Sri Lanka - Other Synthetic Organic Colouring Matters - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sri Lanka - Other Synthetic Organic Colouring Matters - Market Analysis, Forecast, Size, Trends And Insights

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Price for Synthetic Organic Colouring Matters in Sri Lanka - 2021

Contents:

  1. Price for Synthetic Organic Colouring Matters in Sri Lanka (CIF) - 2022
  2. Price for Synthetic Organic Colouring Matters in Sri Lanka (FOB) - 2022
  3. Imports of Synthetic Organic Colouring Matters in Sri Lanka
  4. Exports of Synthetic Organic Colouring Matters in Sri Lanka

Price for Synthetic Organic Colouring Matters in Sri Lanka (CIF) - 2022

The average synthetic organic colouring matters import price stood at $8,563 per ton in 2022, increasing by 18% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, synthetic organic colouring matters import price increased by +222.6% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 149%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Hong Kong SAR ($21,050 per ton), while the price for Vietnam ($4,177 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Synthetic Organic Colouring Matters in Sri Lanka (FOB) - 2022

In 2022, the average synthetic organic colouring matters export price amounted to $9,163 per ton, picking up by 16% against the previous year. Overall, the export price recorded a prominent increase. The growth pace was the most rapid in 2019 an increase of 28% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($11,050 per ton), while the average price for exports to Saudi Arabia ($1,720 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 Saudi Arabia (+45.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Synthetic Organic Colouring Matters in Sri Lanka

In 2022, the amount of other synthetic organic colouring matters imported into Sri Lanka contracted markedly to 3.4K tons, waning by -19.2% on 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of 4.2K tons, and then dropped sharply in the following year.

In value terms, synthetic organic colouring matters imports dropped to $29M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 33%. As a result, imports reached the peak of $30M, and then fell modestly in the following year.

Import of Synthetic Organic Colouring Matters in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India6.36.411.011.923.6%
China6.87.08.25.7-5.7%
Italy1.21.72.22.120.5%
United Kingdom1.01.11.31.821.6%
South Korea0.40.50.91.762.0%
Turkey0.50.20.20.921.6%
Thailand0.70.51.00.70.0%
Taiwan (Chinese)0.90.80.80.5-17.8%
Vietnam0.10.20.20.571.0%
Singapore0.70.50.70.4-17.0%
Malaysia0.30.50.50.30.0%
Others4.03.33.32.3-16.8%
Total22.722.830.328.88.3%

Top Suppliers of Synthetic Organic Colouring Matters to Sri Lanka in 2022:

  1. India (1479.6 tons)
  2. China (537.0 tons)
  3. Italy (286.0 tons)
  4. South Korea (264.0 tons)
  5. United Kingdom (230.4 tons)
  6. Vietnam (126.2 tons)
  7. Turkey (125.6 tons)
  8. Thailand (64.4 tons)
  9. Taiwan (Chinese) (35.1 tons)
  10. Singapore (32.3 tons)
  11. Malaysia (19.7 tons)

Exports of Synthetic Organic Colouring Matters in Sri Lanka

In 2022, approx. 468 tons of other synthetic organic colouring matters were exported from Sri Lanka; picking up by 63% against the previous year. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 227%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, synthetic organic colouring matters exports soared to $4.3M in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 288%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Synthetic Organic Colouring Matters in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh1728201,4943,022160.0%
India11528947771383.7%
Pakistan10.941.3205321208.8%
United Kingdom1.0N/AN/A111380.6%
Saudi ArabiaN/AN/A6.357.9819.0%
Others11.753.787.663.575.7%
Total3101,2042,2704,289140.1%

Top Export Markets for Synthetic Organic Colouring Matters from Sri Lanka in 2022:

  1. Bangladesh (310.6 tons)
  2. India (64.6 tons)
  3. Pakistan (41.6 tons)
  4. Saudi Arabia (33.7 tons)
  5. United Kingdom (11.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for synthetic organic colouring matters 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 20122150 - Other synthetic organic colouring matters

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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