Sri Lanka - Polyurethanes In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyurethanes Price in Sri Lanka - 2021
Contents:
- Polyurethanes Price in Sri Lanka (CIF) - 2022
- Polyurethanes Price in Sri Lanka (FOB) - 2022
- Polyurethanes Imports in Sri Lanka
- Polyurethanes Exports in Sri Lanka
Polyurethanes Price in Sri Lanka (CIF) - 2022
The average polyurethanes import price stood at $4,389 per ton in 2022, shrinking by -5.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2021 an increase of 29% against the previous year. As a result, import price reached the peak level of $4,653 per ton, and then contracted in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($8,100 per ton), while the price for Thailand ($1,879 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Polyurethanes Price in Sri Lanka (FOB) - 2022
The average polyurethanes export price stood at $2,921 per ton in 2022, shrinking by -55.8% against the previous year. In general, the export price, however, showed a measured expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 203%. As a result, the export price reached the peak level of $10,888 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($10,488 per ton), while the average price for exports to Maldives ($1,889 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+40.1%), while the prices for the other major destinations experienced more modest paces of growth.
Polyurethanes Imports in Sri Lanka
After three years of growth, supplies from abroad of polyurethanes in primary forms decreased by -4.4% to 4.3K tons in 2022. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports reached the peak of 4.5K tons, and then shrank slightly in the following year.
In value terms, polyurethanes imports contracted to $19M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year. As a result, imports attained the peak of $21M, and then shrank in the following year.
| Import of Polyurethanes in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.8 | 3.2 | 4.7 | 4.2 | 3.4% |
| China | 2.0 | 1.7 | 3.6 | 2.6 | 9.1% |
| India | 1.4 | 1.6 | 2.3 | 2.4 | 19.7% |
| Malaysia | 1.3 | 1.6 | 2.3 | 2.2 | 19.2% |
| South Korea | 1.0 | 1.2 | 1.3 | 1.7 | 19.3% |
| Spain | 1.3 | 1.1 | 1.5 | 1.6 | 7.2% |
| Germany | 0.8 | 0.9 | 1.1 | 1.4 | 20.5% |
| Singapore | 0.2 | 0.6 | 1.3 | 1.3 | 86.6% |
| Thailand | 0.5 | 0.6 | 0.7 | 0.3 | -15.7% |
| Others | 1.4 | 0.9 | 1.9 | 1.2 | -5.0% |
| Total | 13.6 | 13.4 | 20.8 | 18.8 | 11.4% |
Top Suppliers of Polyurethanes to Sri Lanka in 2022:
- China (1110.2 tons)
- Japan (679.5 tons)
- India (644.6 tons)
- Malaysia (414.4 tons)
- South Korea (392.8 tons)
- Singapore (328.2 tons)
- Germany (199.5 tons)
- Spain (191.9 tons)
- Thailand (155.2 tons)
Polyurethanes Exports in Sri Lanka
In 2022, the amount of polyurethanes in primary forms exported from Sri Lanka fell dramatically to 48 tons, which is down by -67.2% against the previous year's figure. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 327%. As a result, the exports attained the peak of 147 tons, and then fell remarkably in the following year.
In value terms, polyurethanes exports declined significantly to $141K in 2022. Over the period under review, exports showed a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 159% against the previous year. As a result, the exports reached the peak of $971K, and then fell dramatically in the following year.
| Export of Polyurethanes in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 5.5 | N/A | 14.1 | 57.0 | 118.0% |
| India | 123 | 59.6 | 351 | 23.9 | -42.1% |
| Bangladesh | N/A | N/A | N/A | 16.4 | 0% |
| Pakistan | 14.5 | 0.1 | 79.4 | 14.6 | 0.2% |
| Ethiopia | N/A | N/A | N/A | 14.1 | 0% |
| China | N/A | N/A | 42.0 | 8.2 | -80.5% |
| United Arab Emirates | 121 | 183 | 314 | N/A | 61.1% |
| Others | 48.2 | 131 | 171 | 7.0 | -47.4% |
| Total | 313 | 374 | 971 | 141 | -23.3% |
Top Export Markets for Polyurethanes from Sri Lanka in 2022:
- Maldives (30.2 tons)
- India (8.0 tons)
- Ethiopia (4.2 tons)
- Pakistan (2.2 tons)
- Bangladesh (1.6 tons)
- China (1.4 tons)
This report provides an in-depth analysis of the polyurethanes 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 2030.
Product coverage:
- Prodcom 20165670 - Polyurethanes, in primary forms
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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