Sri Lanka: Market for Pulp From Fibres Other Than Wood 2024

Market Size for Pulp From Fibres Other Than Wood in Sri Lanka

The Sri Lankan market for pulp from fibres other than wood amounted to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption of peaked in 2022 and is likely to see gradual growth in years to come.

Production of Pulp From Fibres Other Than Wood in Sri Lanka

In value terms, production of pulp from fibres other than wood amounted to $X in 2022 estimated in export price. In general, production saw a prominent expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Pulp From Fibres Other Than Wood

Exports from Sri Lanka

In 2022, shipments abroad of pulp from fibres other than wood increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of pulp from fibres other than wood dropped modestly to $X in 2022. In general, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Slovenia (X tons) was the main destination for exports of pulp from fibres other than wood from Sri Lanka, with a X% share of total exports. Moreover, exports of pulp from fibres other than wood to Slovenia exceeded the volume sent to the second major destination, Maldives (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Slovenia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (X% per year) and the UK (X% per year).

In value terms, Slovenia ($X) remains the key foreign market for pulp from fibres other than wood exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was held by Maldives ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Slovenia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average export price for pulp from fibres other than wood amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then fell in the following year.

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

Imports of Pulp From Fibres Other Than Wood

Imports into Sri Lanka

In 2022, approx. X tons of pulp from fibres other than wood were imported into Sri Lanka; with an increase of X% against the previous year's figure. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of pulp from fibres other than wood soared to $X in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, India (X tons) was the main pulp from fibres other than wood supplier to Sri Lanka, with a X% share of total imports. Moreover, imports of pulp from fibres other than wood from India exceeded the figures recorded by the second-largest supplier, Norway (X tons), more than tenfold.

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

In value terms, India ($X) constituted the largest supplier of pulp from fibres other than wood to Sri Lanka, comprising X% of total imports. The second position in the ranking was held by Norway ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average import price for pulp from fibres other than wood amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2016 an increase of X%. The import price peaked at $X per ton in 2021, and then reduced dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform

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