Price for Artwork; Collages and Similar Decorative Plaques in Sri Lanka - 2022

Contents:

  1. Price for Artwork; Collages and Similar Decorative Plaques in Sri Lanka (FOB) - 2022
  2. Price for Artwork; Collages and Similar Decorative Plaques in Sri Lanka (CIF) - 2022
  3. Exports of Artwork; Collages and Similar Decorative Plaques in Sri Lanka
  4. Imports of Artwork; Collages and Similar Decorative Plaques in Sri Lanka

Price for Artwork; Collages and Similar Decorative Plaques in Sri Lanka (FOB) - 2022

In 2022, the average export price for artwork; collages and similar decorative plaqueses amounted to $20,274 per ton, remaining stable against the previous year. In general, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2020 when the average export price increased by 109% against the previous year. The export price peaked at $56,872 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($22,130 per ton), while the average price for exports to Denmark ($4,203 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 India (+42.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Artwork; Collages and Similar Decorative Plaques in Sri Lanka (CIF) - 2022

In 2022, the average import price for artwork; collages and similar decorative plaqueses amounted to $21,822 per ton, falling by -60.5% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2015 an increase of 90%. The import price peaked at $55,208 per ton in 2021, and then dropped notably in the following year.

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 Arab Emirates ($87,133 per ton), while the price for India ($8,987 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+33.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Artwork; Collages and Similar Decorative Plaques in Sri Lanka

In 2022, after two years of decline, there was significant growth in overseas shipments of artwork; collages and similar decorative plaqueses, when their volume increased by 746% to 1.6 tons. In general, exports recorded a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of artwork; collages and similar decorative plaqueses surged to $32K in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Artwork; Collages and Similar Decorative Plaques in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.10.40.129.9568.7%
Canada0.9N/AN/A0.5-17.8%
United States0.12.20.10.571.0%
Denmark0.20.4N/A0.314.5%
South Korea0.40.50.1N/A-50.0%
Japan0.10.1N/AN/A0.0%
United Kingdom0.60.20.1N/A-59.2%
India0.120.22.1N/A358.3%
Oman0.9N/AN/AN/A0%
South Africa0.40.60.1N/A-50.0%
Qatar6.32.00.5N/A-71.8%
Turkey0.10.1N/AN/A0.0%
Others5.44.10.70.4-58.0%
Total15.530.83.831.626.8%

Top Export Markets for Artwork; Collages and Similar Decorative Plaques from Sri Lanka in 2022:

  1. United Arab Emirates (1349.0 kg)
  2. Denmark (79.0 kg)
  3. United States (60.0 kg)
  4. Canada (43.0 kg)

Imports of Artwork; Collages and Similar Decorative Plaques in Sri Lanka

After two years of decline, overseas purchases of artwork; collages and similar decorative plaqueses increased by 397% to 884 kg in 2022. Over the period under review, imports, however, faced a precipitous shrinkage.

In value terms, imports of artwork; collages and similar decorative plaqueses surged to $19K in 2022. Overall, imports, however, saw a sharp reduction.

Import of Artwork; Collages and Similar Decorative Plaques in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1.90.2N/A8.061.5%
China3.10.80.33.43.1%
United Arab Emirates9.01.12.82.6-33.9%
India5.50.40.22.1-27.5%
United Kingdom4.90.10.41.2-37.4%
Switzerland22.02.10.60.5-71.7%
Hong Kong SAR67.50.2N/AN/A-99.7%
Mozambique4.2N/AN/AN/A0%
Bangladesh0.2N/AN/AN/A0%
Others41.65.35.41.4-67.7%
Total16010.29.819.3-50.6%

Top Suppliers of Artwork; Collages and Similar Decorative Plaques to Sri Lanka in 2022:

  1. China (304.0 kg)
  2. India (235.0 kg)
  3. Vietnam (202.0 kg)
  4. United Kingdom (49.0 kg)
  5. Switzerland (33.0 kg)
  6. United Arab Emirates (30.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Artwork; collages and similar decorative plaques - Sri Lanka