Sri Lanka: Curtains Market 2024

Curtains Market Size in Sri Lanka

The Sri Lankan curtains market amounted to $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated slight growth from 2012 to 2022: its value 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, consumption increased by X% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Curtains Production in Sri Lanka

In value terms, curtains production expanded modestly to $X in 2022 estimated in export price. Overall, the total production indicated a noticeable increase from 2012 to 2022: its value 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, production increased by X% against 2019 indices. The growth pace was the most rapid in 2015 when the production volume increased by X%. Curtains production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

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Curtains Exports

Exports from Sri Lanka

In 2022, shipments abroad of curtains and interior blinds decreased by X% to X square meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at X square meters in 2021, and then declined modestly in the following year.

In value terms, curtains exports dropped to $X in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

Germany (X square meters) was the main destination for curtains exports from Sri Lanka, with a X% share of total exports. Moreover, curtains exports to Germany exceeded the volume sent to the second major destination, Maldives (X square meters), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%.

In value terms, Germany ($X) remains the key foreign market for curtains and interior blinds exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was held by Maldives ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average curtains export price amounted to $X per square meter, approximately reflecting the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per square meter in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per square meter), while the average price for exports to Maldives amounted to $X per square meter.

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

Curtains Imports

Imports into Sri Lanka

In 2022, approx. X square meters of curtains and interior blinds were imported into Sri Lanka; rising by X% against the year before. Over the period under review, imports posted a buoyant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X square meters in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, curtains imports soared to $X in 2022. Overall, imports recorded prominent growth. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X square meters), the UK (X square meters) and Germany (X square meters) were the main suppliers of curtains imports to Sri Lanka, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and South Korea ($X) constituted the largest curtains suppliers to Sri Lanka, with a combined X% share of total imports.

Among the main suppliers, Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average curtains import price amounted to $X per square meter, picking up by X% against the previous year. Overall, import price indicated temperate growth 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. 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 South Korea ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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