Sri Lanka - Activated Carbon - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sri Lanka - Activated Carbon - Market Analysis, Forecast, Size, Trends And Insights

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Activated Carbon Price in Sri Lanka - 2021

Contents:

  1. Activated Carbon Price in Sri Lanka (FOB) - 2022
  2. Activated Carbon Price in Sri Lanka (CIF) - 2022
  3. Activated Carbon Exports in Sri Lanka
  4. Activated Carbon Imports in Sri Lanka

Activated Carbon Price in Sri Lanka (FOB) - 2022

In 2022, the average activated carbon export price amounted to $2,985 per ton, surging by 4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2018 an increase of 36%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($4,131 per ton), while the average price for exports to Japan ($2,042 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 China (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Activated Carbon Price in Sri Lanka (CIF) - 2022

In 2022, the average activated carbon import price amounted to $2,425 per ton, increasing by 29% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, activated carbon import price increased by +35.0% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 41% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,241 per ton), while the price for Australia ($1,477 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Activated Carbon Exports in Sri Lanka

For the fourth year in a row, Sri Lanka recorded growth in shipments abroad of activated carbon, which increased by 2.4% to 56K tons in 2022. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 13% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, activated carbon exports expanded rapidly to $167M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.4% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 33%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Activated Carbon in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States31.034.247.664.727.8%
China17.617.721.724.511.7%
Germany6.55.47.48.38.5%
Estonia3.34.82.96.122.7%
South Korea4.05.98.36.014.5%
Japan4.34.87.25.15.9%
United Kingdom2.95.38.04.919.1%
Netherlands0.91.51.94.773.5%
South Africa1.01.43.03.856.0%
Italy1.62.52.13.631.0%
Australia0.50.52.33.591.3%
Turkey5.34.07.63.3-14.6%
Taiwan (Chinese)3.02.63.12.9-1.1%
Others23.226.132.125.12.7%
Total10511715516716.7%

Top Export Markets for Activated Carbon from Sri Lanka in 2022:

  1. United States (22.0K tons)
  2. China (5.9K tons)
  3. Germany (2.6K tons)
  4. Japan (2.5K tons)
  5. South Africa (1.8K tons)
  6. United Kingdom (1.8K tons)
  7. Estonia (1.7K tons)
  8. South Korea (1.6K tons)
  9. Netherlands (1.4K tons)
  10. Italy (1.4K tons)
  11. Turkey (1.3K tons)
  12. Australia (1.3K tons)
  13. Taiwan (Chinese) (1.2K tons)

Activated Carbon Imports in Sri Lanka

In 2022, approx. 16K tons of activated carbon were imported into Sri Lanka; dropping by -36.3% compared with the year before. Over the period under review, imports saw a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of 60%. As a result, imports attained the peak of 26K tons, and then dropped remarkably in the following year.

In value terms, activated carbon imports dropped remarkably to $40M in 2022. In general, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 82% against the previous year. As a result, imports attained the peak of $49M, and then declined markedly in the following year.

Import of Activated Carbon in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India12.613.825.526.828.6%
Philippines8.78.717.28.80.4%
China1.00.50.82.026.0%
Vietnam1.20.21.71.57.7%
Australia1.81.71.70.5-34.8%
Indonesia1.81.51.40.2-51.9%
Others0.40.40.30.1-37.0%
Total27.626.848.639.913.1%

Top Suppliers of Activated Carbon to Sri Lanka in 2022:

  1. India (10.9K tons)
  2. Philippines (3.8K tons)
  3. Vietnam (0.7K tons)
  4. China (0.6K tons)
  5. Australia (0.3K tons)
  6. Indonesia (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the activated carbon market 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 20595400 - Activated carbon

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Activated Carbon - Sri Lanka