Sri Lanka: Market for Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles 2022

Market Size for Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles in Sri Lanka

In 2021, after two years of decline, there was significant growth in the Sri Lankan market for non-refractory clay flooring blocks, support or filler tiles, when its value increased by X% to $X. Overall, consumption, however, continues to indicate a perceptible slump. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Exports of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles

Exports from Sri Lanka

In 2021, overseas shipments of non-refractory clay flooring blocks, support or filler tiles decreased by -X% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2020, and then shrank remarkably in the following year.

In value terms, exports of non-refractory clay flooring blocks, support or filler tiles contracted significantly to $X in 2021. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then reduced remarkably in the following year.

Exports by Country

Maldives (X tons) was the main destination for exports of non-refractory clay flooring blocks, support or filler tiles from Sri Lanka, accounting for a X% share of total exports. Moreover, exports of non-refractory clay flooring blocks, support or filler tiles to Maldives exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Maldives amounted to +X%.

In value terms, Maldives ($X) remains the key foreign market for non-refractory clay flooring blocks, support or filler tiles exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Maldives stood at +X%.

Export Prices by Country

The average export price for non-refractory clay flooring blocks, support or filler tiles stood at $X per ton in 2021, rising by X% against the previous year. Overall, the export price saw buoyant growth. The pace of growth appeared the most rapid in 2017 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Maldives amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+X%).

Imports of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles

Imports into Sri Lanka

In 2021, the amount of non-refractory clay flooring blocks, support or filler tiles imported into Sri Lanka soared to X tons, with an increase of X% against 2020. Over the period under review, imports, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, imports of non-refractory clay flooring blocks, support or filler tiles skyrocketed to $X in 2021. Overall, total imports indicated a pronounced expansion from 2012 to 2021: its value decreased at an average annual rate of -X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main non-refractory clay flooring blocks, support or filler tiles supplier to Sri Lanka, accounting for a X% share of total imports. Moreover, imports of non-refractory clay flooring blocks, support or filler tiles from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and the United Arab Emirates (-X% per year).

In value terms, China ($X) constituted the largest supplier of non-refractory clay flooring blocks, support or filler tiles to Sri Lanka, comprising X% of total imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and the United Arab Emirates (-X% per year).

Import Prices by Country

In 2021, the average import price for non-refractory clay flooring blocks, support or filler tiles amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform