Report Update Jan 1, 2025

Sri Lanka - Silencers and Exhaust Pipes - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Silencer Market 2025

Silencer Market Size in Sri Lanka

The Sri Lankan silencer market soared to $X in 2021, growing by 292% 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). In general, consumption enjoyed prominent growth. Silencer consumption peaked in 2021 and is expected to retain growth in years to come.

Silencer Exports

Exports from Sri Lanka

In 2021, after two years of growth, there was significant decline in overseas shipments of silencers and exhaust pipes, when their volume decreased by -23% to X tons. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 638%. Over the period under review, the exports reached the maximum at X tons in 2020, and then dropped remarkably in the following year.

In value terms, silencer exports dropped slightly to $X in 2021. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2018 when exports increased by 112%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for silencer exports from Sri Lanka, with a 72% share of total exports. Moreover, silencer exports to the United Arab Emirates exceeded the volume sent to the second major destination, Malaysia (X tons), fourfold. Singapore (X tons) ranked third in terms of total exports with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates totaled +5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-22.0% per year) and Singapore (+24.7% per year).

In value terms, the largest markets for silencer exported from Sri Lanka were Singapore ($X), the United Arab Emirates ($X) and Maldives ($X), with a combined 83% share of total exports.

In terms of the main countries of destination, Singapore, with a CAGR of +29.6%, saw 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

In 2021, the average silencer export price amounted to $X per ton, picking up by 24% against the previous year. In general, the export price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 404% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Maldives ($X per ton), while the average price for exports to the United Arab Emirates ($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 Maldives (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Silencer Imports

Imports into Sri Lanka

Silencer imports into Sri Lanka surged to X tons in 2021, jumping by 169% compared with the previous year. In general, imports recorded tangible growth. The growth pace was the most rapid in 2015 when imports increased by 185%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, silencer imports surged to $X in 2021. Overall, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of silencer to Sri Lanka, accounting for a 62% share of total imports. Moreover, silencer imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Pakistan (X tons) ranked third in terms of total imports with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India totaled +38.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.5% per year) and Pakistan (+40.8% per year).

In value terms, the largest silencer suppliers to Sri Lanka were India ($X), China ($X) and Pakistan ($X), with a combined 95% share of total imports.

Among the main suppliers, Pakistan, with a CAGR of +46.1%, recorded 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

In 2021, the average silencer import price amounted to $X per ton, surging by 74% against the previous year. Over the period under review, the import price recorded moderate growth. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.7%), 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 silencers and exhaust pipes in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 48% of global consumption. Japan, Germany, Brazil, Nigeria, Mexico, Poland, Spain, South Korea, the Czech Republic and Thailand lagged somewhat behind, together comprising a further 30%.

What are the largest producers of silencers and exhaust pipes in the world?

China remains the largest silencer producing country worldwide, accounting for 26% of total volume. Moreover, silencer production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.5% share.

What are the leading suppliers of silencers and exhaust pipes to Sri Lanka?

In value terms, India constituted the largest supplier of silencer to Sri Lanka.

What are the leading importers of silencers and exhaust pipes from Sri Lanka?

In value terms, Malaysia remains the key foreign market for silencer exports from Sri Lanka, comprising 88% of total exports. The second position in the ranking was occupied by India, with an 8.4% share of total exports.

What is the average export price for silencers and exhaust pipes in Sri Lanka?

In 2021, the average silencer export price amounted to $3,431 per ton, surging by 22% against the previous year.

What is the average import price for silencers and exhaust pipes in Sri Lanka?

The average silencer import price stood at $2,293 per ton in 2021, rising by 13% against the previous year.

This report provides an in-depth analysis of the silencer 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 29323063 - Silencers and exhaust pipes, parts thereof

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