Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Sri Lanka - 2022

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Sri Lanka (CIF) - 2022
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Sri Lanka (FOB) - 2022
  3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Sri Lanka
  4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Sri Lanka

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Sri Lanka (CIF) - 2022

In 2022, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $1,871 per ton, surging by 12% against the previous year. Overall, the import price, however, recorded a deep reduction. The pace of growth was the most pronounced in 2016 an increase of 40% against the previous year. As a result, import price attained the peak level of $4,616 per ton. From 2017 to 2022, the average import prices remained 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 Italy ($4,723 per ton), while the price for Turkey ($684 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Sri Lanka (FOB) - 2022

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $2,560 per ton in 2022, with a decrease of -12.5% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 39% against the previous year. Over the period under review, the average export prices attained the maximum at $3,012 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($2,593 per ton), while the average price for exports to Germany amounted to $2,513 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Sri Lanka

In 2022, the amount of felt; whether or not impregnated, coated, covered or laminateds imported into Sri Lanka declined dramatically to 407 tons, with a decrease of -58% compared with the previous year. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 74%. As a result, imports reached the peak of 968 tons, and then contracted significantly in the following year.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds declined remarkably to $761K in 2022. Over the period under review, imports, however, continue to indicate tangible growth. The pace of growth appeared the most rapid in 2021 when imports increased by 113%. As a result, imports reached the peak of $1.6M, and then declined markedly in the following year.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China38138074454212.5%
India16.724.415810282.8%
Malaysia18.236.517826.713.6%
Turkey6.710.016.09.512.3%
Others25030651680.4-31.5%
Total6737561,6137614.2%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Sri Lanka in 2022:

  1. China (342.7 tons)
  2. India (33.7 tons)
  3. Turkey (13.9 tons)
  4. Malaysia (8.5 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Sri Lanka

For the third consecutive year, Sri Lanka recorded decline in overseas shipments of felt; whether or not impregnated, coated, covered or laminateds, which decreased by -95.2% to 10 tons in 2022. In general, exports showed a precipitous decrease. The smallest decline of -31.7% was in 2020.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds reduced remarkably to $26K in 2022. Over the period under review, exports showed a dramatic decrease. The smallest decline of -17.1% was in 2021.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands51.921.616.121.3-25.7%
Germany1.12762354.964.5%
New Zealand943250141N/A-61.3%
Switzerland58.514.035.2N/A-22.4%
Austria14338.545.2N/A-43.8%
United Kingdom52.117.330.8N/A-23.1%
India49.021.531.3N/A-20.1%
Oman11034.223.4N/A-53.9%
Italy73.751.835.1N/A-31.0%
Others10835.737.90.2-87.7%
Total1,59076163126.3-74.5%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Sri Lanka in 2022:

  1. Netherlands (8.2 tons)
  2. Germany (1.9 tons)

Source: IndexBox Market Intelligence Platform

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