Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Sri Lanka - 2021

Contents:

  1. Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Sri Lanka (CIF) - 2022
  2. Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Sri Lanka (FOB) - 2022
  3. Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Sri Lanka
  4. Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Sri Lanka

Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Sri Lanka (CIF) - 2022

The average import price for cyclic hydrocarbons; mixed xylene isomerses stood at $1,415 per ton in 2022, increasing by 47% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cyclic hydrocarbons; mixed xylene isomers import price increased by +75.0% against 2020 indices. Over the period under review, average import prices attained the maximum at $1,442 per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,867 per ton), while the price for South Korea ($828 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Sri Lanka (FOB) - 2022

In 2022, the average export price for cyclic hydrocarbons; mixed xylene isomerses amounted to $554 per ton, shrinking by -83.3% against the previous year. Overall, the export price continues to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2016 an increase of 13% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,383 per ton in 2013; however, from 2014 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 Bangladesh.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -4.9% per year.

Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Sri Lanka

Cyclic hydrocarbons; mixed xylene isomers imports into Sri Lanka dropped rapidly to 534 tons in 2022, with a decrease of -76.7% on the previous year's figure. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 187%. As a result, imports reached the peak of 2.3K tons, and then reduced markedly in the following year.

In value terms, cyclic hydrocarbons; mixed xylene isomers imports contracted rapidly to $755K in 2022. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 241%. As a result, imports attained the peak of $2.2M, and then fell remarkably in the following year.

Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand10872.91,07443459.0%
Taiwan (Chinese)1051512821101.6%
Singapore20111172.799.9-20.8%
South Korea17716313862.9-29.2%
India69.028.520745.4-13.0%
United Arab Emirates89.924.058.4N/A-19.4%
Portugal80.328.9179N/A49.3%
Others80.166.41922.7-67.7%
Total9116452,202755-6.1%

Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to Sri Lanka in 2022:

  1. Thailand (247.2 tons)
  2. Singapore (118.1 tons)
  3. South Korea (76.0 tons)
  4. Taiwan (Chinese) (67.4 tons)
  5. India (24.3 tons)

Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Sri Lanka

In 2022, approx. 7.8 tons of cyclic hydrocarbons; mixed xylene isomerses were exported from Sri Lanka; jumping by 690% against the previous year. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cyclic hydrocarbons; mixed xylene isomers exports surged to $4.3K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.2% 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 +73.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cyclic Hydrocarbons; Mixed Xylene Isomers in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BangladeshN/AN/AN/A4.30%
Maldives2.52.93.3N/A14.9%
OthersN/AN/AN/AN/A0%
Total2.52.93.34.319.8%

Top Export Markets for Cyclic Hydrocarbons; Mixed Xylene Isomers from Sri Lanka in 2022:

  1. Bangladesh (7.8 tons)
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