Report Update Nov 1, 2024

Sri Lanka - Wheeled Loaders, Crawler Shovel Loaders, Front-End Loaders - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Wheeled Loader Market 2024

Wheeled Loader Market Size in Sri Lanka

In 2021, the Sri Lankan wheeled loader market increased by 136% to $X, rising for the second consecutive year after three years of decline. In general, consumption enjoyed a moderate expansion. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Wheeled Loader Exports

Exports from Sri Lanka

In 2021, after two years of growth, there was significant decline in overseas shipments of wheeled loaders, crawler shovel loaders, front-end loaders, when their volume decreased by -66.7% to X units. In general, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2014 with an increase of 200% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, wheeled loader exports reduced sharply to $X in 2021. Overall, exports faced a precipitous descent. The growth pace was the most rapid in 2014 when exports increased by 480% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X units) and Japan (X units) were the main destinations of wheeled loader exports from Sri Lanka.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uganda (with a CAGR of 0.0%).

In value terms, China ($X) remains the key foreign market for wheeled loaders, crawler shovel loaders, front-end loaders exports from Sri Lanka, comprising 48% of total exports. The second position in the ranking was held by Japan ($X), with a 19% share of total exports. It was followed by Uganda, with a 17% share.

From 2012 to 2021, the average annual growth rate of value to China amounted to +15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-35.3% per year) and Uganda (-11.9% per year).

Export Prices by Country

In 2021, the average wheeled loader export price amounted to $X per unit, shrinking by -42% against the previous year. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 96%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Maldives ($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 China (+32.5%), while the prices for the other major destinations experienced a decline.

Wheeled Loader Imports

Imports into Sri Lanka

In 2021, overseas purchases of wheeled loaders, crawler shovel loaders, front-end loaders increased by 150% to X units, rising for the second year in a row after two years of decline. Overall, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wheeled loader imports soared to $X in 2021. Over the period under review, imports, however, recorded a mild descent. The pace of growth appeared the most rapid in 2020 with an increase of 125%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

Japan (X units), the UK (X units) and China (X units) were the main suppliers of wheeled loader imports to Sri Lanka, together accounting for 72% of total imports. These countries were followed by India, the Czech Republic and Spain, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +68.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wheeled loader suppliers to Sri Lanka were the UK ($X), China ($X) and India ($X), together accounting for 65% of total imports. Japan, the Czech Republic, Ethiopia, Spain and Oman lagged somewhat behind, together accounting for a further 18%.

Among the main suppliers, Ethiopia, with a CAGR of +40.6%, saw the highest growth rate of 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 wheeled loader import price amounted to $X per unit, dropping by -18.3% against the previous year. In general, the import price saw a abrupt shrinkage. The growth pace was the most rapid in 2018 an increase of 31% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheeled loaders, crawler shovel loaders, front-end loaders in the world?

The countries with the highest volumes of wheeled loader consumption in 2021 were China, the United States and India, with a combined 39% share of global consumption. South Africa, Japan, Brazil, Poland, Italy, Turkey, Canada, Spain, France and Thailand lagged somewhat behind, together accounting for a further 38%.

What are the largest producers of wheeled loaders, crawler shovel loaders, front-end loaders in the world?

The countries with the highest volumes of wheeled loader production in 2021 were China, the United States and Japan, together accounting for 52% of global production. These countries were followed by India, Brazil, the UK, Italy, South Korea, Turkey, France, Germany, Austria and the Czech Republic, which together accounted for a further 37%.

What are the leading suppliers of wheeled loaders, crawler shovel loaders, front-end loaders to Sri Lanka?

In value terms, Japan and India constituted the largest wheeled loader suppliers to Sri Lanka.

What are the leading importers of wheeled loaders, crawler shovel loaders, front-end loaders from Sri Lanka?

In value terms, the largest markets for wheeled loader exported from Sri Lanka were Japan, Uganda and Maldives, with a combined 98% share of total exports.

What is the average export price for wheeled loaders, crawler shovel loaders, front-end loaders in Sri Lanka?

The average wheeled loader export price stood at $45,874 per unit in 2021, dropping by -2.2% against the previous year.

What is the average import price for wheeled loaders, crawler shovel loaders, front-end loaders in Sri Lanka?

The average wheeled loader import price stood at $61,023 per unit in 2021, with a decrease of -4.6% against the previous year.

This report provides an in-depth analysis of the wheeled loader 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 28922550 - Wheeled loaders, crawler shovel loaders, front-end loaders

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