Report Update Nov 1, 2024

Sri Lanka - Sawing Machines for Working Stone, Ceramics and Concrete - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Stone Sawing Machine Market 2024

Stone Sawing Machine Market Size in Sri Lanka

After two years of decline, the Sri Lankan stone sawing machine market increased by 173% to $X in 2021. Over the period under review, consumption, however, showed a mild setback. Stone sawing machine consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Stone Sawing Machine Exports

Exports from Sri Lanka

In 2021, the amount of sawing machines for working stone, ceramics and concrete exported from Sri Lanka was estimated at X units, approximately mirroring the previous year. Overall, exports showed a deep contraction. The pace of growth appeared the most rapid in 2016 with an increase of 1,150% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, stone sawing machine exports soared to $X in 2021. Over the period under review, exports recorded a abrupt setback. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X units) was the main destination for stone sawing machine exports from Sri Lanka, accounting for a approx. 50% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Oman was relatively modest.

In value terms, India ($X) remains the key foreign market for sawing machines for working stone, ceramics and concrete exports from Sri Lanka, comprising 63% of total exports. The second position in the ranking was taken by Oman ($X), with a 30% share of total exports. It was followed by Thailand, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to India totaled -6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (0.0% per year) and Thailand (-33.4% per year).

Export Prices by Country

In 2021, the average stone sawing machine export price amounted to $X per unit, dropping by -48.3% against the previous year. In general, the export price, however, showed a noticeable increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 477% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was India ($X per unit), while the average price for exports to Maldives ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+28.6%), while the prices for the other major destinations experienced a decline.

Stone Sawing Machine Imports

Imports into Sri Lanka

In 2021, purchases abroad of sawing machines for working stone, ceramics and concrete was finally on the rise to reach X units after three years of decline. Over the period under review, imports, however, continue to indicate a noticeable curtailment. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, stone sawing machine imports surged to $X in 2021. In general, imports saw a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest stone sawing machine supplier to Sri Lanka, accounting for a 43% share of total imports. Moreover, stone sawing machine imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. India (X units) ranked third in terms of total imports with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+35.0% per year) and India (-18.9% per year).

In value terms, China ($X), Turkey ($X) and Thailand ($X) constituted the largest stone sawing machine suppliers to Sri Lanka, together comprising 67% of total imports. These countries were followed by India, Spain, the United Arab Emirates, Japan and Singapore, which together accounted for a further 12%.

Japan, with a CAGR of +77.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average stone sawing machine import price amounted to $X per unit, surging by 30% against the previous year. In general, the import price recorded resilient growth. The growth pace was the most rapid in 2018 an increase of 86%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+17.9%), 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 sawing machines for working stone, ceramics and concrete in the world?

The United States remains the largest stone sawing machine consuming country worldwide, comprising approx. 45% of total volume. Moreover, stone sawing machine consumption in the United States exceeded the figures recorded by the second-largest consumer, China, threefold. Germany ranked third in terms of total consumption with a 5.2% share.

What are the largest producers of sawing machines for working stone, ceramics and concrete in the world?

China constituted the country with the largest volume of stone sawing machine production, accounting for 40% of total volume. Moreover, stone sawing machine production in China exceeded the figures recorded by the second-largest producer, Germany, fourfold. India ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of sawing machines for working stone, ceramics and concrete to Sri Lanka?

In value terms, China constituted the largest supplier of stone sawing machine to Sri Lanka.

What are the leading importers of sawing machines for working stone, ceramics and concrete from Sri Lanka?

In value terms, Maldives $12) remains the key foreign market for stone sawing machine exports from Sri Lanka.

What is the average export price for sawing machines for working stone, ceramics and concrete in Sri Lanka?

The average stone sawing machine export price stood at $363 per unit in 2020, which is down by -85.4% against the previous year.

What is the average import price for sawing machines for working stone, ceramics and concrete in Sri Lanka?

In 2020, the average stone sawing machine import price amounted to $131 per unit, waning by -49.4% against the previous year.

This report provides an in-depth analysis of the stone sawing machine 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 28491130 - Sawing machines for working stone, ceramics, concrete, a sbestos-cement or like mineral materials or for cold working glass

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