Price for Lustres; Liquid Lustres and Similar Preparations in Sri Lanka - 2022
Contents:
- Price for Lustres; Liquid Lustres and Similar Preparations in Sri Lanka (CIF) - 2022
- Price for Lustres; Liquid Lustres and Similar Preparations in Sri Lanka (FOB) - 2022
- Imports of Lustres; Liquid Lustres and Similar Preparations in Sri Lanka
- Exports of Lustres; Liquid Lustres and Similar Preparations in Sri Lanka
Price for Lustres; Liquid Lustres and Similar Preparations in Sri Lanka (CIF) - 2022
The average import price for lustres; liquid lustres and similar preparationses stood at $118,485 per ton in 2022, shrinking by -6.7% against the previous year. Overall, the import price saw a deep contraction. The growth pace was the most rapid in 2019 an increase of 73% against the previous year. The import price peaked at $237,904 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Italy ($117,967 per ton), while the price for India ($78,568 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.4%), while the prices for the other major suppliers experienced a decline.
Price for Lustres; Liquid Lustres and Similar Preparations in Sri Lanka (FOB) - 2022
The average export price for lustres; liquid lustres and similar preparationses stood at $105,333 per ton in 2022, rising by 1.7% against the previous year. Overall, the export price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2017 an increase of 275% against the previous year. The export price peaked at $164,533 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($129,000 per ton), while the average price for exports to Maldives ($1,000 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 Turkey (-4.0%), while the prices for the other major destinations experienced a decline.
Imports of Lustres; Liquid Lustres and Similar Preparations in Sri Lanka
In 2022, the amount of lustres; liquid lustres and similar preparationses imported into Sri Lanka contracted to 34 tons, falling by -6.8% compared with 2021 figures. In general, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 93%. As a result, imports attained the peak of 36 tons, and then shrank in the following year.
In value terms, imports of lustres; liquid lustres and similar preparationses declined to $4M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 87%. As a result, imports attained the peak of $4.6M, and then declined in the following year.
| Import of Lustres; Liquid Lustres and Similar Preparations in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,739 | 1,106 | 2,234 | 2,255 | 9.0% |
| Turkey | 299 | 680 | 1,162 | 1,048 | 51.9% |
| Spain | 5.5 | 4.6 | 177 | 372 | 307.4% |
| India | 11.1 | 31.5 | 66.7 | 104 | 110.8% |
| Italy | 268 | 199 | 318 | 95.7 | -29.1% |
| Germany | 607 | 63.9 | 17.3 | N/A | -83.1% |
| Others | 438 | 369 | 615 | 116 | -35.8% |
| Total | 3,367 | 2,453 | 4,590 | 3,991 | 5.8% |
Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Sri Lanka in 2022:
- Japan (19.1 tons)
- Turkey (8.9 tons)
- Spain (3.2 tons)
- India (1.3 tons)
- Italy (0.8 tons)
Exports of Lustres; Liquid Lustres and Similar Preparations in Sri Lanka
In 2022, approx. 42 kg of lustres; liquid lustres and similar preparationses were exported from Sri Lanka; falling by -49.4% compared with 2021. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,086% against the previous year. As a result, the exports reached the peak of 83 kg, and then plummeted in the following year.
In value terms, exports of lustres; liquid lustres and similar preparationses fell dramatically to $4.4K in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 3,271% against the previous year. As a result, the exports reached the peak of $8.6K, and then dropped significantly in the following year.
| Export of Lustres; Liquid Lustres and Similar Preparations in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.8 | 0.2 | 8.3 | 4.2 | 73.8% |
| Hong Kong SAR | 0.1 | N/A | 0.3 | 0.1 | 0.0% |
| Spain | N/A | N/A | N/A | 0.1 | 0% |
| Italy | 0.1 | N/A | N/A | N/A | 0% |
| Maldives | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.9 | 0.3 | 8.6 | 4.4 | 69.7% |
Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Sri Lanka in 2022:
- Turkey (39.0 kg)
- Maldives (1.0 kg)
- Spain (1.0 kg)
- Hong Kong SAR (1.0 kg)
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