Sri Lanka - Festive Or Carnival Articles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFestive Articles Price in Sri Lanka - 2021
Contents:
- Festive Articles Price in Sri Lanka (FOB) - 2022
- Festive Articles Price in Sri Lanka (CIF) - 2022
- Festive Articles Exports in Sri Lanka
- Festive Articles Imports in Sri Lanka
Festive Articles Price in Sri Lanka (FOB) - 2022
The average festive articles export price stood at $15,624 per ton in 2022, surging by 9.6% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, festive articles export price increased by +98.6% against 2018 indices. The growth pace was the most rapid in 2013 when the average export price increased by 57%. Over the period under review, the average export prices reached the peak figure at $16,471 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($27,580 per ton), while the average price for exports to India ($1,785 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 France (+37.6%), while the prices for the other major destinations experienced more modest paces of growth.
Festive Articles Price in Sri Lanka (CIF) - 2022
In 2022, the average festive articles import price amounted to $5,277 per ton, falling by -11.7% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 29% against the previous year. Over the period under review, average import prices attained the maximum at $5,978 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,245 per ton), while the price for India stood at $1,662 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced a decline.
Festive Articles Exports in Sri Lanka
In 2022, approx. 65 tons of festive or carnival articles were exported from Sri Lanka; picking up by 18% against the previous year's figure. Over the period under review, exports saw notable growth. The pace of growth was the most pronounced in 2021 with an increase of 355%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, festive articles exports soared to $1M in 2022. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 345% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Festive Articles in Sri Lanka (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 333 | 65.1 | 295 | 567 | 19.4% |
United Kingdom | 16.0 | 0.1 | 301 | 298 | 165.1% |
United Arab Emirates | 1.3 | 1.1 | N/A | 42.8 | 220.5% |
Australia | 1.8 | 0.7 | 1.9 | 29.5 | 154.0% |
France | N/A | N/A | N/A | 27.2 | 0% |
Maldives | 30.9 | 11.2 | 17.5 | 25.1 | -6.7% |
Austria | 53.5 | 34.9 | 26.8 | 14.3 | -35.6% |
Japan | 67.4 | 0.5 | 0.4 | 0.5 | -80.5% |
Russia | N/A | N/A | 73.1 | N/A | 0% |
India | 13.8 | 0.3 | 0.1 | N/A | -91.5% |
Poland | 77.8 | 55.5 | N/A | N/A | -28.7% |
Ukraine | 56.3 | N/A | 43.0 | N/A | -12.6% |
Others | 28.7 | 6.8 | 25.0 | 5.5 | -42.3% |
Total | 680 | 176 | 784 | 1,010 | 14.1% |
Top Export Markets for Festive Articles from Sri Lanka in 2022:
- India (undefined tons)
- Japan (undefined tons)
- United Kingdom (28.2 tons)
- United States (20.5 tons)
- United Arab Emirates (5.2 tons)
- France (4.3 tons)
- Australia (3.4 tons)
- Maldives (1.8 tons)
- Austria (0.8 tons)
Festive Articles Imports in Sri Lanka
In 2022, after three years of growth, there was significant decline in overseas purchases of festive or carnival articles, when their volume decreased by -79.2% to 58 tons. In general, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 when imports increased by 151%.
In value terms, festive articles imports contracted sharply to $305K in 2022. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 170% against the previous year.
Import of Festive Articles in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 437 | 1,193 | 1,624 | 278 | -14.0% |
India | 8.9 | 8.4 | 5.9 | 20.2 | 31.4% |
Others | 8.2 | 22.4 | 31.3 | 6.6 | -7.0% |
Total | 454 | 1,224 | 1,661 | 305 | -12.4% |
Top Suppliers of Festive Articles to Sri Lanka in 2022:
- China (44.5 tons)
- India (12.1 tons)
This report provides an in-depth analysis of the festive articles 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 32995150 - Festive, carnival or other entertainment articles, n.e.c.
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
This report provides an in-depth analysis of the festive articles market in Sri Lanka.
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This report provides an in-depth analysis of the festive articles market in Sri Lanka.
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