Report Update Nov 1, 2024

Sri Lanka - Centrifugal Clothes-Dryers - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Sri Lanka

In 2021, after two years of growth, there was significant decline in the Sri Lankan centrifugal clothes-dryer market, when its value decreased by -23.1% to $X. In general, consumption, however, showed buoyant growth. Centrifugal clothes-dryer consumption peaked at $X in 2020, and then contracted remarkably in the following year.

Centrifugal Clothes-Dryer Exports

Exports from Sri Lanka

Centrifugal clothes-dryer exports from Sri Lanka surged to X units in 2021, increasing by 25% compared with 2020 figures. Overall, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 133%. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, centrifugal clothes-dryer exports shrank to $X in 2021. In general, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 140% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Maldives (X units) was the main destination for centrifugal clothes-dryer exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Maldives amounted to -19.4%.

In value terms, Maldives ($X) also remains the key foreign market for centrifugal clothes-dryers exports from Sri Lanka.

From 2012 to 2021, the average annual growth rate of value to Maldives stood at -18.9%.

Export Prices by Country

In 2021, the average centrifugal clothes-dryer export price amounted to $X per unit, waning by -27.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 87%. Over the period under review, the average export prices reached the maximum at $X per unit in 2020, and then plummeted in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Maldives amounted to +0.7% per year.

Centrifugal Clothes-Dryer Imports

Imports into Sri Lanka

In 2021, purchases abroad of centrifugal clothes-dryers decreased by -23% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 212%. Imports peaked at X units in 2020, and then declined markedly in the following year.

In value terms, centrifugal clothes-dryer imports contracted sharply to $X in 2021. Overall, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 256%. Over the period under review, imports reached the peak figure at $X in 2020, and then declined markedly in the following year.

Imports by Country

In 2021, Spain (X units) constituted the largest supplier of centrifugal clothes-dryer to Sri Lanka, with a 47% share of total imports. Moreover, centrifugal clothes-dryer imports from Spain exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. The third position in this ranking was taken by China (X units), with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +73.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.5% per year) and China (+5.5% per year).

In value terms, Spain ($X) constituted the largest supplier of centrifugal clothes-dryers to Sri Lanka, comprising 44% of total imports. The second position in the ranking was held by the United States ($X), with an 11% share of total imports. It was followed by China, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +57.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.6% per year) and China (+7.1% per year).

Import Prices by Country

In 2021, the average centrifugal clothes-dryer import price amounted to $X per unit, remaining constant against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Turkey ($X per unit) and China ($X per unit), while the price for the United States ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+5.4%), 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 centrifugal clothes-dryers in the world?

The countries with the highest volumes of centrifugal clothes-dryer consumption in 2020 were China, Turkey and Nigeria, together accounting for 65% of global consumption.

What are the largest producers of centrifugal clothes-dryers in the world?

The countries with the highest volumes of centrifugal clothes-dryer production in 2020 were China, Turkey and Argentina, with a combined 93% share of global production. These countries were followed by South Korea, which accounted for a further 1.5%.

What are the leading suppliers of centrifugal clothes-dryers to Sri Lanka?

In value terms, the largest centrifugal clothes-dryer suppliers to Sri Lanka were Germany, China and Singapore, together comprising 21% of total imports.

What are the leading importers of centrifugal clothes-dryers from Sri Lanka?

In value terms, Maldives $125) remains the key foreign market for centrifugal clothes-dryer exports from Sri Lanka.

What is the average export price for centrifugal clothes-dryers in Sri Lanka?

In 2020, the average centrifugal clothes-dryer export price amounted to $125 per unit, which is down by -36.5% against the previous year.

What is the average import price for centrifugal clothes-dryers in Sri Lanka?

The average centrifugal clothes-dryer import price stood at $2,198 per unit in 2020, with an increase of 363% against the previous year.

This report provides an in-depth analysis of the centrifugal clothes-dryer 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 28942300 - Centrifugal clothes-dryers

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023