Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Sri Lanka - 2022

Contents:

  1. Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Sri Lanka (FOB) - 2022
  2. Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Sri Lanka (CIF) - 2022
  3. Exports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Sri Lanka
  4. Imports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Sri Lanka

Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Sri Lanka (FOB) - 2022

In 2022, the average export price for activated carbon; activated natural mineral products; animal black, including spent animal blacks amounted to $2,986 per ton, surging by 5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2018 an increase of 37% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

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 China ($4,131 per ton), while the average price for exports to Japan ($2,042 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 China (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Sri Lanka (CIF) - 2022

In 2022, the average import price for activated carbon; activated natural mineral products; animal black, including spent animal blacks amounted to $2,243 per ton, growing by 36% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for activated carbon; activated natural mineral products; animal black, including spent animal blacks increased by +37.8% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 36%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,076 per ton), while the price for Malaysia ($512 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Sri Lanka

For the fourth year in a row, Sri Lanka recorded growth in shipments abroad of activated carbon; activated natural mineral products; animal black, including spent animal blacks, which increased by 2.4% to 56K tons in 2022. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 13%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of activated carbon; activated natural mineral products; animal black, including spent animal blacks stood at $167M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 33%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States31.334.447.864.727.4%
China17.717.821.724.511.4%
Germany6.55.57.58.38.5%
Estonia3.34.82.96.122.7%
South Korea4.06.08.46.014.5%
Japan4.34.87.35.15.9%
United Kingdom3.05.48.04.917.8%
Netherlands0.91.51.94.773.5%
South Africa1.01.43.03.856.0%
Italy1.72.52.23.628.4%
Australia0.50.52.33.591.3%
Turkey5.44.07.63.3-15.1%
Taiwan (Chinese)3.02.63.12.9-1.1%
Others22.725.531.625.13.4%
Total10511715516716.7%

Top Export Markets for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black from Sri Lanka in 2022:

  1. United States (22.0K tons)
  2. China (5.9K tons)
  3. Germany (2.6K tons)
  4. Japan (2.5K tons)
  5. South Africa (1.8K tons)
  6. United Kingdom (1.8K tons)
  7. Estonia (1.7K tons)
  8. South Korea (1.6K tons)
  9. Netherlands (1.4K tons)
  10. Italy (1.4K tons)
  11. Turkey (1.3K tons)
  12. Australia (1.3K tons)
  13. Taiwan (Chinese) (1.2K tons)

Imports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Sri Lanka

Imports of activated carbon; activated natural mineral products; animal black, including spent animal blacks into Sri Lanka shrank sharply to 18K tons in 2022, falling by -40.3% against 2021. Overall, imports continue to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 60%. As a result, imports reached the peak of 31K tons, and then dropped sharply in the following year.

In value terms, imports of activated carbon; activated natural mineral products; animal black, including spent animal blacks contracted rapidly to $41M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 78%. As a result, imports reached the peak of $50M, and then dropped notably in the following year.

Import of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India13.214.526.327.127.1%
Philippines8.78.717.18.80.4%
China1.10.50.82.022.1%
Vietnam1.30.31.71.54.9%
Australia1.81.91.70.5-34.8%
Indonesia2.11.81.90.5-38.0%
Malaysia0.10.20.30.10.0%
Others0.50.50.60.50.0%
Total28.828.450.441.012.5%

Top Suppliers of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black to Sri Lanka in 2022:

  1. India (11.8K tons)
  2. Philippines (3.8K tons)
  3. Vietnam (0.7K tons)
  4. China (0.7K tons)
  5. Indonesia (0.5K tons)
  6. Australia (0.3K tons)
  7. Malaysia (0.2K tons)

Source: IndexBox Market Intelligence Platform

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