Sri Lanka - Jute And Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Jute and Jute-Like Fibers in Sri Lanka - 2021
Contents:
- Price for Jute and Jute-Like Fibers in Sri Lanka (CIF) - 2022
- Price for Jute and Jute-Like Fibers in Sri Lanka (FOB) - 2022
- Imports of Jute and Jute-Like Fibers in Sri Lanka
- Exports of Jute and Jute-Like Fibers in Sri Lanka
Price for Jute and Jute-Like Fibers in Sri Lanka (CIF) - 2022
In 2022, the average jute and jute-like fibers import price amounted to $893 per ton, declining by -5.1% against the previous year. Overall, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 47% against the previous year. The import price peaked at $1,996 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($936 per ton), while the price for Bangladesh amounted to $892 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (-4.2%).
Price for Jute and Jute-Like Fibers in Sri Lanka (FOB) - 2022
The average jute and jute-like fibers export price stood at $1,105 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price posted a resilient expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 198% against the previous year. Over the period under review, the average export prices hit record highs at $2,491 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,211 per ton), while the average price for exports to Hong Kong SAR ($859 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 South Africa (+18.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Jute and Jute-Like Fibers in Sri Lanka
In 2022, approx. 219 tons of jute and jute-like fibers were imported into Sri Lanka; with an increase of 21% on the year before. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 144% against the previous year. As a result, imports attained the peak of 257 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, jute and jute-like fibers imports expanded markedly to $196K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 83%. As a result, imports reached the peak of $221K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Jute and Jute-Like Fibers in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 109 | 218 | 161 | 185 | 19.3% |
| China | 10.4 | 2.8 | 8.6 | 10.8 | 1.3% |
| Others | 0.4 | 0.1 | 0.7 | 0.2 | -20.6% |
| Total | 120 | 221 | 170 | 196 | 17.8% |
Top Suppliers of Jute and Jute-Like Fibers to Sri Lanka in 2022:
- Bangladesh (206.8 tons)
- China (11.5 tons)
Exports of Jute and Jute-Like Fibers in Sri Lanka
In 2022, overseas shipments of jute and jute-like fibers decreased by -19.6% to 120 tons, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 311%. As a result, the exports reached the peak of 240 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, jute and jute-like fibers exports declined notably to $132K in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 246% against the previous year. As a result, the exports reached the peak of $253K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Jute and Jute-Like Fibers in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.7 | 27.5 | 70.4 | 97.7 | 80.2% |
| Hong Kong SAR | N/A | 57.3 | N/A | 31.8 | -25.5% |
| Maldives | 0.8 | 1.1 | 2.3 | 2.2 | 40.1% |
| Tanzania | 47.8 | 62.6 | N/A | N/A | 31.0% |
| South Africa | N/A | 67.5 | 45.2 | N/A | -33.0% |
| Italy | N/A | N/A | 44.7 | N/A | 0% |
| Australia | N/A | 13.5 | N/A | N/A | 0% |
| Pakistan | N/A | 22.3 | N/A | N/A | 0% |
| Others | 7.8 | 1.6 | 0.6 | 0.7 | -55.2% |
| Total | 73.1 | 253 | 163 | 132 | 21.8% |
Top Export Markets for Jute and Jute-Like Fibers from Sri Lanka in 2022:
- United States (80.7 tons)
- Hong Kong SAR (37.0 tons)
- Maldives (2.0 tons)
This report provides an in-depth analysis of the market for jute and jute-like fibers 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 780 - Jute
- FCL 782 - Jute-like fibres
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for jute and jute-like fibers in Sri Lanka.
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This report provides an in-depth analysis of the global market for jute and jute-like fibers.
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This report provides an in-depth analysis of the market for jute and jute-like fibers in Sri Lanka.
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This report provides an in-depth analysis of the global market for jute and jute-like fibers.
873
Bangladesh dominates jute exports structure, reaching 229K tons, which was near 79% of total exports in 2018.
1376
In value terms, jute and other textile bast fibers imports amounted to $X in 2016. Overall, it indicated a significant growth from 2007 to 2016: the total imports value decreased at an average annu...
3246
In value terms, yarn of jute imports totaled $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the l...
603
In value terms, jute and other textile bast fibers exports amounted to $X in 2016. Overall, jute and other textile bast fibers exports continue to indicate a relatively flat trend pattern. Over the...
980
In value terms, yarn of jute exports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over t...
3084
Global jute consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
1608
In 2015, the countries with the highest levels of jute production were India (X thousand tons), Bangladesh (X thousand tons), China (X thousand tons), together accounting for X% of total output.
2219
The United Republic of Tanzania dominates in the global jute trade. In 2014, the United Republic of Tanzania exported X thousand tons of jute totaling X million USD, X% over the previous year. Its primary trading partner was China, where it suppli
1390
Global primary fiber crops consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
2842
Global primary fiber crops exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
