Sri Lanka: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in Sri Lanka

In 2022, the Sri Lankan plastic self-adhesive plate market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Plastic Self-Adhesive Plate Exports

Exports from Sri Lanka

In 2022, approx. X tons of plastic self-adhesive plates, sheets and other flat shapes were exported from Sri Lanka; waning by X% on the previous year. Over the period under review, exports showed a pronounced descent. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic self-adhesive plate exports declined markedly to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Ethiopia (X tons), Maldives (X tons) and Kenya (X tons) were the main destinations of plastic self-adhesive plate exports from Sri Lanka, together comprising X% of total exports. India, Bangladesh, Jordan, Indonesia, Egypt, Haiti, the Dominican Republic, Cambodia and Myanmar lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Jordan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Ethiopia ($X), Kenya ($X) and India ($X) constituted the largest markets for plastic self-adhesive plate exported from Sri Lanka worldwide, together comprising X% of total exports. Maldives, Cambodia, Bangladesh, Egypt, Jordan, Indonesia, the Dominican Republic, Myanmar and Haiti lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the Dominican Republic, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic self-adhesive plate export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic self-adhesive plate export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average 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 Cambodia ($X per ton), while the average price for exports to Maldives ($X 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 Dominican Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Self-Adhesive Plate Imports

Imports into Sri Lanka

In 2022, purchases abroad of plastic self-adhesive plates, sheets and other flat shapes decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, plastic self-adhesive plate imports stood at $X in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest plastic self-adhesive plate supplier to Sri Lanka, with a X% share of total imports. Moreover, plastic self-adhesive plate imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), eightfold. India (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of plastic self-adhesive plates, sheets and other flat shapes to Sri Lanka, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the average plastic self-adhesive plate import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Hong Kong SAR ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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