Sri Lanka: Monitors And Projectors Market 2025

Monitors And Projectors Market Size in Sri Lanka

In 2022, the Sri Lankan monitors and projectors market increased by 7.5% to $X, rising for the fifth consecutive year after three years of decline. Over the period under review, consumption, however, recorded a abrupt decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Monitors And Projectors Exports

Exports from Sri Lanka

In 2022, overseas shipments of monitors and projectors decreased by -6.5% to X units, falling for the sixth year in a row after five years of growth. Over the period under review, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by 293%. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, monitors and projectors exports rose markedly to $X in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 239%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

Malaysia (X units), India (X units) and South Korea (X units) were the main destinations of monitors and projectors exports from Sri Lanka, together accounting for 91% of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +35.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) remains the key foreign market for monitors and projectors exports from Sri Lanka, comprising 64% of total exports. The second position in the ranking was held by India ($X), with a 16% share of total exports. It was followed by Maldives, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value to Malaysia totaled +49.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+28.4% per year) and Maldives (+24.2% per year).

Export Prices by Country

The average monitors and projectors export price stood at $X per unit in 2022, picking up by 22% against the previous year. Overall, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 22%. The export price peaked in 2022 and is expected to retain growth in years to come.

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 Malaysia ($X per unit), while the average price for exports to India ($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 South Korea (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.

Monitors And Projectors Imports

Imports into Sri Lanka

In 2022, supplies from abroad of monitors and projectors increased by 7% to X units, rising for the fifth year in a row after three years of decline. In general, imports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 89% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, monitors and projectors imports expanded sharply to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2014 with an increase of 41%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Singapore (X units), China (X units) and South Korea (X units) were the main suppliers of monitors and projectors imports to Sri Lanka, with a combined 66% share of total imports. Malaysia, Vietnam, Japan, Australia, France, India, Canada and Hong Kong SAR lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +18.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Singapore ($X) and Malaysia ($X) constituted the largest monitors and projectors suppliers to Sri Lanka, with a combined 81% share of total imports. Vietnam, Japan, France, South Korea, India, Canada, Australia and Hong Kong SAR lagged somewhat behind, together accounting for a further 15%.

France, with a CAGR of +11.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average monitors and projectors import price stood at $X per unit in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 63% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 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 China ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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