Report Update Apr 1, 2024

Sri Lanka - Unwrought Aluminium Alloys - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in Sri Lanka

The Sri Lankan unwrought aluminium alloys market skyrocketed to $X in 2020, picking up 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). In general, consumption posted a mild expansion. The most prominent rate of growth was recorded in 2019 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Unwrought Aluminium Alloys Exports

Exports from Sri Lanka

In 2020, shipments abroad of unwrought aluminium alloys decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Exports peaked at X tons in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, unwrought aluminium alloys exports fell notably to $X in 2020. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for unwrought aluminium alloys exports from Sri Lanka, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to India stood at +X%.

In value terms, India ($X) also remains the key foreign market for unwrought aluminium alloys exports from Sri Lanka.

From 2007 to 2020, the average annual growth rate of value to India amounted to +X%.

Export Prices by Country

In 2020, the average unwrought aluminium alloys export price amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the export price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. The export price peaked at $X per ton in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2007 to 2020, the rate of growth in terms of prices for India amounted to -X% per year.

Unwrought Aluminium Alloys Imports

Imports into Sri Lanka

Unwrought aluminium alloys imports into Sri Lanka declined to X tons in 2020, waning by -X% on the previous year. Overall, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, unwrought aluminium alloys imports shrank notably to $X in 2020. Over the period under review, imports, however, enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2020, imports remained at a lower figure.

Imports by Country

Bahrain (X tons), the United Arab Emirates (X tons) and Switzerland (X tons) were the main suppliers of unwrought aluminium alloys imports to Sri Lanka, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest unwrought aluminium alloys suppliers to Sri Lanka were Bahrain ($X), the United Arab Emirates ($X) and Switzerland ($X), together comprising X% of total imports.

Switzerland (+X% per year) recorded 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

The average unwrought aluminium alloys import price stood at $X per ton in 2020, declining by -X% against the previous year. Overall, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were Russia ($X per ton) and Japan ($X per ton), while the price for Bahrain ($X per ton) and Switzerland ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced mixed trend patterns.

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Frequently Asked Questions (FAQ) :

What are the largest markets for unwrought aluminium alloys in the world?

The countries with the highest volumes of unwrought aluminium alloys consumption in 2020 were China, the U.S. and India, together accounting for 41% of global consumption. Russia, Brazil, Germany, Nigeria, Italy, South Korea and Canada lagged somewhat behind, together comprising a further 20%.

What are the largest producers of unwrought aluminium alloys in the world?

China constituted the country with the largest volume of unwrought aluminium alloys production, comprising approx. 21% of total volume. Moreover, unwrought aluminium alloys production in China exceeded the figures recorded by the second-largest producer, the U.S., twofold. The third position in this ranking was occupied by India, with a 7.9% share.

What are the leading suppliers of unwrought aluminium alloys to Sri Lanka?

In value terms, Bahrain, the United Arab Emirates and Switzerland appeared to be the largest unwrought aluminium alloys suppliers to Sri Lanka, with a combined 89% share of total imports.

What are the leading importers of unwrought aluminium alloys from Sri Lanka?

In value terms, India remains the key foreign market for unwrought aluminium alloys exports from Sri Lanka.

What is the average export price for unwrought aluminium alloys in Sri Lanka?

The average unwrought aluminium alloys export price stood at $1,322 per ton in 2020, declining by -12.6% against the previous year.

What is the average import price for unwrought aluminium alloys in Sri Lanka?

In 2020, the average unwrought aluminium alloys import price amounted to $2,004 per ton, waning by -8.5% against the previous year.

This report provides an in-depth analysis of the unwrought aluminium alloys 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 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023