigeria, Poland, Ethiopia and the UK lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of airbags with inflator system and parts thereof in the world?

China constituted the country with the largest volume of inflator system airbag production, comprising approx. 24% of total volume. Moreover, inflator system airbag production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 9.1% share.

What are the leading suppliers of airbags with inflator system and parts thereof to Sri Lanka?

In value terms, Japan constituted the largest supplier of inflator system airbag to Sri Lanka, comprising 61% of total imports. The second position in the ranking was occupied by China, with an 8.9% share of total imports. It was followed by India, with a 7.2% share.

What are the leading importers of airbags with inflator system and parts thereof from Sri Lanka?

In value terms, Indonesia remains the key foreign market for inflator system airbag exports from Sri Lanka, comprising 96% of total exports. The second position in the ranking was occupied by Malaysia $43), with a 1.9% share of total exports.

What is the average export price for airbags with inflator system and parts thereof in Sri Lanka?

In 2021, the average inflator system airbag export price amounted to $27,190 per ton, declining by -4.8% against the previous year.

What is the average import price for airbags with inflator system and parts thereof in Sri Lanka?

In 2021, the average inflator system airbag import price amounted to $22,257 per ton, dropping by -1.9% against the previous year.

This report provides an in-depth analysis of the inflator system airbag 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 29322050 - Airbags with inflator system and parts thereof

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024