Sri Lanka: Semiconductor Thyristor Market 2025

Semiconductor Thyristor Market Size in Sri Lanka

The Sri Lankan semiconductor thyristor market stood at $X in 2022, rising by 2% 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). Over the period under review, consumption, however, posted a strong increase. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Semiconductor Thyristor Exports

Exports from Sri Lanka

In 2022, overseas shipments of semiconductor thyristors, diacs and triacs decreased by -58.8% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2021 with an increase of 1,798% against the previous year. As a result, the exports reached the peak of X units, and then shrank dramatically in the following year.

In value terms, semiconductor thyristor exports fell sharply to $X in 2022. Overall, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 627%. As a result, the exports reached the peak of $X, and then fell significantly in the following year.

Exports by Country

China (X units) was the main destination for semiconductor thyristor exports from Sri Lanka, with a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China stood at +17.7%.

In value terms, China ($X) also remains the key foreign market for semiconductor thyristors, diacs and triacs exports from Sri Lanka.

From 2012 to 2022, the average annual growth rate of value to China totaled +6.1%.

Export Prices by Country

In 2022, the average semiconductor thyristor export price amounted to $X per unit, growing by 38% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -9.8% per year.

Semiconductor Thyristor Imports

Imports into Sri Lanka

After two years of growth, overseas purchases of semiconductor thyristors, diacs and triacs decreased by -25.3% to X units in 2022. Over the period under review, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 326%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, semiconductor thyristor imports expanded significantly to $X in 2022. In general, imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2014 when imports increased by 280% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Spain (X units) and Thailand (X units) were the main suppliers of semiconductor thyristor imports to Sri Lanka, together comprising 73% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +235.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest semiconductor thyristor suppliers to Sri Lanka were China ($X), Spain ($X) and Thailand ($X), with a combined 64% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of +232.3%, saw the highest rates of growth with regard to 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 semiconductor thyristor import price stood at $X per unit in 2022, rising by 50% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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