Sri Lanka: Market for Organic Surface-Active Products For Washing The Skin 2024

Market Size for Organic Surface-Active Products For Washing The Skin in Sri Lanka

The Sri Lankan skin organic surface-active products market soared to $X in 2022, growing by X% against the previous year. In general, consumption continues to indicate strong growth. Skin organic surface-active products consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Organic Surface-Active Products For Washing The Skin in Sri Lanka

In value terms, skin organic surface-active products production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. Skin organic surface-active products production peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports of Organic Surface-Active Products For Washing The Skin

Exports from Sri Lanka

In 2022, overseas shipments of organic surface-active products for washing the skin increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, skin organic surface-active products exports surged to $X in 2022. In general, exports, however, continue to indicate a noticeable reduction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Pakistan (X tons), Maldives (X tons) and Malaysia (X tons) were the main destinations of skin organic surface-active products 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 Pakistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for skin organic surface-active products exported from Sri Lanka were Maldives ($X), Pakistan ($X) and Malaysia ($X), with a combined X% share of total exports.

Pakistan, with a CAGR of X%, recorded 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 mixed trend patterns.

Export Prices by Country

In 2022, the average skin organic surface-active products export price amounted to $X per ton, waning by X% against the previous year. In general, the export price showed a slight shrinkage. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($X per ton), while the average price for exports to Central African Republic ($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 Bangladesh (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Organic Surface-Active Products For Washing The Skin

Imports into Sri Lanka

In 2022, approx. X tons of organic surface-active products for washing the skin were imported into Sri Lanka; dropping by X% compared with 2021. Overall, imports faced a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, skin organic surface-active products imports dropped notably to $X in 2022. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest skin organic surface-active products supplier to Sri Lanka, with a X% share of total imports. Moreover, skin organic surface-active products imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Vietnam (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Vietnam (X% per year).

In value terms, India ($X) constituted the largest supplier of organic surface-active products for washing the skin to Sri Lanka, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and China (X% per year).

Import Prices by Country

The average skin organic surface-active products import price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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