Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sri Lanka - 2022

Contents:

  1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sri Lanka (CIF) - 2022
  2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sri Lanka (FOB) - 2022
  3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sri Lanka
  4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sri Lanka

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sri Lanka (CIF) - 2022

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $8,233 per ton in 2022, jumping by 24% against the previous year. In general, the import price, however, saw a abrupt contraction. The import price peaked at $16,383 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($16,694 per ton), while the price for Germany ($6,692 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-4.3%), while the prices for the other major suppliers experienced a decline.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sri Lanka (FOB) - 2022

The average export price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $9,485 per ton in 2022, jumping by 716% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($13,810 per ton), while the average price for exports to Bangladesh totaled $9,309 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+67.8%).

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sri Lanka

For the third consecutive year, Sri Lanka recorded decline in supplies from abroad of polymers, natural; alginic acid, its salts and esters, in primary formses, which decreased by -9.4% to 14 tons in 2022. Over the period under review, imports faced a precipitous slump.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses rose notably to $112K in 2022. Overall, imports recorded a sharp reduction.

Import of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.74.98.590.397.6%
Germany65.535.333.013.4-41.1%
TurkeyN/AN/AN/A8.30%
Thailand7.23.41.6N/A-52.9%
United Kingdom13983.951.0N/A-39.4%
Others4.77.46.20.2-65.1%
Total228135100112-21.1%

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Sri Lanka in 2022:

  1. China (11.1 tons)
  2. Germany (2.0 tons)
  3. Turkey (0.5 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sri Lanka

Exports of polymers, natural; alginic acid, its salts and esters, in primary formses from Sri Lanka skyrocketed to 2.7 tons in 2022, rising by 964% against 2021 figures. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses skyrocketed to $26K in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh0.30.30.324.1331.5%
IndiaN/AN/AN/A1.40%
OthersN/AN/AN/AN/A0%
Total0.30.30.325.5339.7%

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Sri Lanka in 2022:

  1. Bangladesh (2.6 tons)
  2. India (0.1 tons)

Source: IndexBox Market Intelligence Platform

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