Price for Braids; in the Piece in Sri Lanka - 2021

Contents:

  1. Price for Braids; in the Piece in Sri Lanka (FOB) - 2022
  2. Price for Braids; in the Piece in Sri Lanka (CIF) - 2022
  3. Exports of Braids; in the Piece in Sri Lanka
  4. Imports of Braids; in the Piece in Sri Lanka

Price for Braids; in the Piece in Sri Lanka (FOB) - 2022

In 2022, the average braids; in the piece export price amounted to $8,706 per ton, with a decrease of -62.5% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 109%. The export price peaked at $23,239 per ton in 2021, and then dropped notably in the following year.

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 Bangladesh ($22,106 per ton), while the average price for exports to India amounted to $5,582 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+32.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Braids; in the Piece in Sri Lanka (CIF) - 2022

In 2022, the average braids; in the piece import price amounted to $6,582 per ton, falling by -24.5% against the previous year. Over the period under review, the import price saw a slight setback. The growth pace was the most rapid in 2013 an increase of 26% against the previous year. As a result, import price reached the peak level of $10,044 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($4,722 per ton), while the price for India amounted to $3,633 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.6%), while the prices for the other major suppliers experienced a decline.

Exports of Braids; in the Piece in Sri Lanka

In 2022, approx. 630 kg of braids; in the pieces were exported from Sri Lanka; falling by -80.6% compared with 2021 figures. In general, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 476%. As a result, the exports attained the peak of 3.3 tons, and then reduced markedly in the following year.

In value terms, braids; in the piece exports contracted dramatically to $5.5K in 2022. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 564% against the previous year. As a result, the exports reached the peak of $76K, and then shrank rapidly in the following year.

Export of Braids; in the Piece in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A2.80%
BangladeshN/AN/AN/A2.60%
Vietnam4.59.833.7N/A173.7%
AustraliaN/A1.6N/AN/A0%
United KingdomN/AN/A4.1N/A0%
Myanmar1.2N/AN/AN/A0%
Maldives1.3N/AN/AN/A0%
Others0.3N/A37.8N/A1022.5%
Total7.311.475.65.5-9.0%

Top Export Markets for Braids; in the Piece from Sri Lanka in 2022:

  1. India (510.0 kg)
  2. Bangladesh (119.0 kg)

Imports of Braids; in the Piece in Sri Lanka

In 2022, braids; in the piece imports into Sri Lanka reduced dramatically to 13 tons, waning by -93.2% against 2021 figures. In general, imports recorded a sharp reduction. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year.

In value terms, braids; in the piece imports shrank notably to $84K in 2022. Overall, imports saw a precipitous curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 33% against the previous year.

Import of Braids; in the Piece in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3771,0181,49556.6-65.5%
India65.550.059.41.5-71.6%
Taiwan (Chinese)18772.611.6N/A-75.1%
Others76.392.475.026.1-30.1%
Total1,7061,2331,64184.2-63.3%

Top Suppliers of Braids; in the Piece to Sri Lanka in 2022:

  1. China (12.0 tons)
  2. India (0.4 tons)

Source: IndexBox Market Intelligence Platform

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