Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Sri Lanka - 2022
Contents:
- Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Sri Lanka (CIF) - 2022
- Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Sri Lanka (FOB) - 2022
- Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Sri Lanka
- Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Sri Lanka
Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Sri Lanka (CIF) - 2022
The average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $16,037 per ton in 2022, rising by 267% against the previous year. In general, the import price saw a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Sweden.
From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +17.7% per year.
Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Sri Lanka (FOB) - 2022
In 2022, the average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $51,619 per ton, increasing by 21% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The growth pace was the most rapid in 2019 when the average export price increased by 87%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +30.3% per year.
Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Sri Lanka
In 2022, approx. 1.9 tons of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses were imported into Sri Lanka; shrinking by -81.4% compared with the previous year's figure. Overall, imports recorded a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 167% against the previous year. As a result, imports attained the peak of 9.9 tons, and then reduced remarkably in the following year.
In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses contracted remarkably to $30K in 2022. In general, imports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports attained the peak of $43K, and then dropped sharply in the following year.
| Import of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 7.9 | 7.2 | 11.2 | 29.7 | 55.5% |
| China | 9.2 | 1.2 | 9.9 | N/A | 3.7% |
| Germany | 3.2 | 4.5 | 4.8 | N/A | 22.5% |
| United Kingdom | 1.9 | 1.3 | 1.4 | N/A | -14.2% |
| India | 6.0 | 2.1 | 5.8 | N/A | -1.7% |
| Others | 4.7 | 10.3 | 10.3 | N/A | 48.0% |
| Total | 32.9 | 26.6 | 43.4 | 29.7 | -3.4% |
Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Sri Lanka in 2022:
- Sweden (1.9 tons)
Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Sri Lanka
In 2022, after three years of growth, there was decline in overseas shipments of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses, when their volume decreased by -3.4% to 84 kg. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 554% against the previous year.
In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses skyrocketed to $4.3K in 2022. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 696% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 0.2 | 1.6 | 2.4 | 4.3 | 178.1% |
| Singapore | 0.1 | 0.4 | 0.3 | N/A | 73.2% |
| Others | N/A | N/A | 1.0 | N/A | 0% |
| Total | 0.2 | 2.0 | 3.7 | 4.3 | 178.1% |
Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Sri Lanka in 2022:
- Maldives (84.0 kg)
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This report provides an in-depth analysis of the fireworks market in Sri Lanka.
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This report provides an in-depth analysis of the pyrotechnic articles market in Sri Lanka.
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This report provides an in-depth analysis of the global fireworks market.
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This report provides an in-depth analysis of the global pyrotechnic articles market.
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In value terms, signalling, safety and traffic control equipment imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the ...
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In value terms, signalling, safety and traffic control equipment exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; t...
1632
In value terms, fireworks, signalling flares, rain rockets imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the tr...
818
In value terms, fireworks, signalling flares, rain rockets exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value decreased at an average ...
1048
In value terms, signalling, safety and traffic control equipment imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the ...
1042
In value terms, signalling, safety and traffic control equipment exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; t...
