
Sri Lanka - Graphic Paper with Mechanical Fibre Content Under 10% and of Weight under 40 g/m² - Market Analysis, Forecast, Size, Trends and Insights
Sri Lanka: Market for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight under 40 g/m² 2023
Market Size for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight under 40 g/m² in Sri Lanka
The Sri Lankan market for graphic paper with mechanical fibre content under 10% and of weight under X g/m² was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption posted a measured increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Exports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight under 40 g/m²
Exports from Sri Lanka
In 2021, the amount of graphic paper with mechanical fibre content under 10% and of weight under X g/m² exported from Sri Lanka surged to X tons, picking up by 486% compared with 2020. Overall, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of graphic paper with mechanical fibre content under 10% and of weight under X g/m² soared to $X in 2021. Over the period under review, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Indonesia (X tons) was the main destination for exports of graphic paper with mechanical fibre content under 10% and of weight under X g/m² from Sri Lanka, with a 28% share of total exports. Moreover, exports of graphic paper with mechanical fibre content under 10% and of weight under X g/m² to Indonesia exceeded the volume sent to the second major destination, the United States (X tons), fourfold. Kenya (X tons) ranked third in terms of total exports with a 4.7% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Indonesia amounted to +35.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+12.5% per year) and Kenya (+20.0% per year).
In value terms, Indonesia ($X) remains the key foreign market for graphic paper with mechanical fibre content under 10% and of weight under X g/m² exports from Sri Lanka, comprising 29% of total exports. The second position in the ranking was held by Kenya ($X), with a 6.6% share of total exports. It was followed by the United States, with a 2.7% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia totaled +43.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+28.1% per year) and the United States (+10.0% per year).
Export Prices by Country
The average export price for graphic paper with mechanical fibre content under 10% and of weight under X g/m² stood at $X per ton in 2021, rising by 6.2% against the previous year. In general, export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for graphic paper with mechanical fibre content under 10% and of weight under X g/m² increased by +29.5% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 36%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; afterwards, it flattened through to 2021.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to the United States ($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 Bangladesh (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight under 40 g/m²
Imports into Sri Lanka
In 2021, supplies from abroad of graphic paper with mechanical fibre content under 10% and of weight under X g/m² increased by 463% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports posted a perceptible increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of graphic paper with mechanical fibre content under 10% and of weight under X g/m² soared to $X in 2021. Over the period under review, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
India (X tons), China (X tons) and Bangladesh (X tons) were the main suppliers of imports of graphic paper with mechanical fibre content under 10% and of weight under X g/m² to Sri Lanka, with a combined 93% share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bangladesh (with a CAGR of +84.0%), while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($X), India ($X) and Bangladesh ($X) constituted the largest graphic paper with mechanical fibre content under 10% and of weight under X g/m² suppliers to Sri Lanka, together accounting for 93% of total imports.
Bangladesh, with a CAGR of +84.4%, saw the highest rates of growth with regard to 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 2021, the average import price for graphic paper with mechanical fibre content under 10% and of weight under X g/m² amounted to $X per ton, shrinking by -2.4% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 28%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for graphic paper with mechanical fibre content under 10% and of weight under 40 g/mu00b2 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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