Sri Lanka: Other Agglomerates Market 2022

Other Agglomerates Market Size in Sri Lanka

In 2021, the Sri Lankan other agglomerates market increased by X% to $X, rising for the fourth consecutive year after two years of decline. In general, consumption showed buoyant growth. Other agglomerates consumption peaked in 2021 and is likely to see steady growth in years to come.

Other Agglomerates Production in Sri Lanka

In value terms, other agglomerates production reduced slightly to $X in 2021 estimated in export price. In general, production saw a noticeable decline. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Other Agglomerates Exports

Exports from Sri Lanka

In 2021, shipments abroad of other agglomerates decreased by -X% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, other agglomerates exports declined dramatically to $X in 2021. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Qatar (X tons), the United Arab Emirates (X tons) and Saudi Arabia (X tons) were the main destinations of other agglomerates exports from Sri Lanka.

From 2012 to 2021, the biggest increases were in Saudi Arabia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Qatar ($X), Saudi Arabia ($X) and the United Arab Emirates ($X) appeared to be the largest markets for other agglomerates exported from Sri Lanka worldwide, together accounting for X% of total exports.

Among the main countries of destination, Saudi Arabia, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average other agglomerates export price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the export price continues to indicate a pronounced decline. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, the country with the highest price was Qatar ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-X%), while the prices for the other major destinations experienced a decline.

Other Agglomerates Imports

Imports into Sri Lanka

In 2021, overseas purchases of other agglomerates were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, other agglomerates imports surged to $X in 2021. Over the period under review, imports showed a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X tons) and the United Arab Emirates (X tons) were the main suppliers of other agglomerates imports to Sri Lanka.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +X value terms, India ($X) constituted the largest supplier of other agglomerates to Sri Lanka, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from India totaled +X%.

Import Prices by Country

The average other agglomerates import price stood at $X per ton in 2021, reducing by -X% against the previous year. Overall, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was India ($X per ton), while the price for the United Arab Emirates amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Source: IndexBox Platform