Price for Sailboards for Water Sport in Sri Lanka - 2021
Contents:
- Price for Sailboards for Water Sport in Sri Lanka (FOB) - 2022
- Price for Sailboards for Water Sport in Sri Lanka (CIF) - 2022
- Exports of Sailboards for Water Sport in Sri Lanka
- Imports of Sailboards for Water Sport in Sri Lanka
Price for Sailboards for Water Sport in Sri Lanka (FOB) - 2022
The average sailboards for water sport export price stood at $110 per unit in 2022, waning by -50.7% against the previous year. Over the period under review, the export price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 53%. Over the period under review, the average export prices hit record highs at $518 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($244 per unit), while the average price for exports to Austria ($91 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sailboards for Water Sport in Sri Lanka (CIF) - 2022
The average sailboards for water sport import price stood at $171 per unit in 2022, waning by -63.9% against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 56%. Over the period under review, average import prices attained the maximum at $750 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 the United States ($642 per unit), while the price for Singapore ($23 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+153.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Sailboards for Water Sport in Sri Lanka
In 2022, overseas shipments of sailboards for water sport decreased by -53.7% to 30K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 219%. As a result, the exports attained the peak of 66K units, and then dropped markedly in the following year.
In value terms, sailboards for water sport exports contracted significantly to $3.3M in 2022. Over the period under review, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year. As a result, the exports reached the peak of $15M, and then declined notably in the following year.
| Export of Sailboards for Water Sport in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 3,380 | 3,037 | 4,099 | 2,442 | -10.3% |
| United States | 534 | 474 | 654 | 639 | 6.2% |
| Japan | 50.7 | 74.2 | 43.8 | 142 | 41.0% |
| United Kingdom | 24.2 | 40.0 | 64.0 | N/A | 62.6% |
| Italy | 546 | 665 | 941 | N/A | 31.3% |
| Others | 6,021 | 6,155 | 8,870 | 124 | -72.6% |
| Total | 10,556 | 10,445 | 14,671 | 3,348 | -31.8% |
Top Export Markets for Sailboards for Water Sport from Sri Lanka in 2022:
- Austria (26.7K units)
- United States (2.6K units)
- Japan (0.6K units)
Imports of Sailboards for Water Sport in Sri Lanka
In 2022, imports of sailboards for water sport into Sri Lanka dropped sharply to 11 units, declining by -87.5% on 2021 figures. In general, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports reached the peak of 88 units, and then shrank sharply in the following year.
In value terms, sailboards for water sport imports dropped dramatically to $1.9K in 2022. Over the period under review, imports recorded a significant curtailment. The smallest decline of -13.7% was in 2020. Over the period under review, imports attained the maximum at $56K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Sailboards for Water Sport in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 43.2 | 40.0 | 30.9 | 1.3 | -68.9% |
| United Arab Emirates | N/A | N/A | N/A | 0.3 | 0% |
| Austria | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| China | N/A | 0.2 | 1.2 | 0.1 | -29.3% |
| Spain | N/A | N/A | N/A | 0.1 | 0% |
| Hong Kong SAR | 1.3 | N/A | N/A | N/A | 0% |
| Croatia | 0.6 | 0.5 | 0.4 | N/A | -18.4% |
| France | 1.0 | 0.7 | 0.4 | N/A | -36.8% |
| Indonesia | 0.9 | 1.0 | 0.8 | N/A | -5.7% |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| Others | 8.5 | 5.5 | 7.8 | N/A | -4.2% |
| Total | 55.7 | 48.1 | 41.5 | 1.9 | -67.6% |
Top Suppliers of Sailboards for Water Sport to Sri Lanka in 2022:
- United Arab Emirates (3.0 units)
- Singapore (2.0 units)
- United States (2.0 units)
- Austria (2.0 units)
- China (1.0 units)
- Spain (1.0 units)
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