Sri Lanka - Aromatic Alcohols And Their Derivatives - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sri Lanka - Aromatic Alcohols And Their Derivatives - Market Analysis, Forecast, Size, Trends And Insights

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Aromatic Alcohols Price in Sri Lanka - 2021

Contents:

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

Aromatic Alcohols Price in Sri Lanka (CIF) - 2022

The average aromatic alcohols import price stood at $4,900 per ton in 2022, increasing by 44% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $5,434 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($6,793 per ton), while the price for the United Arab Emirates ($860 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.7%), while the prices for the other major suppliers experienced a decline.

Aromatic Alcohols Price in Sri Lanka (FOB) - 2022

The average aromatic alcohols export price stood at $6,299 per ton in 2022, approximately mirroring the previous year. Overall, the export price saw a precipitous shrinkage. The growth pace was the most rapid in 2019 an increase of 28%. The export price peaked at $71,279 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -35.8% per year.

Aromatic Alcohols Imports in Sri Lanka

In 2022, overseas purchases of aromatic alcohols and their derivatives decreased by -28% to 48 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, imports attained the peak of 115 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, aromatic alcohols imports expanded modestly to $237K in 2022. Over the period under review, imports showed a perceptible downturn. The growth pace was the most rapid in 2020 with an increase of 5.6% against the previous year. As a result, imports attained the peak of $281K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Aromatic Alcohols in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India14850.451.5116-7.8%
Germany75.414367.010311.0%
Italy5.441.829.06.98.5%
China8.29.03.73.3-26.2%
United Arab Emirates7.312.44.3N/A-23.3%
Singapore14.918.35.3N/A-40.4%
Others7.36.867.18.44.8%
Total266281228237-3.8%

Top Suppliers of Aromatic Alcohols to Sri Lanka in 2022:

  1. United Arab Emirates (undefined tons)
  2. Germany (28.1 tons)
  3. India (17.5 tons)
  4. China (1.3 tons)
  5. Italy (1.0 tons)

Aromatic Alcohols Exports in Sri Lanka

In 2022, after two years of decline, there was decline in overseas shipments of aromatic alcohols and their derivatives, when their volume decreased by 0% to 16 kg. Overall, exports saw a precipitous contraction. The smallest decline of 99.9% was in 2020.

In value terms, aromatic alcohols exports stood at $100 in 2022. In general, exports showed a dramatic slump. The smallest decline of 99.9% was in 2020.

Export of Aromatic Alcohols in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MaldivesN/AN/AN/A0.10%
Bangladesh0.6N/AN/AN/A0%
United Arab Emirates16.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total16.8N/AN/A0.1-81.9%

Top Export Markets for Aromatic Alcohols from Sri Lanka in 2022:

  1. Maldives (16.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aromatic alcohols 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 20142375 - Aromatic alcohols and their halogenated, sulphonated, n itrated or nitrosated derivatives

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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