Report Update Nov 1, 2024

Sri Lanka - Machinery for Making or Repairing Articles of Hides, Skins or Leather - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Sri Lanka: Hide Repairing Machinery Market 2024

Hide Repairing Machinery Market Size in Sri Lanka

The Sri Lankan hide repairing machinery market soared to $X in 2022, growing by 96% 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, however, saw a abrupt decline. Hide repairing machinery consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Hide Repairing Machinery Exports

Exports from Sri Lanka

In 2022, approx. X units of machinery for making or repairing articles of hides, skins or leather were exported from Sri Lanka; leveling off at the previous year. In general, exports faced a precipitous shrinkage. The smallest decline of -50% was in 2018. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, hide repairing machinery exports amounted to $X in 2022. Over the period under review, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 35,123% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India (X units) was the main destination for hide repairing machinery exports from Sri Lanka, with a approx. 100% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to India stood at -21.7%.

In value terms, India ($X) emerged as the key foreign market for machinery for making or repairing articles of hides, skins or leather exports from Sri Lanka, comprising 100% of total exports. The second position in the ranking was taken by Maldives ($X), with a 0.3% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to India amounted to -40.9%.

Export Prices by Country

The average hide repairing machinery export price stood at $X per unit in 2022, dropping by -88.1% against the previous year. Over the period under review, the export price continues to indicate a sharp decrease. The most prominent rate of growth was recorded in 2013 an increase of 25% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($X per unit), while the average price for exports to India totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (-4.0%).

Hide Repairing Machinery Imports

Imports into Sri Lanka

In 2022, supplies from abroad of machinery for making or repairing articles of hides, skins or leather increased by 250% to X units, rising for the third consecutive year after three years of decline. Overall, imports, however, recorded a abrupt decrease. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, hide repairing machinery imports totaled $X in 2022. Over the period under review, imports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 182% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hide repairing machinery to Sri Lanka, with a 71% share of total imports. Moreover, hide repairing machinery imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fivefold.

From 2012 to 2022, the average annual growth rate of volume from China stood at -16.9%.

In value terms, China ($X) constituted the largest supplier of machinery for making or repairing articles of hides, skins or leather to Sri Lanka, comprising 75% of total imports. The second position in the ranking was taken by India ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at -11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-2.1% per year) and Thailand (-33.6% per year).

Import Prices by Country

In 2022, the average hide repairing machinery import price amounted to $X per unit, dropping by -67.6% against the previous year. In general, the import price, however, showed pronounced growth. The pace of growth appeared the most rapid in 2017 an increase of 51% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+32.1%), 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 machinery for making or repairing articles of hides, skins or leather in the world?

The countries with the highest volumes of hide repairing machinery consumption in 2020 were Taiwan Chinese), Indonesia and Italy, together accounting for 56% of global consumption. Vietnam, Sweden, Hong Kong SAR, Cambodia, Egypt and India lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of machinery for making or repairing articles of hides, skins or leather in the world?

The country with the largest volume of hide repairing machinery production was Taiwan Chinese), comprising approx. 50% of total volume. Moreover, hide repairing machinery production in Taiwan Chinese) exceeded the figures recorded by the second-largest producer, Italy, twofold. Sweden ranked third in terms of total production with an 8.6% share.

What are the leading suppliers of machinery for making or repairing articles of hides, skins or leather to Sri Lanka?

In value terms, China constituted the largest supplier of hide repairing machinery to Sri Lanka.

What are the leading importers of machinery for making or repairing articles of hides, skins or leather from Sri Lanka?

In value terms, Maldives remains the key foreign market for hide repairing machinery exports from Sri Lanka.

What is the average export price for machinery for making or repairing articles of hides, skins or leather in Sri Lanka?

The average hide repairing machinery export price stood at $3,225 per unit in 2020, with a decrease of -4% against the previous year.

What is the average import price for machinery for making or repairing articles of hides, skins or leather in Sri Lanka?

The average hide repairing machinery import price stood at $85 per unit in 2020, reducing by -79.4% against the previous year.

This report provides an in-depth analysis of the hide repairing machinery 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 28943070 - Machinery for making/repairing articles of hides, skins or leather, n.e.c.

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