Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Sri Lanka - 2022
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Sri Lanka (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Sri Lanka (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Sri Lanka
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Sri Lanka
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Sri Lanka (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $9,991 per ton, with an increase of 43% against the previous year. In general, the import price, however, showed a mild downturn. The import price peaked at $11,601 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 Singapore ($23,194 per ton), while the price for China ($3,092 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.1%), while the prices for the other major suppliers experienced a decline.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Sri Lanka (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $5,079 per ton, reducing by -5% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 94%. Over the period under review, the average export prices attained the maximum at $9,769 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($8,226 per ton), while the average price for exports to Myanmar ($3,154 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 Jordan (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Sri Lanka
In 2022, the amount of wadding; other articles thereof, of man-made fibreses imported into Sri Lanka fell modestly to 261 tons, with a decrease of -2.2% compared with the previous year's figure. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 16%.
In value terms, imports of wadding; other articles thereof, of man-made fibreses soared to $2.6M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 96.3 | 856 | 1,011 | 1,965 | 173.3% |
| China | 907 | 522 | 664 | 515 | -17.2% |
| Others | 595 | 156 | 183 | 127 | -40.2% |
| Total | 1,598 | 1,534 | 1,858 | 2,607 | 17.7% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Sri Lanka in 2022:
- China (166.4 tons)
- Singapore (84.7 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Sri Lanka
In 2022, approx. 22 tons of wadding; other articles thereof, of man-made fibreses were exported from Sri Lanka; increasing by 79% on the year before. Overall, exports recorded buoyant growth.
In value terms, exports of wadding; other articles thereof, of man-made fibreses skyrocketed to $113K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | N/A | N/A | N/A | 47.4 | 0% |
| Myanmar | 16.5 | 61.3 | 36.5 | 37.9 | 31.9% |
| Philippines | N/A | N/A | 4.7 | 18.6 | 295.7% |
| India | 1.5 | 1.3 | 2.9 | 8.9 | 81.0% |
| United Arab Emirates | N/A | N/A | 10.9 | 0.1 | -99.1% |
| Jordan | 46.2 | 6.7 | 6.1 | N/A | -63.7% |
| Montenegro | 7.2 | N/A | N/A | N/A | 0% |
| Others | 6.2 | 6.5 | 5.1 | 0.1 | -74.7% |
| Total | 77.6 | 75.8 | 66.2 | 113 | 13.3% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Sri Lanka in 2022:
- Myanmar (12.0 tons)
- Pakistan (6.2 tons)
- Philippines (2.3 tons)
- India (1.7 tons)
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