Price for Poly(Lactic Acid); in Primary Forms in Sri Lanka - 2021
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Sri Lanka (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Sri Lanka (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Sri Lanka
- Exports of Poly(Lactic Acid); in Primary Forms in Sri Lanka
Price for Poly(Lactic Acid); in Primary Forms in Sri Lanka (CIF) - 2022
The average import price for poly(lactic acid); in primary formses stood at $2,825 per ton in 2022, dropping by -10.3% against the previous year. In general, the import price saw a slight decrease. The pace of growth was the most pronounced in 2019 an increase of 31% against the previous year. As a result, import price reached the peak level of $3,198 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.7% per year.
Price for Poly(Lactic Acid); in Primary Forms in Sri Lanka (FOB) - 2022
In 2021, the average export price for poly(lactic acid); in primary formses amounted to $5,652 per ton, reducing by -21% against the previous year. Over the period under review, the export price, however, posted a strong increase. The pace of growth appeared the most rapid in 2020 an increase of 36% against the previous year. As a result, the export price reached the peak level of $7,154 per ton, and then fell rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for India.
From 2015 to 2021, the rate of growth in terms of prices for Pakistan amounted to +68.4% per year.
Imports of Poly(Lactic Acid); in Primary Forms in Sri Lanka
In 2022, supplies from abroad of poly(lactic acid); in primary formses decreased by -28.2% to 58 tons, falling for the second year in a row after two years of growth. Overall, imports showed a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 1.8% against the previous year. As a result, imports reached the peak of 258 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, poly(lactic acid); in primary forms imports declined sharply to $163K in 2022. Over the period under review, imports continue to indicate a sharp descent. The smallest decline of -8.6% was in 2020.
| Import of Poly(Lactic Acid); in Primary Forms in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 359 | 141 | 37.0 | 163 | -23.1% |
| China | 448 | 598 | 215 | N/A | -30.7% |
| Others | 1.7 | 1.1 | N/A | N/A | -35.3% |
| Total | 809 | 740 | 253 | 163 | -41.4% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Sri Lanka in 2022:
- India (57.6 tons)
Exports of Poly(Lactic Acid); in Primary Forms in Sri Lanka
Poly(lactic acid); in primary forms exports from Sri Lanka skyrocketed to 296 kg in 2021, picking up by 141% compared with the year before. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms exports soared to $1.7K in 2021. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Poly(Lactic Acid); in Primary Forms in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| India | N/A | 438 | 1,673 | 282.0% | |
| Pakistan | 637 | 442 | N/A | -30.6% | |
| Others | 1.0 | N/A | N/A | 0% | |
| Total | 638 | 880 | 1,673 | 61.9% | |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Sri Lanka in 2022:
- India (296.0 kg)
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