Report Sri Lanka - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Apr 22, 2022

Sri Lanka - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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Sri Lanka: Woolen Fabric Market 2022

Woolen Fabric Market Size in Sri Lanka

The Sri Lankan woolen fabric market surged to $X in 2020, jumping 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 modest increase. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Woolen Fabric Exports

Exports from Sri Lanka

In 2020, after two years of growth, there was significant decline in shipments abroad of woven woolen fabrics, when their volume decreased by -X% to X square meters. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by X% year-to-year. As a result, exports attained the peak of X square meters, and then plummeted in the following year.

In value terms, woolen fabric exports declined sharply to $X in 2020. Over the period under review, exports saw a abrupt curtailment. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at $X in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

Exports by Country

Maldives (X square meters) was the main destination for woolen fabric exports from Sri Lanka, with a approx. X% share of total exports.

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

In value terms, Maldives ($X) also remains the key foreign market for woolen fabric exports from Sri Lanka.

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

Export Prices by Country

The average woolen fabric export price stood at $X per square meter in 2020, with an increase of X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X% year-to-year. The export price peaked at $X per square meter in 2017; however, from 2018 to 2020, export prices failed to regain the momentum.

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

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

Woolen Fabric Imports

Imports into Sri Lanka

In 2020, approx. X square meters of woven woolen fabrics were imported into Sri Lanka; surging by X% on the year before. Over the period under review, imports showed a tangible expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X square meters in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

In value terms, woolen fabric imports surged to $X in 2020. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Italy (X square meters), China (X square meters) and France (X square meters) were the main suppliers of woolen fabric imports to Sri Lanka, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France, while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of woolen fabric to Sri Lanka, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

In 2020, the average woolen fabric import price amounted to $X per square meter, rising by X% against the previous year. Overall, the import price, however, recorded a pronounced slump. The growth pace was the most rapid in 2012 when the average import price increased by X% y-o-y. The import price peaked at $X per square meter in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, 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 woven woolen fabrics in the world?
+
The countries with the highest volumes of woolen fabric consumption in 2020 were China, Italy and the UK, together accounting for 53% of global consumption.
What are the largest producers of woven woolen fabrics in the world?
+
The countries with the highest volumes of woolen fabric production in 2020 were China, Italy and the UK, together comprising 59% of global production.
What are the leading suppliers of woven woolen fabrics to Sri Lanka?
+
In value terms, Italy constituted the largest supplier of woolen fabric to Sri Lanka, comprising 70% of total imports. The second position in the ranking was occupied by China, with a 16% share of total imports. It was followed by France, with a 8.3% share.
What are the leading importers of woven woolen fabrics from Sri Lanka?
+
In value terms, Maldives remains the key foreign market for woolen fabric exports from Sri Lanka.
What is the average export price for woven woolen fabrics in Sri Lanka?
+
In 2020, the average woolen fabric export price amounted to $25 per square meter, rising by 37% against the previous year.
What is the average import price for woven woolen fabrics in Sri Lanka?
+
In 2020, the average woolen fabric import price amounted to $23 per square meter, rising by 8.7% against the previous year.

This report provides an in-depth analysis of the woolen fabric 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 13201230 - Woven fabrics of carded wool or carded fine animal hair
• Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair
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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