Sri Lanka - Phenols And Other Oils And Oil Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Phenols and Other Oils and Oil Products in Sri Lanka - 2022
Contents:
- Price for Phenols and Other Oils and Oil Products in Sri Lanka (CIF) - 2022
- Price for Phenols and Other Oils and Oil Products in Sri Lanka (FOB) - 2022
- Imports of Phenols and Other Oils and Oil Products in Sri Lanka
- Exports of Phenols and Other Oils and Oil Products in Sri Lanka
Price for Phenols and Other Oils and Oil Products in Sri Lanka (CIF) - 2022
In 2022, the average import price for phenols and other oils and oil products amounted to $1,187 per ton, surging by 15% against the previous year. In general, import price indicated noticeable growth 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, import price for phenols and other oils and oil products increased by +60.2% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 40%. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($2,067 per ton), while the price for the United Arab Emirates ($766 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phenols and Other Oils and Oil Products in Sri Lanka (FOB) - 2022
The average export price for phenols and other oils and oil products stood at $1,494 per ton in 2022, reducing by -13.1% against the previous year. In general, the export price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 100% against the previous year. The export price peaked at $1,719 per ton in 2021, and then declined in the following year.
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 Maldives ($1,728 per ton), while the average price for exports to France ($227 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 the Netherlands (+11.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Phenols and Other Oils and Oil Products in Sri Lanka
In 2022, approx. 3.7K tons of phenols and other oils and oil products were imported into Sri Lanka; which is down by -39.4% compared with the previous year's figure. In general, imports showed a dramatic contraction. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year.
In value terms, imports of phenols and other oils and oil products declined remarkably to $4.4M in 2022. Over the period under review, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 77% against the previous year. As a result, imports attained the peak of $6.4M, and then dropped rapidly in the following year.
| Import of Phenols and Other Oils and Oil Products in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,843 | 1,049 | 1,330 | 1,613 | -4.3% |
| United Arab Emirates | 1,024 | 493 | 1,217 | 1,252 | 6.9% |
| Belgium | 257 | 193 | 651 | 634 | 35.1% |
| Oman | N/A | N/A | N/A | 463 | 0% |
| Thailand | 1,095 | 639 | 461 | 184 | -44.8% |
| Sweden | 4.6 | 1.2 | 1.3 | 162 | 227.8% |
| Singapore | 1,169 | 606 | 1,857 | 60.4 | -62.8% |
| United Kingdom | 405 | 368 | 381 | N/A | -3.0% |
| Others | 438 | 255 | 482 | 63.2 | -47.5% |
| Total | 6,236 | 3,605 | 6,379 | 4,431 | -10.8% |
Top Suppliers of Phenols and Other Oils and Oil Products to Sri Lanka in 2022:
- United Arab Emirates (1635.7 tons)
- India (976.6 tons)
- Oman (499.9 tons)
- Belgium (364.9 tons)
- Thailand (93.8 tons)
- Sweden (78.5 tons)
- Singapore (51.5 tons)
Exports of Phenols and Other Oils and Oil Products in Sri Lanka
In 2022, approx. 2.1 tons of phenols and other oils and oil products were exported from Sri Lanka; with an increase of 12% compared with the year before. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 627% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of phenols and other oils and oil products declined to $3.2K in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 663% against the previous year. As a result, the exports reached the peak of $3.2K, and then fell slightly in the following year.
| Export of Phenols and Other Oils and Oil Products in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 1.0 | 0.4 | 1.5 | 2.4 | 33.9% |
| Netherlands | N/A | N/A | 1.7 | 0.3 | -82.4% |
| France | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.4 | 0% |
| Total | 1.0 | 0.4 | 3.3 | 3.2 | 47.4% |
Top Export Markets for Phenols and Other Oils and Oil Products from Sri Lanka in 2022:
- Maldives (1395.0 kg)
- Netherlands (219.0 kg)
- France (216.0 kg)
This report provides an in-depth analysis of the market for phenols and other oils and oil products 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 20147360 - Phenols
- Prodcom 20147390 - Other oils and oil products, 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.
-
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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