Sri Lanka: Toothpaste Market 2022

Toothpaste Market Size in Sri Lanka

The Sri Lankan toothpaste market soared to $X in 2021, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a notable expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Toothpaste Exports

Exports from Sri Lanka

In 2021, approx. X tons of toothpaste, denture cleaners and other dentifrices were exported from Sri Lanka; with an increase of X% compared with 2020 figures. Over the period under review, exports enjoyed a moderate increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, toothpaste exports soared to $X in 2021. In general, exports showed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Myanmar (X tons) was the main destination for toothpaste exports from Sri Lanka, accounting for a X% share of total exports. Moreover, toothpaste exports to Myanmar exceeded the volume sent to the second major destination, Maldives (X tons), twofold. Seychelles (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Myanmar was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (+X% per year) and Seychelles (+X% per year).

In value terms, the largest markets for toothpaste exported from Sri Lanka were Maldives ($X), Myanmar ($X) and Seychelles ($X), with a combined X% share of total exports.

Seychelles, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average toothpaste export price stood at $X per ton in 2021, which is down by -X% against the previous year. In general, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2020, and then reduced notably in the following year.

Prices varied noticeably country of destination: the country with the highest price was Maldives ($X per ton), while the average price for exports to Seychelles ($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 Maldives (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Toothpaste Imports

Imports into Sri Lanka

In 2021, approx. X tons of toothpaste, denture cleaners and other dentifrices were imported into Sri Lanka; with an increase of X% on the previous year's figure. Over the period under review, imports continue to indicate a notable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, toothpaste imports surged to $X in 2021. Overall, total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) was the main supplier of toothpaste to Sri Lanka, with a X% share of total imports. It was followed by Indonesia (X tons), with a X% share of total imports.

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

In value terms, India ($X) constituted the largest supplier of toothpaste to Sri Lanka, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports.

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

Import Prices by Country

In 2021, the average toothpaste import price amounted to $X per ton, dropping by -X% against the previous year. In general, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Indonesia ($X per ton), while the price for India stood at $X per ton.

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

Source: IndexBox Market Intelligence Platform

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