Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Sri Lanka - 2022

Contents:

  1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Sri Lanka (CIF) - 2022
  2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Sri Lanka (FOB) - 2022
  3. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Sri Lanka
  4. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Sri Lanka

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Sri Lanka (CIF) - 2022

The average import price for tents of textile materials other than cotton or synthetic fibreses stood at $16,982 per ton in 2022, with an increase of 158% against the previous year. Overall, the import price saw a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($250,967 per ton), while the price for Singapore ($4,600 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Sri Lanka (FOB) - 2022

The average export price for tents of textile materials other than cotton or synthetic fibreses stood at $23,660 per ton in 2022, with an increase of 122% against the previous year. Over the period under review, the export price recorded a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($75,280 per ton), while the average price for exports to Seychelles ($2,860 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 Switzerland (+212.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Sri Lanka

Imports of tents of textile materials other than cotton or synthetic fibreses into Sri Lanka contracted markedly to 2.6 tons in 2022, with a decrease of -61.1% against 2021 figures. Over the period under review, imports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses amounted to $44K in 2022. The total import value increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A7.322.6209.6%
Pakistan5.011.014.510.126.4%
South Africa1.218.62.46.373.8%
China10.71.319.24.2-26.8%
SingaporeN/A1.2N/A0.3-50.0%
Indonesia15.0N/AN/AN/A0%
Others0.60.20.10.1-45.0%
Total32.532.243.543.710.4%

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to Sri Lanka in 2022:

  1. Pakistan (1787.0 kg)
  2. China (438.0 kg)
  3. South Africa (172.0 kg)
  4. Italy (90.0 kg)
  5. Singapore (70.0 kg)

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Sri Lanka

Exports of tents of textile materials other than cotton or synthetic fibreses from Sri Lanka plummeted to 1.2 tons in 2022, declining by -67.6% compared with 2021. In general, exports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 575% against the previous year.

In value terms, exports of tents of textile materials other than cotton or synthetic fibreses contracted significantly to $28K in 2022. Overall, exports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 346% against the previous year.

Export of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom92.4N/A10.99.7-52.8%
Maldives15.9N/A14.75.6-29.4%
United States8.0N/A3.54.3-18.7%
SwitzerlandN/AN/A1.33.8192.3%
NetherlandsN/AN/A1.21.1-8.3%
FranceN/AN/AN/A1.10%
SingaporeN/AN/AN/A0.90%
South KoreaN/AN/AN/A0.80%
PolandN/AN/AN/A0.60%
SeychellesN/AN/AN/A0.10%
OmanN/A8.7N/AN/A0%
Italy34.2N/AN/AN/A0%
PakistanN/AN/A3.1N/A0%
Others2.00.24.80.4-41.5%
Total1538.839.428.4-43.0%

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from Sri Lanka in 2022:

  1. Maldives (517.0 kg)
  2. United Kingdom (272.0 kg)
  3. United States (78.0 kg)
  4. Netherlands (73.0 kg)
  5. Switzerland (50.0 kg)
  6. France (47.0 kg)
  7. Seychelles (43.0 kg)
  8. Singapore (42.0 kg)
  9. Poland (36.0 kg)
  10. South Korea (31.0 kg)

Source: IndexBox Market Intelligence Platform

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