Report Update: May 1, 2024

Sri Lanka - Quilted Textile Products In The Piece (Excluding Embroidery) - Market Analysis, Forecast, Size, Trends And Insights

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Quilted Textile Products Price in Sri Lanka - 2021

Quilted Textile Products Price in Sri Lanka (FOB) - 2022

In 2022, the average quilted textile products export price amounted to $5.4 per square meter, reducing by -4.9% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 3.3%. As a result, the export price reached the peak level of $5.6 per square meter, and then fell in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($13 per square meter), while the average price for exports to Thailand ($1.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-0.0%), while the prices for the other major destinations experienced a decline.

Quilted Textile Products Price in Sri Lanka (CIF) - 2022

The average quilted textile products import price stood at $19 per square meter in 2022, growing by 78% against the previous year. Overall, the import price saw a significant expansion. 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 ($37 per square meter), while the price for China ($4.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Quilted Textile Products Exports in Sri Lanka

In 2022, the amount of quilted textile products in the piece (excluding embroidery) exported from Sri Lanka skyrocketed to 296K square meters, rising by 50% against 2021 figures. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, quilted textile products exports skyrocketed to $1.6M in 2022. Over the period under review, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 88%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Quilted Textile Products in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	328	203	415	371	4.2%
Vietnam	1.1	32.9	31.4	28.1	194.5%
Thailand	4.9	6.9	10.0	9.0	22.5%
Others	705	349	655	1,181	18.8%
Total	1,039	592	1,112	1,589	15.2%

Top Export Markets for Quilted Textile Products from Sri Lanka in 2022:

India (28.4K square meters)
Thailand (5.4K square meters)
Vietnam (2.2K square meters)

Quilted Textile Products Imports in Sri Lanka

In 2022, after three years of growth, there was significant decline in purchases abroad of quilted textile products in the piece (excluding embroidery), when their volume decreased by -41.3% to 30K square meters. In general, imports, however, showed a mild increase. The most prominent rate of growth was recorded in 2021 when imports increased by 74%. As a result, imports attained the peak of 51K square meters, and then contracted markedly in the following year.

In value terms, quilted textile products imports expanded slightly to $560K in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 101% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Quilted Textile Products in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	120	278	274	335	40.8%
Italy	49.4	88.3	69.7	85.1	19.9%
Malaysia	0.6	4.3	30.7	37.5	296.9%
Estonia	50.8	N/A	127	N/A	58.1%
Others	23.2	-104.7	34.3	101	63.3%
Total	244	266	536	560	31.9%

Top Suppliers of Quilted Textile Products to Sri Lanka in 2022:

China (78.2K square meters)
Italy (2.3K square meters)
Malaysia (1.5K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the quilted textile products market 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 13991600 - Quilted textile products in the piece (excluding embroidery)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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