Sri Lanka - Resinoids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingResinoids Price in Sri Lanka - 2021
Contents:
- Resinoids Price in Sri Lanka (FOB) - 2022
- Resinoids Price in Sri Lanka (CIF) - 2022
- Resinoids Exports in Sri Lanka
- Resinoids Imports in Sri Lanka
Resinoids Price in Sri Lanka (FOB) - 2022
The average resinoids export price stood at $24,512 per ton in 2022, shrinking by -21.7% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2018 an increase of 80% against the previous year. As a result, the export price reached the peak level of $56,766 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($34,250 per ton), while the average price for exports to France ($6,889 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 Turkey (+64.2%), while the prices for the other major destinations experienced mixed trend patterns.
Resinoids Price in Sri Lanka (CIF) - 2022
The average resinoids import price stood at $19,700 per ton in 2022, with a decrease of -6.3% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, resinoids import price decreased by -8.8% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 38% against the previous year. As a result, import price attained the peak level of $29,750 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
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 Australia ($63,000 per ton), while the price for China ($5,125 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.2%).
Resinoids Exports in Sri Lanka
In 2022, after three years of growth, there was significant decline in shipments abroad of resinoids, when their volume decreased by -99.8% to 43 kg. Overall, exports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 448% against the previous year. As a result, the exports reached the peak of 18 tons, and then shrank dramatically in the following year.
In value terms, resinoids exports declined remarkably to $1.1K in 2022. Over the period under review, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 378%. As a result, the exports reached the peak of $559K, and then contracted remarkably in the following year.
Export of Resinoids in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Maldives | 0.2 | 0.8 | 0.9 | 0.9 | 65.1% |
France | N/A | N/A | N/A | 0.1 | 0% |
Slovakia | N/A | N/A | N/A | 0.1 | 0% |
India | 26.4 | 40.6 | 37.7 | N/A | 19.5% |
Philippines | 57.8 | 36.0 | 103 | N/A | 33.5% |
United Arab Emirates | 16.2 | 22.1 | 18.3 | N/A | 6.3% |
Canada | 2.2 | 8.5 | 49.0 | N/A | 371.9% |
Others | 5.4 | 8.9 | 351 | N/A | 706.2% |
Total | 108 | 117 | 559 | 1.1 | -78.3% |
Top Export Markets for Resinoids from Sri Lanka in 2022:
- Maldives (30.0 kg)
- France (9.0 kg)
- Slovakia (4.0 kg)
Resinoids Imports in Sri Lanka
Resinoids imports into Sri Lanka shrank significantly to 20 kg in 2022, declining by -69.7% on 2021 figures. Over the period under review, imports recorded a sharp curtailment. The smallest decline of -51.2% was in 2020.
In value terms, resinoids imports reduced notably to $394 in 2022. In general, imports continue to indicate a sharp reduction. The smallest decline of -43.5% was in 2020.
Import of Resinoids in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 7.6 | 1.6 | 0.9 | 0.3 | -66.0% |
Australia | N/A | N/A | N/A | 0.1 | 0% |
China | 0.6 | 0.8 | 0.1 | N/A | -59.2% |
Germany | 1.4 | 2.4 | 0.3 | N/A | -53.7% |
United Arab Emirates | N/A | N/A | N/A | N/A | 0% |
Singapore | 0.7 | 0.8 | 0.1 | N/A | -62.2% |
Others | 0.4 | 0.5 | 0.1 | N/A | -50.0% |
Total | 10.7 | 6.1 | 1.4 | 0.4 | -66.6% |
Top Suppliers of Resinoids to Sri Lanka in 2022:
- India (10.0 kg)
- China (8.0 kg)
- United Arab Emirates (1.0 kg)
- Australia (1.0 kg)
This report provides an in-depth analysis of the resinoids 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 20531030 - Resinoids
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the resinoids market in Sri Lanka.
This report provides an in-depth analysis of the essential oils market in Sri Lanka.
This report provides an in-depth analysis of the global resinoids market.
This report provides an in-depth analysis of the global essential oils market.
This report provides an in-depth analysis of the resinoids market in Sri Lanka.
This report provides an in-depth analysis of the essential oils market in Sri Lanka.
This report provides an in-depth analysis of the global resinoids market.
This report provides an in-depth analysis of the global essential oils market.
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