Report Update Nov 1, 2024

Sri Lanka - Machinery for Moulding or Retreading Pneumatic Tyres - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Machinery For Moulding Or Retreading Pneumatic Tyres 2024

Market Size for Machinery For Moulding Or Retreading Pneumatic Tyres in Sri Lanka

The Sri Lankan pneumatic tyre retreading machinery market dropped dramatically to $X in 2022, which is down 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). In general, consumption saw a slight downturn. Pneumatic tyre retreading machinery consumption peaked at $X in 2021, and then shrank notably in the following year.

Exports of Machinery For Moulding Or Retreading Pneumatic Tyres

Exports from Sri Lanka

In 2022, shipments abroad of machinery for moulding or retreading pneumatic tyres decreased by -4.2% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 900% against the previous year. The exports peaked at X units in 2021, and then declined in the following year.

In value terms, pneumatic tyre retreading machinery exports reduced slightly to $X in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2019 when exports increased by 2,453%. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to India totaled +36.8%.

In value terms, India ($X) also remains the key foreign market for machinery for moulding or retreading pneumatic tyres exports from Sri Lanka.

From 2012 to 2022, the average annual growth rate of value to India totaled +28.1%.

Export Prices by Country

The average pneumatic tyre retreading machinery export price stood at $X per unit in 2022, surging by 1.8% against the previous year. In general, the export price, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2015 an increase of 354% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -6.4% per year.

Imports of Machinery For Moulding Or Retreading Pneumatic Tyres

Imports into Sri Lanka

In 2022, approx. X units of machinery for moulding or retreading pneumatic tyres were imported into Sri Lanka; which is down by -94.6% against the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 787% against the previous year. Imports peaked at X units in 2021, and then declined dramatically in the following year.

In value terms, pneumatic tyre retreading machinery imports fell sharply to $X in 2022. Overall, imports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2015 when imports increased by 442% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then declined dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest pneumatic tyre retreading machinery supplier to Sri Lanka, accounting for a 74% share of total imports. Moreover, pneumatic tyre retreading machinery 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 the Czech Republic (X units), with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +53.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-7.8% per year) and the Czech Republic (-2.2% per year).

In value terms, China ($X) constituted the largest supplier of machinery for moulding or retreading pneumatic tyres to Sri Lanka, comprising 52% of total imports. The second position in the ranking was taken by India ($X), with a 24% share of total imports. It was followed by the Czech Republic, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +73.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+7.5% per year) and the Czech Republic (+4.9% per year).

Import Prices by Country

The average pneumatic tyre retreading machinery import price stood at $X per unit in 2022, which is down by -15.8% 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 2017 when the average import price increased by 173% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Hong Kong SAR ($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 (+31.8%), 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 moulding or retreading pneumatic tyres in the world?

The country with the largest volume of pneumatic tyre retreading machinery consumption was Serbia, accounting for 25% of total volume. Moreover, pneumatic tyre retreading machinery consumption in Serbia exceeded the figures recorded by the second-largest consumer, Thailand, threefold. The Netherlands ranked third in terms of total consumption with a 9.1% share.

What are the largest producers of machinery for moulding or retreading pneumatic tyres in the world?

The countries with the highest volumes of in 2021 were the Netherlands, Italy and Romania, together comprising 57% of global production. These countries were followed by Taiwan Chinese), Croatia, the United States and Japan, which together accounted for a further 29%.

What are the leading suppliers of machinery for moulding or retreading pneumatic tyres to Sri Lanka?

In value terms, India constituted the largest supplier of pneumatic tyre retreading machinery to Sri Lanka, comprising 55% of total imports. The second position in the ranking was occupied by China, with a 23% share of total imports.

What are the leading importers of machinery for moulding or retreading pneumatic tyres from Sri Lanka?

In value terms, India remains the key foreign market for pneumatic tyre retreading machinery exports from Sri Lanka.

What is the average export price for machinery for moulding or retreading pneumatic tyres in Sri Lanka?

In 2021, the average pneumatic tyre retreading machinery export price amounted to $2,633 per unit, flattening at the previous year.

What is the average import price for machinery for moulding or retreading pneumatic tyres in Sri Lanka?

In 2021, the average pneumatic tyre retreading machinery import price amounted to $2,577 per unit, waning by -66% against the previous year.

This report provides an in-depth analysis of the market for pneumatic tyre retreading machinery 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 28961060 - Machinery for moulding or retreading pneumatic tyres...

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