Sri Lanka: Market for Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) 2024

Market Size for Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in Sri Lanka

The Sri Lankan market for chemical wood pulp (soda and sulphate, other than dissolving grades) declined to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, continues to indicate a remarkable increase. As a result, consumption attained the peak level of $X, and then declined in the following year.

Production of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in Sri Lanka

In value terms, production of chemical wood pulp (soda and sulphate, other than dissolving grades) reduced to $X in 2022 estimated in export price. In general, production faced a dramatic decrease. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades)

Exports from Sri Lanka

Exports of chemical wood pulp (soda and sulphate, other than dissolving grades) from Sri Lanka shrank notably to X tons in 2022, reducing by X% compared with the year before. In general, exports continue to indicate a abrupt shrinkage. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) declined markedly to $X in 2022. Over the period under review, exports continue to indicate a dramatic downturn. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Maldives (X tons) was the main destination for exports of chemical wood pulp (soda and sulphate, other than dissolving grades) from Sri Lanka, accounting for a X% share of total exports. Moreover, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) to Maldives exceeded the volume sent to the second major destination, India (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Maldives totaled X%.

In value terms, Maldives ($X) emerged as the key foreign market for chemical wood pulp (soda and sulphate, other than dissolving grades) exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Maldives amounted to X%.

Export Prices by Country

In 2022, the average export price for chemical wood pulp (soda and sulphate, other than dissolving grades) amounted to $X per ton, approximately reflecting the previous year. In general, the export price, however, faced a abrupt decline. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($X per ton), while the average price for exports to India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (X%).

Imports of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades)

Imports into Sri Lanka

Imports of chemical wood pulp (soda and sulphate, other than dissolving grades) into Sri Lanka declined sharply to X tons in 2022, which is down by X% on the previous year. In general, imports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2021, and then reduced rapidly in the following year.

In value terms, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) contracted to $X in 2022. Overall, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, the United States (X tons) constituted the largest soda and sulphate chemical wood pulp supplier to Sri Lanka, accounting for a X% share of total imports. Moreover, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Russia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Russia (X% per year).

In value terms, the United States ($X) constituted the largest supplier of chemical wood pulp (soda and sulphate, other than dissolving grades) to Sri Lanka, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Russia (X% per year).

Import Prices by Country

In 2022, the average import price for chemical wood pulp (soda and sulphate, other than dissolving grades) amounted to $X per ton, rising by X% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for chemical wood pulp (soda and sulphate, other than dissolving grades) increased by X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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