Report Update Apr 1, 2024

Sri Lanka - Metallised Yarn and Strip - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Metallised Yarn Market 2024

Metallised Yarn Market Size in Sri Lanka

The Sri Lankan metallised yarn market skyrocketed to $X in 2022, surging 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). Over the period under review, consumption recorded strong growth. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Metallised Yarn Exports

Exports from Sri Lanka

In 2022, shipments abroad of metallised yarn and strip decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at X tons in 2021, and then contracted significantly in the following year.

In value terms, metallised yarn exports declined markedly to $X in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then reduced notably in the following year.

Exports by Country

Pakistan (X tons) was the main destination for metallised yarn exports from Sri Lanka, accounting for a X% share of total exports. Moreover, metallised yarn exports to Pakistan exceeded the volume sent to the second major destination, India (X tons), fivefold.

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

In value terms, Pakistan ($X) and India ($X) constituted the largest markets for metallised yarn exported from Sri Lanka worldwide.

In terms of the main countries of destination, India, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average metallised yarn export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price enjoyed a perceptible increase. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced mixed trend patterns.

Metallised Yarn Imports

Imports into Sri Lanka

In 2022, approx. X tons of metallised yarn and strip were imported into Sri Lanka; picking up by X% against the previous year's figure. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, metallised yarn imports surged to $X in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of metallised yarn to Sri Lanka, with a X% share of total imports. Moreover, metallised yarn imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. Germany (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 amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

In value terms, the United States ($X) constituted the largest supplier of metallised yarn and strip to Sri Lanka, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

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

Import Prices by Country

The average metallised yarn import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for metallised yarn and strip in the world?

The country with the largest volume of metallised yarn consumption was China, comprising approx. 17% of total volume. Moreover, metallised yarn consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was held by India, with a 6% share.

What are the largest producers of metallised yarn and strip in the world?

China constituted the country with the largest volume of metallised yarn production, accounting for 32% of total volume. Moreover, metallised yarn production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 6.9% share.

What are the leading suppliers of metallised yarn and strip to Sri Lanka?

In value terms, the United States constituted the largest supplier of metallised yarn and strip to Sri Lanka, comprising 96% of total imports. The second position in the ranking was taken by China, with a 1.3% share of total imports. It was followed by Germany, with a 1% share.

What are the leading importers of metallised yarn and strip from Sri Lanka?

In value terms, the largest markets for metallised yarn exported from Sri Lanka were Pakistan and India.

What is the average export price for metallised yarn and strip in Sri Lanka?

The average metallised yarn export price stood at $13,719 per ton in 2022, picking up by 19% against the previous year.

What is the average import price for metallised yarn and strip in Sri Lanka?

The average metallised yarn import price stood at $12,084 per ton in 2022, with an increase of 11% against the previous year.

This report provides an in-depth analysis of the metallised yarn 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 13961100 - Metallised yarn, strip and the like of man-made textile materials, combined with metal in thread, strip or powder forms, or covered in metal

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023