Report Update Feb 1, 2025

Sri Lanka - Airplanes and Other Aircraft - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Aircraft Market 2025

Aircraft Market Size in Sri Lanka

The Sri Lankan aircraft market reduced rapidly to $X in 2022, waning by -75.1% against the previous year. In general, consumption saw a abrupt setback. As a result, consumption attained the peak level of $X, and then dropped significantly in the following year.

Aircraft Production in Sri Lanka

In value terms, aircraft production fell sharply to $X in 2022 estimated in export price. In general, production, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by 655%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Aircraft Exports

Exports from Sri Lanka

In 2020, shipments abroad of airplanes and other aircraft decreased by -88.9% to X units for the first time since 2016, thus ending a three-year declining trend. Over the period under review, exports, however, posted prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of 1,000%. Over the period under review, the exports attained the maximum at X units in 2019, and then fell sharply in the following year.

In value terms, aircraft exports contracted rapidly to $X in 2020. Overall, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 1,272%. The exports peaked at $X in 2019, and then reduced remarkably in the following year.

Exports by Country

Poland (X units) was the main destination for aircraft exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2015 to 2020, the average annual growth rate of volume to Poland was relatively modest.

In value terms, Poland ($X) emerged as the key foreign market for airplanes and other aircraft exports from Sri Lanka.

From 2015 to 2020, the average annual growth rate of value to Poland was relatively modest.

Export Prices by Country

In 2020, the average aircraft export price amounted to $X per unit, which is down by -23.7% against the previous year. Overall, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2016 an increase of 25%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2020, the average export prices remained at a lower figure.

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

From 2015 to 2020, the rate of growth in terms of prices for the United States amounted to +95.9% per year.

Aircraft Imports

Imports into Sri Lanka

After two years of growth, overseas purchases of airplanes and other aircraft decreased by -82% to X units in 2022. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 336%. As a result, imports reached the peak of X units, and then fell markedly in the following year.

In value terms, aircraft imports shrank dramatically to $X in 2022. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 2,669% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest aircraft supplier to Sri Lanka, accounting for a 73% share of total imports. Moreover, aircraft imports from China exceeded the figures recorded by the second-largest supplier, Australia (X units), eightfold. The third position in this ranking was taken by the United Arab Emirates (X units), with a 9.1% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-12.9% per year) and the United Arab Emirates (-12.9% per year).

In value terms, China ($X) constituted the largest supplier of airplanes and other aircraft to Sri Lanka, comprising 67% of total imports. The second position in the ranking was taken by Austria ($X), with a 28% share of total imports. It was followed by the United Arab Emirates, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +28.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (0.0% per year) and the United Arab Emirates (-12.5% per year).

Import Prices by Country

In 2022, the average aircraft import price amounted to $X per unit, with an increase of 11% against the previous year. Overall, the import price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 592% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 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 Austria ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.5%), 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 airplanes and other aircraft in the world?

Belgium constituted the country with the largest volume of aircraft consumption, comprising approx. 31% of total volume. Moreover, aircraft consumption in Belgium exceeded the figures recorded by the second-largest consumer, Brazil, threefold. Kyrgyzstan ranked third in terms of total consumption with a 6.4% share.

What are the largest producers of airplanes and other aircraft in the world?

China constituted the country with the largest volume of aircraft production, accounting for 59% of total volume. Moreover, aircraft production in China exceeded the figures recorded by the second-largest producer, Turkey, ninefold. Israel ranked third in terms of total production with a 5.9% share.

What are the leading suppliers of airplanes and other aircraft to Sri Lanka?

In value terms, the United States constituted the largest supplier of aircraft to Sri Lanka, comprising 84% of total imports. The second position in the ranking was occupied by the UK, with a 16% share of total imports.

What is the average export price for airplanes and other aircraft in Sri Lanka?

In 2019, the average aircraft export price amounted to $133,093 per unit, remaining constant against the previous year.

What is the average import price for airplanes and other aircraft in Sri Lanka?

In 2021, the average aircraft import price amounted to $13,688 per unit, surging by 10% against the previous year.

This report provides an in-depth analysis of the aircraft 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 30303200 - Aeroplanes and other aircraft of an unladen weight . 2 .000 kg, for civil use

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