Sri Lanka - Paper and Paperboard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Sri Lanka - Paper and Paperboard - Market Analysis, Forecast, Size, Trends and Insights

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Paper and Paperboard Price in Sri Lanka - 2021

Contents:

  1. Paper and Paperboard Price in Sri Lanka (CIF) - 2022
  2. Paper and Paperboard Price in Sri Lanka (FOB) - 2022
  3. Paper and Paperboard Imports in Sri Lanka
  4. Paper and Paperboard Exports in Sri Lanka

Paper and Paperboard Price in Sri Lanka (CIF) - 2022

The average paper and paperboard import price stood at $1,086 per ton in 2022, rising by 37% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. 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 China ($1,315 per ton), while the price for Saudi Arabia ($706 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Paper and Paperboard Price in Sri Lanka (FOB) - 2022

In 2022, the average paper and paperboard export price amounted to $900 per ton, growing by 19% against the previous year. Overall, the export price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 64% against the previous year. The export price peaked at $1,510 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($40,128 per ton), while the average price for exports to India ($535 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 Oman (+55.6%), while the prices for the other major destinations experienced more modest paces of growth.

Paper and Paperboard Imports in Sri Lanka

In 2022, the amount of paper and paperboard imported into Sri Lanka declined dramatically to 345K tons, dropping by -30.4% on the previous year. In general, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of 495K tons, and then dropped markedly in the following year.

In value terms, paper and paperboard imports dropped slightly to $374M in 2022. The total import value increased at an average annual rate of +1.7% 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 35% against the previous year. As a result, imports reached the peak of $392M, and then dropped slightly in the following year.

Import of Paper and Paperboard in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India98.483.214216318.3%
China38.826.428.142.12.8%
Indonesia33.227.525.027.1-6.5%
United States15.412.112.413.9-3.4%
Sweden11.58.98.012.52.8%
Finland2.22.66.110.870.0%
Australia8.49.114.49.74.9%
Poland3.05.35.35.925.3%
Russia8.35.97.74.2-20.3%
Thailand7.64.54.44.1-18.6%
United Arab Emirates5.83.35.43.8-13.1%
Canada8.63.52.63.5-25.9%
Saudi Arabia7.77.57.12.7-29.5%
Others10691.612471.2-12.4%
Total3552913923741.8%

Top Suppliers of Paper and Paperboard to Sri Lanka in 2022:

  1. India (182.8K tons)
  2. China (32.0K tons)
  3. Indonesia (22.9K tons)
  4. Australia (13.4K tons)
  5. United States (11.2K tons)
  6. Sweden (9.9K tons)
  7. Finland (8.4K tons)
  8. Poland (5.8K tons)
  9. Russia (4.4K tons)
  10. Canada (4.3K tons)
  11. Thailand (4.1K tons)
  12. Saudi Arabia (3.9K tons)
  13. United Arab Emirates (3.5K tons)

Paper and Paperboard Exports in Sri Lanka

Paper and paperboard exports from Sri Lanka skyrocketed to 11K tons in 2022, picking up by 62% against 2021. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 109% against the previous year. As a result, the exports reached the peak of 13K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, paper and paperboard exports skyrocketed to $10M in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Paper and Paperboard in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh1,0142,5052,3427,32093.3%
Kenya15060.611586779.5%
India37142620660317.6%
United Arab Emirates86.080.963.135860.9%
Oman2621,0312937.5-69.4%
Hong Kong SAR177284234N/A15.0%
China511475139N/A-47.8%
Others1,6991,1121,8901,016-15.8%
Total4,2705,9745,28110,17233.6%

Top Export Markets for Paper and Paperboard from Sri Lanka in 2022:

  1. Oman (undefinedK tons)
  2. Bangladesh (9.1K tons)
  3. India (1.1K tons)
  4. Kenya (0.4K tons)
  5. United Arab Emirates (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the paper and paperboard 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 1676 - Household and sanitary papers
  • FCL 1617 - Case materials
  • FCL 1618 - Cartonboard
  • FCL 1621 - Wrapping papers
  • FCL 1622 - Other papers mainly for packaging
  • FCL 1683 - Other paper and paperboard n.e.s. (not elsewhere specified)
  • FCL 1671 - Newsprint
  • FCL 1612 - Printing and writing papers, uncoated, mechanical
  • FCL 1615 - Printing and writing papers, uncoated, wood free
  • FCL 1616 - Printing and writing papers, coated

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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