Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Sri Lanka - 2022

Contents:

1. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Sri Lanka (CIF) - 2022
2. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Sri Lanka (FOB) - 2022
3. Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Sri Lanka
4. Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Sri Lanka

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Sri Lanka (CIF) - 2022

In 2022, the average import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $2.8 per square meter, dropping by -3.7% against the previous year. In general, the import price saw a slight downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 13% against the previous year. Over the period under review, average import prices hit record highs at $3.3 per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($8.7 per square meter), while the price for China ($2.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Sri Lanka (FOB) - 2022

In 2022, the average export price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $5.4 per square meter, falling by -32.6% against the previous year. In general, the export price, however, saw prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 126% against the previous year. Over the period under review, the average export prices hit record highs at $8 per square meter in 2021, and then reduced sharply in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($5.3 per square meter), while the average price for exports to India amounted to $5.1 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+57.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Sri Lanka

In 2022, approx. 8.7M square meters of textile fabrics; impregnated, coated, covered or laminated with polyurethanes were imported into Sri Lanka; increasing by 3.8% against the previous year's figure. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 21%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes reduced slightly to $24M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of $24M, leveling off in the following year.

Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane to Sri Lanka in 2022:

1. China (7.8M square meters)
2. South Korea (0.4M square meters)
3. Taiwan (Chinese) (0.3M square meters)

Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Sri Lanka

In 2022, shipments abroad of textile fabrics; impregnated, coated, covered or laminated with polyurethanes increased by 812% to 85K square meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes surged to $459K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane from Sri Lanka in 2022:

1. China (59.7K square meters)
2. India (23.1K square meters)
3. Indonesia (0.2K square meters)

Source: IndexBox Market Intelligence Platform