Report Update Nov 1, 2024

Sri Lanka - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Abs Copolymers Market 2024

Abs Copolymers Market Size in Sri Lanka

The Sri Lankan ABS copolymers market soared to $X in 2021, growing by 50% 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 showed prominent growth. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in years to come.

Abs Copolymers Exports

Exports from Sri Lanka

In 2021, after two years of decline, there was significant growth in shipments abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms, when their volume increased by 61% to X tons. Over the period under review, exports showed a buoyant increase. The growth pace was the most rapid in 2015 with an increase of 574%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, ABS copolymers exports soared to $X in 2021. In general, exports, however, showed a slight curtailment. The growth pace was the most rapid in 2015 with an increase of 239%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for ABS copolymers exports from Sri Lanka, with a 99% share of total exports. It was followed by South Korea (X kg), with a 1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Germany was relatively modest.

In value terms, Germany ($X) emerged as the key foreign market for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms exports from Sri Lanka, comprising 99% of total exports. The second position in the ranking was taken by South Korea ($X), with a 1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Germany was relatively modest.

Export Prices by Country

The average ABS copolymers export price stood at $X per ton in 2021, waning by -22.5% against the previous year. Over the period under review, the export price recorded a abrupt descent. The growth pace was the most rapid in 2016 when the average export price increased by 47%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to South Korea amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-10.4%).

Abs Copolymers Imports

Imports into Sri Lanka

ABS copolymers imports into Sri Lanka expanded remarkably to X tons in 2021, surging by 13% against the previous year's figure. Overall, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2014 when imports increased by 70% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, ABS copolymers imports surged to $X in 2021. Over the period under review, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

South Korea (X tons), Taiwan (Chinese) (X tons) and Democratic People's Republic of Korea (X tons) were the main suppliers of ABS copolymers imports to Sri Lanka, together comprising 84% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +44.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Taiwan (Chinese) ($X) and Malaysia ($X) were the largest ABS copolymers suppliers to Sri Lanka, with a combined 84% share of total imports.

Taiwan (Chinese), with a CAGR of +43.6%, saw the highest growth rate of the value of imports, among 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 ABS copolymers import price stood at $X per ton in 2021, increasing by 52% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Malaysia ($X per ton), while the price for Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+49.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in the world?

The countries with the highest volumes of abs copolymers consumption in 2020 were China, Taiwan Chinese) and the United States, together accounting for 48% of global consumption. Indonesia, Japan, Mexico, Nigeria, Malaysia, Vietnam, Germany, Turkey, South Korea and Iran lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in the world?

The countries with the highest volumes of abs copolymers production in 2020 were South Korea, Taiwan Chinese) and the United States, together comprising 49% of global production. Belgium, Japan, Malaysia, Indonesia, the Netherlands, Nigeria, Mexico, Iran, Thailand and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms to Sri Lanka?

In value terms, Taiwan Chinese), South Korea and Malaysia constituted the largest abs copolymers suppliers to Sri Lanka, with a combined 93% share of total imports.

What are the leading importers of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms from Sri Lanka?

In value terms, South Korea remains the key foreign market for abs copolymers exports from Sri Lanka.

What is the average export price for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in Sri Lanka?

In 2020, the average abs copolymers export price amounted to $2,021 per ton, with an increase of 33% against the previous year.

What is the average import price for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in Sri Lanka?

The average abs copolymers import price stood at $1,557 per ton in 2020, with a decrease of -7.9% against the previous year.

This report provides an in-depth analysis of the abs copolymers 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 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, 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.

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