Cyclic Hydrocarbons; M-Xylene Price in Sri Lanka - 2021
Contents:
- Cyclic Hydrocarbons; M-Xylene Price in Sri Lanka (CIF) - 2022
- Cyclic Hydrocarbons; M-Xylene Imports in Sri Lanka
Cyclic Hydrocarbons; M-Xylene Price in Sri Lanka (CIF) - 2022
In 2022, the average cyclic hydrocarbons; m-xylene import price amounted to $1,635 per ton, rising by 19% against the previous year. Over the period under review, the import price saw a modest expansion. The pace of growth appeared the most rapid in 2021 an increase of 88%. The import price peaked at $1,667 per ton in 2013; however, from 2014 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 Singapore ($2,174 per ton), while the price for the United Arab Emirates ($781 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.0%).
Cyclic Hydrocarbons; M-Xylene Imports in Sri Lanka
For the fourth consecutive year, Sri Lanka recorded growth in supplies from abroad of cyclic hydrocarbons; m-xylenes, which increased by 41% to 59 tons in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 99.9% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, cyclic hydrocarbons; m-xylene imports surged to $96K in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 220% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Cyclic Hydrocarbons; M-Xylene in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 8.8 | 4.8 | 56.6 | 60.9 | 90.6% |
| Taiwan (Chinese) | N/A | N/A | N/A | 33.5 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 1.4 | 0% |
| Japan | N/A | 12.8 | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
| Total | 8.9 | 17.8 | 56.8 | 95.8 | 120.8% |
Top Suppliers of Cyclic Hydrocarbons; M-Xylene to Sri Lanka in 2022:
- Taiwan (Chinese) (28.8 tons)
- Singapore (28.0 tons)
- United Arab Emirates (1.8 tons)
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