Sri Lanka - Cotton Lint - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCotton Lint Price in Sri Lanka - 2021
Contents:
- Cotton Lint Price in Sri Lanka (CIF) - 2022
- Cotton Lint Price in Sri Lanka (FOB) - 2022
- Cotton Lint Imports in Sri Lanka
- Cotton Lint Exports in Sri Lanka
Cotton Lint Price in Sri Lanka (CIF) - 2022
The average cotton lint import price stood at $2,477 per ton in 2022, jumping by 41% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($3,000 per ton), while the price for India ($1,863 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Cotton Lint Price in Sri Lanka (FOB) - 2022
The average cotton lint export price stood at $874 per ton in 2022, waning by -58.9% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by 11% against the previous year. As a result, the export price attained the peak level of $2,519 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +42.2% per year.
Cotton Lint Imports in Sri Lanka
In 2022, approx. 93 tons of cotton lint were imported into Sri Lanka; with a decrease of -96.1% compared with the previous year's figure. Overall, imports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 1,259% against the previous year. As a result, imports attained the peak of 2.4K tons, and then contracted dramatically in the following year.
In value terms, cotton lint imports fell remarkably to $232K in 2022. In general, imports saw a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 1,191%. As a result, imports reached the peak of $4.2M, and then contracted dramatically in the following year.
| Import of Cotton Lint in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 42.9 | 66.8 | 299 | 177 | 60.4% |
| China | 5.8 | 5.9 | 2.1 | 30.1 | 73.1% |
| India | N/A | 4.0 | 2.4 | 24.4 | 147.0% |
| Cote d'Ivoire | 549 | 184 | N/A | N/A | -66.5% |
| Cameroon | N/A | N/A | 3,695 | N/A | 0% |
| Malaysia | 42.5 | N/A | N/A | N/A | 0% |
| Australia | 11.6 | 14.2 | 42.5 | N/A | 91.4% |
| Others | 63.0 | 52.6 | 185 | N/A | 71.4% |
| Total | 714 | 327 | 4,226 | 232 | -31.3% |
Top Suppliers of Cotton Lint to Sri Lanka in 2022:
- Pakistan (68.9 tons)
- India (13.1 tons)
- China (11.5 tons)
Cotton Lint Exports in Sri Lanka
After three years of growth, overseas shipments of cotton lint decreased by -95.9% to 8.2 tons in 2022. Over the period under review, exports faced a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports reached the peak of 199 tons, and then shrank notably in the following year.
In value terms, cotton lint exports dropped dramatically to $7.2K in 2022. Overall, exports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 5.8% against the previous year. As a result, the exports reached the peak of $424K, and then declined rapidly in the following year.
| Export of Cotton Lint in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 10.2 | 5.7 | 3.1 | 7.2 | -11.0% |
| Bangladesh | 335 | 350 | 354 | N/A | 2.8% |
| Others | 33.5 | 44.9 | 66.5 | N/A | 40.9% |
| Total | 379 | 401 | 424 | 7.2 | -73.3% |
Top Export Markets for Cotton Lint from Sri Lanka in 2022:
- India (8.2 tons)
This report provides an in-depth analysis of the cotton lint 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:
- FCL 767 - Cotton Lint
- FCL 328 - [Seed Cotton]
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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