Report Sri Lanka - Sails - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 10, 2021

Sri Lanka - Sails - Market Analysis, Forecast, Size, Trends and Insights
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Sri Lanka: Sail Market 2021

Sail Market Size in Sri Lanka

After six years of growth, the Sri Lankan sail market decreased by -X% to $X in 2020. Over the period under review, the total consumption indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2019, and then fell in the following year.

Sail Production in Sri Lanka

In value terms, sail production reduced to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Sail production peaked at $X in 2019, and then contracted in the following year.

Sail Exports

Exports from Sri Lanka

In 2020, after six years of growth, there was significant decline in overseas shipments of sails, when their volume decreased by -X% to X tons. In general, total exports indicated a pronounced expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2019, and then shrank dramatically in the following year.

In value terms, sail exports declined rapidly to $X in 2020. Over the period under review, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tons), the UK (X tons) and France (X tons) were the main destinations of sail exports from Sri Lanka, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK, while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the UK ($X) and France ($X) constituted the largest markets for sail exported from Sri Lanka worldwide, together comprising X% of total exports.

In terms of the main countries of destination, the UK saw 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 2020, the average sail export price amounted to $X per ton, approximately reflecting the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2017; however, from 2018 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Sail Imports

Imports into Sri Lanka

In 2020, supplies from abroad of sails decreased by -X% to X kg for the first time since 2015, thus ending a four-year rising trend. Over the period under review, imports, however, saw a moderate increase. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at X tons in 2019, and then dropped remarkably in the following year.

In value terms, sail imports dropped markedly to $X in 2020. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. Imports peaked at $X in 2019, and then fell sharply in the following year.

Imports by Country

In 2020, France (X kg) constituted the largest sail supplier to Sri Lanka, with a X% share of total imports. Moreover, sail imports from France exceeded the figures recorded by the second-largest supplier, New Zealand (X kg), threefold. The third position in this ranking was occupied by China (X kg), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from France stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and China (+X% per year).

In value terms, New Zealand ($X), France ($X) and China ($X) constituted the largest sail suppliers to Sri Lanka, with a combined X% share of total imports. These countries were followed by the U.S. and the United Arab Emirates, which together accounted for a further X terms of the main suppliers, the United Arab Emirates recorded the highest rates of growth with regard to 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 2020, the average sail import price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was New Zealand ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sails in the world?
+
The country with the largest volume of sail consumption was China, accounting for 16% of total volume. Moreover, sail consumption in China exceeded the figures recorded by the second-largest consumer, the Netherlands, twofold. India ranked third in terms of total consumption with a 6.6% share.
What are the largest producers of sails in the world?
+
China remains the largest sail producing country worldwide, accounting for 17% of total volume. Moreover, sail production in China exceeded the figures recorded by the second-largest producer, the Netherlands, twofold. The third position in this ranking was occupied by India, with a 6.6% share.
What are the leading suppliers of sails to Sri Lanka?
+
In value terms, New Zealand, France and China were the largest sail suppliers to Sri Lanka, with a combined 94% share of total imports. The U.S. and the United Arab Emirates lagged somewhat behind, together comprising a further 5.6%.
What are the leading importers of sails from Sri Lanka?
+
In value terms, the largest markets for sail exported from Sri Lanka were the U.S., the UK and France, with a combined 82% share of total exports.
What is the average export price for sails in Sri Lanka?
+
The average sail export price stood at $103,661 per ton in 2020, approximately mirroring the previous year.
What is the average import price for sails in Sri Lanka?
+
In 2020, the average sail import price amounted to $78,414 per ton, with a decrease of -26% against the previous year.

This report provides an in-depth analysis of the sail market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Product coverage:
• Prodcom 13922250 - Sails
Country coverage:
• Sri Lanka

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Sri Lanka
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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