Sri Lanka: Market for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Sheets 2024

Market Size for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Sheets in Sri Lanka

The Sri Lankan market for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets dropped to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a noticeable setback. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Sheets

Exports from Sri Lanka

In 2022, approx. X tons of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets were exported from Sri Lanka; shrinking by X% against the year before. Over the period under review, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets dropped remarkably to $X in 2022. Overall, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2019 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Maldives (X tons) was the main destination for exports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets from Sri Lanka, accounting for a X% share of total exports. Moreover, exports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets to Maldives exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold. The third position in this ranking was taken by Ethiopia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Maldives amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Ethiopia (X% per year).

In value terms, Maldives ($X), Ethiopia ($X) and the United Arab Emirates ($X) were the largest markets for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets exported from Sri Lanka worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Ethiopia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price continues to indicate resilient growth. As a result, the export price attained 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 Oman ($X per ton), while the average price for exports to Haiti ($X 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 Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Sheets

Imports into Sri Lanka

For the third year in a row, Sri Lanka recorded decline in overseas purchases of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets, which decreased by X% to X tons in 2022. In general, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets totaled $X in 2022. Over the period under review, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

India (X tons), Indonesia (X tons) and China (X tons) were the main suppliers of imports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets to Sri Lanka, together comprising X% of total imports.

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

In value terms, India ($X), the UK ($X) and Indonesia ($X) were the largest graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets suppliers to Sri Lanka, together accounting for X% of total imports. Slovenia, China, Thailand and Singapore lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, China, with a CAGR of X%, saw 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

The average import price for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained 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 UK ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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