Report Sri Lanka - Jute and Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jul 16, 2022

Sri Lanka - Jute and Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights
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Sri Lanka: Market for Jute And Jute-Like Fibers 2022

Market Size for Jute And Jute-Like Fibers in Sri Lanka

The Sri Lankan jute and jute-like fibers market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption, however, continues to indicate a deep reduction. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Exports of Jute And Jute-Like Fibers

Exports from Sri Lanka

After four years of growth, overseas shipments of jute and jute-like fibers decreased by -X% to X tons in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X tons in 2020, and then contracted rapidly in the following year.

In value terms, jute and jute-like fibers exports declined remarkably to $X in 2021. In general, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2020, and then fell remarkably in the following year.

Exports by Country

South Africa (X tons), Hong Kong SAR (X tons) and Tanzania (X tons) were the main destinations of jute and jute-like fibers exports from Sri Lanka, with a combined X% share of total exports. These countries were followed by Pakistan, the United States and Australia, which together accounted for a further X 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Tanzania ($X) and Hong Kong SAR ($X) were the largest markets for jute and jute-like fibers exported from Sri Lanka worldwide, together accounting for X% of total exports. The United States, Pakistan and Australia lagged somewhat behind, together comprising a further X United States, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average jute and jute-like fibers export price amounted to $X per ton, falling by -X% against the previous year. Overall, the export price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2020, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Tanzania ($X per ton), while the average price for exports to Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jute And Jute-Like Fibers

Imports into Sri Lanka

Jute and jute-like fibers imports into Sri Lanka dropped remarkably to X tons in 2021, which is down by -X% compared with the previous year's figure. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then fell notably in the following year.

In value terms, jute and jute-like fibers imports reduced sharply to $X in 2021. Overall, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2020, and then shrank markedly in the following year.

Imports by Country

In 2020, Bangladesh (X tons) was the main jute and jute-like fibers supplier to Sri Lanka, accounting for a X% share of total imports. Moreover, jute and jute-like fibers imports from Bangladesh exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2020, the average annual rate of growth in terms of volume from Bangladesh totaled +X%.

In value terms, Bangladesh ($X) constituted the largest supplier of jute and jute-like fibers to Sri Lanka, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of value from Bangladesh amounted to +X%.

Import Prices by Country

In 2020, the average jute and jute-like fibers import price amounted to $X per ton, dropping by -X% against the previous year. In general, the import price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was China ($X per ton), while the price for Bangladesh totaled $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Bangladesh (-X%).

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for jute and jute-like fibers in the world?
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The countries with the highest volumes of in 2021 were India, Bangladesh and China, with a combined 92% share of global consumption.
What are the largest producers of jute and jute-like fibers in the world?
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The countries with the highest volumes of in 2021 were India and Bangladesh.
What are the leading suppliers of jute and jute-like fibers to Sri Lanka?
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In value terms, Bangladesh constituted the largest supplier of jute and jute-like fibers to Sri Lanka, comprising 95% of total imports. The second position in the ranking was taken by China, with a 5.1% share of total imports.
What are the leading importers of jute and jute-like fibers from Sri Lanka?
+
In value terms, South Africa, Tanzania and Hong Kong SAR were the largest markets for jute and jute-like fibers exported from Sri Lanka worldwide, with a combined 74% share of total exports. These countries were followed by the United States, Pakistan and Australia, which together accounted for a further 24%.
What is the average export price for jute and jute-like fibers in Sri Lanka?
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The average jute and jute-like fibers export price stood at $1,058 per ton in 2020, shrinking by -15.1% against the previous year.
What is the average import price for jute and jute-like fibers in Sri Lanka?
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In 2020, the average jute and jute-like fibers import price amounted to $859 per ton, with a decrease of -25.3% against the previous year.

This report provides an in-depth analysis of the market for jute and jute-like fibers 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:
• FCL 780 - Jute
• FCL 782 - Jute-like fibres
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2021
Figure 22:
Production, In Value Terms, 2012–2021
Figure 23:
Area Harvested, 2012–2021
Figure 24:
Yield, 2012–2021
Figure 25:
Imports, In Physical Terms, 2012–2021
Figure 26:
Imports, In Value Terms, 2012–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2012–2021
Figure 29:
Imports, In Value Terms, By Country, 2012–2021
Figure 30:
Import Prices, By Country Of Origin, 2012–2021
Figure 31:
Exports, In Physical Terms, 2012–2021
Figure 32:
Exports, In Value Terms, 2012–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2012–2021
Figure 35:
Exports, In Value Terms, By Country, 2012–2021
Figure 36:
Export Prices, By Country Of Destination, 2012–2021
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