Sri Lanka: Market for Coated Printing and Writing Papers 2024

Market Size for Coated Printing and Writing Papers in Sri Lanka

In 2022, the Sri Lankan market for coated printing and writing papers increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2022: its value 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. Based on 2022 figures, consumption increased by X% against 2020 indices. Coated printing and writing paper consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Coated Printing and Writing Papers

Exports from Sri Lanka

In 2022, after two years of decline, there was significant growth in shipments abroad of coated printing and writing papers, when their volume increased by X% to X tons. Overall, exports continue to indicate buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, coated printing and writing paper exports surged to $X in 2022. In general, exports continue to indicate significant growth. 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 coated printing and writing paper exports from Sri Lanka, accounting for a X% share of total exports. Moreover, coated 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 rate of growth in terms 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 ($X) remains the key foreign market for coated printing and writing papers exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was held by Kenya ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bangladesh stood at 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 export price for coated printing and writing papers stood at $X per ton in 2022, waning by X% against the previous year. In general, export price indicated a buoyant expansion 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. Based on 2022 figures, coated printing and writing paper export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then declined modestly in the following year.

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

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Imports of Coated Printing and Writing Papers

Imports into Sri Lanka

In 2022, supplies from abroad of coated printing and writing papers decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, total imports indicated a slight expansion from 2012 to 2022: its volume 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. Based on 2022 figures, imports decreased by X% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, coated printing and writing paper imports skyrocketed to $X in 2022. Overall, total imports indicated a resilient increase from 2012 to 2022: its value 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. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), India (X tons) and Finland (X tons) were the main suppliers of coated printing and writing paper imports to Sri Lanka, with a combined X% share of total imports.

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

In value terms, China ($X), India ($X) and Finland ($X) were the largest coated printing and writing paper suppliers to Sri Lanka, with a combined X% share of total imports.

India, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 import price for coated printing and writing papers amounted to $X per ton, growing by X% against the previous year. Overall, import price indicated a temperate expansion 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. Based on 2022 figures, coated printing and writing paper import price increased by X% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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