Sri Lanka: Transport Container Market 2025

Transport Container Market Size in Sri Lanka

The Sri Lankan transport container market reduced sharply to $X in 2022, declining by -95.1% against the previous year. Over the period under review, consumption faced a precipitous slump. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Transport Container Production in Sri Lanka

In value terms, transport container production declined slightly to $X in 2022 estimated in export price. Over the period under review, production saw a remarkable increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 75%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Transport Container Exports

Exports from Sri Lanka

In 2022, transport container exports from Sri Lanka soared to X units, increasing by 19,615% on the year before. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, transport container exports surged to $X in 2022. In general, exports saw a modest expansion. The growth pace was the most rapid in 2017 with an increase of 107% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X units) was the main destination for transport container exports from Sri Lanka, accounting for a 99% share of total exports. It was followed by Maldives (X units), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Indonesia totaled +273.5%.

In value terms, Indonesia ($X) emerged as the key foreign market for transport containers exports from Sri Lanka, comprising 75% of total exports. The second position in the ranking was held by Maldives ($X), with a 4.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Indonesia stood at +84.4%.

Export Prices by Country

In 2022, the average transport container export price amounted to $X per unit, falling by -99.4% against the previous year. In general, the export price recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 281%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($X per unit), while the average price for exports to Indonesia stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+11.8%).

Transport Container Imports

Imports into Sri Lanka

In 2022, supplies from abroad of transport containers increased by 114% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports saw a noticeable increase. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, transport container imports surged to $X in 2022. Overall, imports showed a perceptible increase. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of transport container to Sri Lanka, accounting for a 76% share of total imports. Moreover, transport container imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X units), sixfold. Canada (X units) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +54.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+24.8% per year) and Canada (+39.0% per year).

In value terms, China ($X) constituted the largest supplier of transport containers to Sri Lanka, comprising 81% of total imports. The second position in the ranking was held by Canada ($X), with an 8.6% share of total imports. It was followed by Singapore, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +57.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+45.7% per year) and Singapore (+11.8% per year).

Import Prices by Country

In 2022, the average transport container import price amounted to $X per unit, growing by 35% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, transport container import price increased by +119.9% against 2015 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 53% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :