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Sri Lanka - Compound Plasticisers For Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCompound Plasticisers Price in Sri Lanka - 2021
Contents:
- Compound Plasticisers Price in Sri Lanka (CIF) - 2022
- Compound Plasticisers Price in Sri Lanka (FOB) - 2022
- Compound Plasticisers Imports in Sri Lanka
- Compound Plasticisers Exports in Sri Lanka
Compound Plasticisers Price in Sri Lanka (CIF) - 2022
In 2022, the average compound plasticisers import price amounted to $1,836 per ton, waning by -16% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, compound plasticisers import price increased by +6.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs at $2,679 per ton in 2018; however, from 2019 to 2022, 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 ($4,924 per ton), while the price for Vietnam ($418 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Compound Plasticisers Price in Sri Lanka (FOB) - 2022
In 2022, the average compound plasticisers export price amounted to $642 per ton, declining by -8.7% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 a decrease of -3.3%. Over the period under review, the average export prices hit record highs at $2,361 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 external markets. In 2022, amid the top suppliers, the country with the highest price was India ($812 per ton), while the average price for exports to the United Arab Emirates amounted to $53 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-13.9%).
Compound Plasticisers Imports in Sri Lanka
In 2022, supplies from abroad of compound plasticisers for rubber or plastics was finally on the rise to reach 589 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a perceptible setback.
In value terms, compound plasticisers imports dropped modestly to $1.1M in 2022. Over the period under review, imports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 8.3% against the previous year.
Import of Compound Plasticisers in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 293 | 62.9 | 256 | 283 | -1.2% |
India | 422 | 269 | 183 | 202 | -21.8% |
Germany | 150 | 132 | 167 | 185 | 7.2% |
Malaysia | 283 | 171 | 136 | 150 | -19.1% |
Thailand | 51.7 | 59.7 | 57.9 | 63.9 | 7.3% |
South Korea | 91.1 | 125 | 52.2 | 57.6 | -14.2% |
Taiwan (Chinese) | 21.5 | 91.0 | 28.3 | 31.3 | 13.3% |
Vietnam | 52.9 | 24.1 | 25.5 | 28.2 | -18.9% |
Others | 166 | 104 | 219 | 81.5 | -21.1% |
Total | 1,530 | 1,039 | 1,125 | 1,082 | -10.9% |
Top Suppliers of Compound Plasticisers to Sri Lanka in 2022:
- India (149.9 tons)
- Germany (84.9 tons)
- Malaysia (77.9 tons)
- Vietnam (67.4 tons)
- South Korea (61.6 tons)
- China (57.5 tons)
- Thailand (31.5 tons)
- Taiwan (Chinese) (28.6 tons)
Compound Plasticisers Exports in Sri Lanka
For the fourth year in a row, Sri Lanka recorded growth in shipments abroad of compound plasticisers for rubber or plastics, which increased by 8.1% to 24 tons in 2022. The total export volume increased at an average annual rate of +13.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 21%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, compound plasticisers exports shrank modestly to $15K in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 2.7% against the previous year. As a result, the exports reached the peak of $15K, and then fell modestly in the following year.
Export of Compound Plasticisers in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 14.2 | 14.3 | 15.0 | 14.9 | 1.6% |
United Arab Emirates | 0.4 | 0.6 | 0.3 | 0.3 | -9.1% |
Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
Total | 14.6 | 15.0 | 15.4 | 15.2 | 1.4% |
Top Export Markets for Compound Plasticisers from Sri Lanka in 2022:
- India (18.3 tons)
- United Arab Emirates (5.3 tons)
This report provides an in-depth analysis of the compound plasticisers 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 20595640 - Compound plasticisers for rubber or plastics
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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