Report Update: Apr 1, 2024

Sri Lanka - Plates, Sheets, Film, Foil and Strip of Non-Cellular Polyethylene - Market Analysis, Forecast, Size, Trends and Insights

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Non-Cellular Polyethylene Film Price in Sri Lanka - 2021

Non-Cellular Polyethylene Film Price in Sri Lanka (CIF) - 2022

The average non-cellular polyethylene film import price stood at $2,958 per ton in 2022, jumping by 26% against the previous year. Overall, the import price, however, saw a mild slump. The import price peaked at $3,392 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($6,310 per ton), while the price for Thailand ($1,143 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.2%), while the prices for the other major suppliers experienced a decline.

Non-Cellular Polyethylene Film Price in Sri Lanka (FOB) - 2022

In 2022, the average non-cellular polyethylene film export price amounted to $2,486 per ton, falling by -12.3% against the previous year. Overall, the export price saw a perceptible decline. The pace of growth appeared the most rapid in 2019 an increase of 28%. Over the period under review, the average export prices attained the maximum at $3,592 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.7% per year.

Non-Cellular Polyethylene Film Imports in Sri Lanka

In 2022, supplies from abroad of non-cellular polyethylene films, sheets, foil and strip decreased by -16.9% to 4.7K tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 48%. As a result, imports attained the peak of 5.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, non-cellular polyethylene film imports expanded modestly to $14M in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Non-Cellular Polyethylene Film in Sri Lanka (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2.5	5.2	3.7	3.8	15.0%
India	3.1	3.1	2.7	3.7	6.1%
Singapore	1.6	1.4	2.3	2.4	14.5%
Malaysia	1.2	1.1	1.2	0.9	-9.1%
Israel	0.1	0.2	0.5	0.8	100.0%
United Arab Emirates	0.1	0.1	0.1	0.2	26.0%
Thailand	0.1	0.1	0.1	0.1	0.0%
Indonesia	0.2	0.1	0.1	N/A	-29.3%
Others	1.9	1.7	2.4	2.0	1.7%
Total	10.8	13.0	13.3	13.9	8.8%

Top Suppliers of Non-Cellular Polyethylene Film to Sri Lanka in 2022:

China (1678.3 tons)
India (1540.5 tons)
Malaysia (424.4 tons)
Singapore (376.6 tons)
Israel (224.2 tons)
United Arab Emirates (129.5 tons)
Thailand (71.3 tons)
Indonesia (3.5 tons)

Non-Cellular Polyethylene Film Exports in Sri Lanka

Non-cellular polyethylene film exports from Sri Lanka fell markedly to 1.2K tons in 2022, with a decrease of -15.4% against 2021. The total export volume increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, the exports attained the peak of 1.4K tons, and then fell rapidly in the following year.

In value terms, non-cellular polyethylene film exports fell dramatically to $2.9M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 71% against the previous year. As a result, the exports attained the peak of $4M, and then shrank remarkably in the following year.

Export of Non-Cellular Polyethylene Film in Sri Lanka (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	2.2	2.1	3.4	2.9	9.6%
Bangladesh	0.1	0.1	0.1	N/A	0.0%
Tunisia	0.1	N/A	N/A	N/A	0%
Others	0.2	0.2	0.4	0.1	-20.6%
Total	2.5	2.3	4.0	2.9	5.1%

Top Export Markets for Non-Cellular Polyethylene Film from Sri Lanka in 2022:

United States (1153.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-cellular polyethylene film 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 22213010 - Other plates..., of polymers of ethylene, not reinforced, t hickness . 0,125 mm
Prodcom 22213017 - Other plates..., of polymers of ethylene, not reinforced, etc., t hickness > 0,125 mm

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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