Sri Lanka - Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sri Lanka - Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Woven Glass Fibre Articles in Sri Lanka - 2021

Contents:

  1. Price for Non-Woven Glass Fibre Articles in Sri Lanka (CIF) - 2022
  2. Price for Non-Woven Glass Fibre Articles in Sri Lanka (FOB) - 2022
  3. Imports of Non-Woven Glass Fibre Articles in Sri Lanka
  4. Exports of Non-Woven Glass Fibre Articles in Sri Lanka

Price for Non-Woven Glass Fibre Articles in Sri Lanka (CIF) - 2022

In 2022, the average non-woven glass fibre articles import price amounted to $2,477 per ton, jumping by 39% against the previous year. Overall, the import price showed a buoyant expansion. The pace of growth was the most pronounced in 2016 an increase of 45% against the previous year. Over the period under review, average import prices attained the maximum at $2,793 per ton in 2018; however, from 2019 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 Austria ($7,711 per ton), while the price for China amounted to $1,862 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.5%).

Price for Non-Woven Glass Fibre Articles in Sri Lanka (FOB) - 2022

In 2022, the average non-woven glass fibre articles export price amounted to $2,160 per ton, which is down by -17.4% against the previous year. Over the period under review, the export price saw a abrupt downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by 11%. Over the period under review, the average export prices attained the maximum at $4,504 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($3,940 per ton), while the average price for exports to the United Arab Emirates ($303 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 Ethiopia (+61.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Woven Glass Fibre Articles in Sri Lanka

Non-woven glass fibre articles imports into Sri Lanka contracted markedly to 197 tons in 2022, declining by -72.2% compared with 2021. Over the period under review, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 268% against the previous year.

In value terms, non-woven glass fibre articles imports reduced dramatically to $489K in 2022. In general, imports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 168%.

Import of Non-Woven Glass Fibre Articles in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,525200542342-39.2%
AustriaN/AN/AN/A57.80%
India21627.01588.8-65.6%
Spain19464.025.9N/A-63.5%
Malaysia11015.353.1N/A-30.5%
Kuwait13558.7108N/A-10.6%
Turkey1208.432.8N/A-47.7%
Others41410035080.3-42.1%
Total2,7164741,270489-43.5%

Top Suppliers of Non-Woven Glass Fibre Articles to Sri Lanka in 2022:

  1. China (183.6 tons)
  2. Austria (7.5 tons)
  3. India (1.8 tons)

Exports of Non-Woven Glass Fibre Articles in Sri Lanka

In 2022, shipments abroad of non-woven glass fibre webs, felts, mattresses and boards decreased by -43.3% to 2.3 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year. As a result, the exports attained the peak of 4 tons, and then dropped sharply in the following year.

In value terms, non-woven glass fibre articles exports fell significantly to $4.9K in 2022. Overall, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 3.5%. As a result, the exports attained the peak of $11K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Non-Woven Glass Fibre Articles in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives0.31.91.04.2141.0%
United Arab EmiratesN/AN/AN/A0.30%
Canada5.73.43.90.2-67.3%
GermanyN/AN/A0.1N/A0%
United States0.30.40.3N/A0.0%
Bangladesh3.64.75.0N/A17.9%
Others0.30.20.20.1-30.7%
Total10.310.610.54.9-21.9%

Top Export Markets for Non-Woven Glass Fibre Articles from Sri Lanka in 2022:

  1. United Arab Emirates (1132.0 kg)
  2. Maldives (1065.0 kg)
  3. Canada (80.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-woven glass fibre articles 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 23141250 - Non-woven glass fibre webs, felts, mattresses and boards

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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