Report Update Jan 1, 2025

Sri Lanka - Screwdrivers - 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: Screwdriver Market 2025

Screwdriver Market Size in Sri Lanka

In 2021, the Sri Lankan screwdriver market increased by 60% to $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption enjoyed a prominent increase. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Screwdriver Exports

Exports from Sri Lanka

In 2021, overseas shipments of screwdrivers were finally on the rise to reach X kg for the first time since 2018, thus ending a two-year declining trend. In general, exports showed strong growth. The growth pace was the most rapid in 2016 with an increase of 405%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, screwdriver exports soared to $X in 2021. Overall, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 313%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Costa Rica (X kg), Maldives (X kg) and Poland (X kg) were the main destinations of screwdriver exports from Sri Lanka, together accounting for 68% of total exports. Ethiopia, Seychelles, Singapore, Bangladesh and Kenya lagged somewhat behind, together comprising a further 20%.

From 2012 to 2021, the biggest increases were recorded for Bangladesh (with a CAGR of +39.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Maldives ($X), Poland ($X) and Ethiopia ($X) were the largest markets for screwdriver exported from Sri Lanka worldwide, together comprising 37% of total exports. These countries were followed by Costa Rica, Kenya, Singapore, Bangladesh and Seychelles, which together accounted for a further 14%.

Among the main countries of destination, Kenya, with a CAGR of +54.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average screwdriver export price stood at $X per ton in 2021, remaining constant against the previous year. Overall, the export price saw a slight setback. The most prominent rate of growth was recorded in 2015 an increase of 52% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Kenya ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Screwdriver Imports

Imports into Sri Lanka

In 2021, overseas purchases of screwdrivers were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of 195%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, screwdriver imports soared to $X in 2021. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 323%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main screwdriver supplier to Sri Lanka, with a 94% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a 2.3% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at +8.3%.

In value terms, China ($X) constituted the largest supplier of screwdrivers to Sri Lanka, comprising 76% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +22.2%.

Import Prices by Country

In 2021, the average screwdriver import price amounted to $X per ton, increasing by 12% against the previous year. Overall, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2016 an increase of 62% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for screwdrivers in the world?

China constituted the country with the largest volume of screwdriver consumption, accounting for 29% of total volume. Moreover, screwdriver consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of screwdrivers in the world?

The country with the largest volume of screwdriver production was China, comprising approx. 65% of total volume. Moreover, screwdriver production in China exceeded the figures recorded by the second-largest producer, India, sixfold. Taiwan Chinese) ranked third in terms of total production with a 4.2% share.

What are the leading suppliers of screwdrivers to Sri Lanka?

In value terms, China constituted the largest supplier of screwdriver to Sri Lanka, comprising 64% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 7.9% share of total imports. It was followed by India, with a 5.3% share.

What are the leading importers of screwdrivers from Sri Lanka?

In value terms, the United Arab Emirates, Maldives $903) and Hong Kong SAR $178) appeared to be the largest markets for screwdriver exported from Sri Lanka worldwide, with a combined 92% share of total exports.

What is the average export price for screwdrivers in Sri Lanka?

The average screwdriver export price stood at $7,480 per ton in 2020, increasing by 50% against the previous year.

What is the average import price for screwdrivers in Sri Lanka?

The average screwdriver import price stood at $4,661 per ton in 2020, increasing by 31% against the previous year.

This report provides an in-depth analysis of the screwdriver 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 25733063 - Screwdrivers

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024