Sri Lanka: Market for Moulded Or Pressed Articles Of Paper Pulp 2024

Market Size for Moulded Or Pressed Articles Of Paper Pulp in Sri Lanka

The Sri Lankan paper pulp moulded articles market was estimated at $X in 2022, leveling off at the previous year. In general, consumption continues to indicate a strong increase. Paper pulp moulded articles consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Moulded Or Pressed Articles Of Paper Pulp in Sri Lanka

In value terms, paper pulp moulded articles production stood at $X in 2022 estimated in export price. Overall, production saw a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports from Sri Lanka

In 2022, paper pulp moulded articles exports from Sri Lanka shrank modestly to X tons, approximately mirroring the year before. In general, exports, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, paper pulp moulded articles exports dropped to $X in 2022. Overall, exports, however, posted a slight increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Denmark (X tons) and Maldives (X tons) were the main destinations of paper pulp moulded articles exports from Sri Lanka, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paper pulp moulded articles exported from Sri Lanka were Italy ($X), Denmark ($X) and the UK ($X), together comprising X% of total exports.

Denmark, with a CAGR of X%, saw the highest growth rate of 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 2022, the average paper pulp moulded articles export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Maldives ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports into Sri Lanka

Paper pulp moulded articles imports into Sri Lanka shrank modestly to X tons in 2022, dropping by X% on the previous year's figure. Overall, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then reduced modestly in the following year.

In value terms, paper pulp moulded articles imports declined sharply to $X in 2022. In general, imports, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

India (X tons), Vietnam (X tons) and Malaysia (X tons) were the main suppliers of paper pulp moulded articles imports to Sri Lanka, with a combined X% share of total imports.

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

In value terms, the largest paper pulp moulded articles suppliers to Sri Lanka were India ($X), Vietnam ($X) and Malaysia ($X), together accounting for X% of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to 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 paper pulp moulded articles import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price showed a deep slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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