Report Update Nov 1, 2024

Sri Lanka - Mobile Lifting Frames on Tyres and Straddle Carriers - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in Sri Lanka

The Sri Lankan mobile lifting frame market reduced sharply to $X in 2021, waning by -23.8% against the previous year. Over the period under review, consumption saw a perceptible slump. Mobile lifting frame consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Mobile Lifting Frame Production in Sri Lanka

In value terms, mobile lifting frame production declined significantly to $X in 2021 estimated in export price. Overall, production saw a pronounced decrease. The pace of growth was the most pronounced in 2020 when the production volume increased by 106% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Mobile Lifting Frame Exports

Exports from Sri Lanka

In 2021, overseas shipments of mobile lifting frames on tyres and straddle carriers increased by 1,928% to X units for the first time since 2015, thus ending a five-year declining trend. In general, exports continue to indicate a resilient expansion. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, mobile lifting frame exports contracted dramatically to $X in 2021. Over the period under review, exports enjoyed prominent growth. The growth pace was the most rapid in 2015 when exports increased by 432% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Maldives (X units) was the main destination for mobile lifting frame exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Maldives totaled +87.7%.

In value terms, Maldives ($X) also remains the key foreign market for mobile lifting frames on tyres and straddle carriers exports from Sri Lanka.

From 2012 to 2021, the average annual rate of growth in terms of value to Maldives amounted to +104.9%.

Export Prices by Country

The average mobile lifting frame export price stood at $X per unit in 2021, waning by -97% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2020 an increase of 3,497% against the previous year. As a result, the export price reached the peak level of $X per unit, and then dropped sharply 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 +9.1% per year.

Mobile Lifting Frame Imports

Imports into Sri Lanka

In 2021, imports of mobile lifting frames on tyres and straddle carriers into Sri Lanka soared to X units, growing by 20% compared with 2020 figures. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by 16,255%. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, mobile lifting frame imports expanded sharply to $X in 2021. Over the period under review, imports recorded a prominent expansion. The growth pace was the most rapid in 2019 with an increase of 14,228% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Japan (X units), the UK (X units) and India (X units) were the main suppliers of mobile lifting frame imports to Sri Lanka, together accounting for 88% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +50.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mobile lifting frame suppliers to Sri Lanka were Japan ($X), India ($X) and the UK ($X), with a combined 84% share of total imports.

In terms of the main suppliers, Japan, with a CAGR of +54.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average mobile lifting frame import price stood at $X per unit in 2021, which is down by -6.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2013 when the average import price increased by 22%. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+3.4%), 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 mobile lifting frames on tyres and straddle carriers in the world?

The countries with the highest volumes of mobile lifting frame consumption in 2021 were Germany, Finland and Poland, with a combined 36% share of global consumption. Italy, Sweden, Belgium, Indonesia, Nigeria, Bolivia, Lithuania, Japan, the United Arab Emirates and Ecuador lagged somewhat behind, together comprising a further 35%.

What are the largest producers of mobile lifting frames on tyres and straddle carriers in the world?

The countries with the highest volumes of mobile lifting frame production in 2021 were Poland, Germany and Finland, together accounting for 63% of global production. These countries were followed by Japan, Italy, Bolivia and China, which together accounted for a further 23%.

What are the leading suppliers of mobile lifting frames on tyres and straddle carriers to Sri Lanka?

In value terms, China constituted the largest supplier of mobile lifting frame to Sri Lanka, comprising 96% of total imports. The second position in the ranking was occupied by India, with a 2.6% share of total imports.

What is the average export price for mobile lifting frames on tyres and straddle carriers in Sri Lanka?

In 2021, the average mobile lifting frame export price amounted to $3,886 per unit, waning by -41.8% against the previous year.

What is the average import price for mobile lifting frames on tyres and straddle carriers in Sri Lanka?

In 2021, the average mobile lifting frame import price amounted to $38,887 per unit, which is down by -55% against the previous year.

This report provides an in-depth analysis of the mobile lifting frame 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 28221433 - Mobile lifting frames on tyres and straddle carriers

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