Report Update Jan 1, 2025

Sri Lanka - Amplifiers - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Amplifier Market 2025

Amplifier Market Size in Sri Lanka

The Sri Lankan amplifier market fell markedly to $X in 2022, declining by -70.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a abrupt setback. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Amplifier Exports

Exports from Sri Lanka

In 2022, shipments abroad of amplifiers increased by 16% to X units, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 95% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, amplifier exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a noticeable reduction. The growth pace was the most rapid in 2017 with an increase of 98%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The Dominican Republic (X units), Maldives (X units) and Singapore (X units) were the main destinations of amplifier exports from Sri Lanka, with a combined 92% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +17.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Maldives ($X) remains the key foreign market for amplifiers exports from Sri Lanka, comprising 73% of total exports. The second position in the ranking was taken by the Dominican Republic ($X), with a 15% share of total exports. It was followed by Haiti, with a 6.9% share.

From 2012 to 2022, the average annual growth rate of value to Maldives stood at +6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (0.0% per year) and Haiti (0.0% per year).

Export Prices by Country

The average amplifier export price stood at $X per unit in 2022, increasing by 15% against the previous year. Over the period under review, the export price enjoyed resilient growth. The pace of growth was the most pronounced in 2015 an increase of 245% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($X per unit), while the average price for exports to the Dominican Republic ($X 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 Australia (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.

Amplifier Imports

Imports into Sri Lanka

In 2022, approx. X units of amplifiers were imported into Sri Lanka; with a decrease of -65.6% against the previous year's figure. Overall, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2015 when imports increased by 162%. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, amplifier imports contracted notably to $X in 2022. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 76%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of amplifier to Sri Lanka, accounting for a 73% share of total imports. Moreover, amplifier imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fourfold. The third position in this ranking was taken by Hong Kong SAR (X units), with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-3.3% per year) and Hong Kong SAR (-27.6% per year).

In value terms, China ($X), India ($X) and Hong Kong SAR ($X) appeared to be the largest amplifier suppliers to Sri Lanka, with a combined 79% share of total imports.

Among the main suppliers, India, with a CAGR of -7.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average amplifier import price amounted to $X per unit, dropping by -22.3% against the previous year. In general, the import price saw a noticeable downturn. The growth pace was the most rapid in 2014 when the average import price increased by 70%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+9.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for amplifiers in the world?

The country with the largest volume of amplifier consumption was China, accounting for 73% of total volume. Moreover, amplifier consumption in China exceeded the figures recorded by the second-largest consumer, the United States, more than tenfold. India ranked third in terms of total consumption with a 2.9% share.

What are the largest producers of amplifiers in the world?

China constituted the country with the largest volume of amplifier production, comprising approx. 91% of total volume. It was followed by Mexico, with a 1.9% share of total production.

What are the leading suppliers of amplifiers to Sri Lanka?

In value terms, China constituted the largest supplier of amplifier to Sri Lanka, comprising 50% of total imports. The second position in the ranking was occupied by India, with a 16% share of total imports. It was followed by Singapore, with a 5.6% share.

What are the leading importers of amplifiers from Sri Lanka?

In value terms, Maldives remains the key foreign market for amplifier exports from Sri Lanka, comprising 19% of total exports. The second position in the ranking was occupied by Japan, with a 2.1% share of total exports. It was followed by the United Arab Emirates, with a 1.5% share.

What is the average export price for amplifiers in Sri Lanka?

In 2021, the average amplifier export price amounted to $277 per unit, with a decrease of -19.8% against the previous year.

What is the average import price for amplifiers in Sri Lanka?

In 2021, the average amplifier import price amounted to $24 per unit, rising by 2.8% against the previous year.

This report provides an in-depth analysis of the amplifier 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 26404355 - Telephonic and measurement amplifiers (excluding high or intermediate frequency amplifiers)
Prodcom 26404359 - Audio-frequency electric amplifiers (including hi-fi amplifiers) (excluding high or intermediate frequency amplifiers, t elephonic and measurement amplifiers)
Prodcom 26404370 - Electric sound amplifier sets (including public address systems with microphone and speaker)

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