Price for Antiques; of an Age Exceeding One Hundred Years in Sri Lanka - 2022

Contents:

1. Price for Antiques; of an Age Exceeding One Hundred Years in Sri Lanka (FOB) - 2022
2. Price for Antiques; of an Age Exceeding One Hundred Years in Sri Lanka (CIF) - 2022
3. Exports of Antiques; of an Age Exceeding One Hundred Years in Sri Lanka
4. Imports of Antiques; of an Age Exceeding One Hundred Years in Sri Lanka

Price for Antiques; of an Age Exceeding One Hundred Years in Sri Lanka (FOB) - 2022

In 2022, the average export price for antiques; of an age exceeding one hundred yearses amounted to $222,159 per ton, surging by 81% against the previous year. In general, the export price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of 113% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,970,722 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Ireland ($460,029 per ton), while the average price for exports to the UK ($100,889 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.9%), while the prices for the other major destinations experienced a decline.

Price for Antiques; of an Age Exceeding One Hundred Years in Sri Lanka (CIF) - 2022

The average import price for antiques; of an age exceeding one hundred yearses stood at $227,000 per ton in 2022, waning by -45.7% against the previous year. Overall, the import price, however, showed resilient growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 65% against the previous year. Over the period under review, average import prices reached the maximum at $574,700 per ton 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 France ($351,000 per ton), while the price for India ($9,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+332.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Antiques; of an Age Exceeding One Hundred Years in Sri Lanka

In 2022, exports of antiques; of an age exceeding one hundred yearses from Sri Lanka soared to 2.6 tons, jumping by 176% compared with the previous year. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of antiques; of an age exceeding one hundred yearses contracted dramatically to $546K in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 18%.

Top Export Markets for Antiques; of an Age Exceeding One Hundred Years from Sri Lanka in 2022:

1. United States (1633.0 kg)
2. United Kingdom (548.0 kg)
3. Austria (293.0 kg)
4. Ireland (136.0 kg)

Imports of Antiques; of an Age Exceeding One Hundred Years in Sri Lanka

For the third year in a row, Sri Lanka recorded decline in supplies from abroad of antiques; of an age exceeding one hundred yearses, which decreased by -16.7% to 5 kg in 2022. Over the period under review, imports showed a precipitous curtailment.

In value terms, imports of antiques; of an age exceeding one hundred yearses fell notably to $453 in 2022. Overall, imports recorded a sharp descent. The smallest decline of -28.7% was in 2020.

Top Suppliers of Antiques; of an Age Exceeding One Hundred Years to Sri Lanka in 2022:

1. United States (1.0 kg)
2. India (1.0 kg)
3. Germany (1.0 kg)
4. United Kingdom (1.0 kg)
5. France (1.0 kg)

Source: IndexBox Market Intelligence Platform