Sri Lanka: Market for Printing and Writing Paper 2024

Market Size for Printing and Writing Paper in Sri Lanka

The Sri Lankan printing and writing paper market contracted to $X in 2022, which is down by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Printing and writing paper consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Printing and Writing Paper in Sri Lanka

In value terms, printing and writing paper production reduced modestly to $X in 2022 estimated in export price. In general, production recorded a pronounced downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Printing and Writing Paper

Exports from Sri Lanka

In 2022, overseas shipments of printing and writing paper were finally on the rise to reach X tons after two years of decline. Overall, exports continue to indicate a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, printing and writing paper exports skyrocketed to $X in 2022. In general, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Bangladesh (X tons) was the main destination for printing and writing paper exports from Sri Lanka, with a X% share of total exports. Moreover, printing and writing paper exports to Bangladesh exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sixfold. Kenya (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Bangladesh totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Kenya (X% per year).

In value terms, Bangladesh ($X) remains the key foreign market for printing and writing paper exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was taken by Kenya ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bangladesh amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average printing and writing paper export price stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($X per ton), while the average price for exports to Turkey ($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 Kenya (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Printing and Writing Paper

Imports into Sri Lanka

Printing and writing paper imports into Sri Lanka declined dramatically to X tons in 2022, dropping by X% on the previous year. In general, imports continue to indicate a slight contraction. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, printing and writing paper imports contracted to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and Indonesia (X tons) were the main suppliers of printing and writing paper imports to Sri Lanka, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest printing and writing paper suppliers to Sri Lanka were India ($X), China ($X) and Indonesia ($X), together accounting for X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average printing and writing paper import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Finland ($X per ton) and China ($X per ton), while the price for Thailand ($X per ton) and India ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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