Report Update Nov 1, 2024

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

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Sri Lanka: Aluminium Hydroxide Market 2024

Aluminium Hydroxide Market Size in Sri Lanka

The Sri Lankan aluminium hydroxide market was estimated at $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Aluminium hydroxide consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Aluminium Hydroxide Production in Sri Lanka

In value terms, aluminium hydroxide production totaled $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by 18%. Aluminium hydroxide production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Aluminium Hydroxide Exports

Exports from Sri Lanka

In 2022, after ten years of growth, there was decline in shipments abroad of aluminium hydroxide, when their volume decreased by -3.8% to X kg. In general, exports, however, showed resilient growth. The growth pace was the most rapid in 2015 with an increase of 22% against the previous year. Over the period under review, the exports attained the peak figure at X kg in 2021, and then contracted in the following year.

In value terms, aluminium hydroxide exports fell to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 23%. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Maldives (X kg) was the main destination for aluminium hydroxide exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Maldives totaled +47.9%.

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

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives stood at +43.1%.

Export Prices by Country

The average aluminium hydroxide export price stood at $X per ton in 2022, dropping by -4% against the previous year. In general, the export price recorded a deep slump. The growth pace was the most rapid in 2016 an increase of 11% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -3.2% per year.

Aluminium Hydroxide Imports

Imports into Sri Lanka

In 2022, after two years of growth, there was significant decline in supplies from abroad of aluminium hydroxide, when their volume decreased by -12.5% to X tons. In general, imports, however, posted strong growth. The pace of growth was the most pronounced in 2013 when imports increased by 113%. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted in the following year.

In value terms, aluminium hydroxide imports contracted to $X in 2022. Over the period under review, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 126%. Over the period under review, imports hit record highs at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of aluminium hydroxide to Sri Lanka, with a 53% share of total imports. Moreover, aluminium hydroxide imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. France (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +38.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+32.2% per year) and France (+7.4% per year).

In value terms, China ($X) constituted the largest supplier of aluminium hydroxide to Sri Lanka, comprising 58% of total imports. The second position in the ranking was taken by France ($X), with a 16% share of total imports. It was followed by India, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +40.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+11.1% per year) and India (+26.7% per year).

Import Prices by Country

The average aluminium hydroxide import price stood at $X per ton in 2022, almost unchanged from the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 24% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then declined 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 Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.5%), 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 aluminium hydroxide in the world?

China remains the largest aluminium hydroxide consuming country worldwide, comprising approx. 15% of total volume. Moreover, aluminium hydroxide consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 3.9% share.

What are the largest producers of aluminium hydroxide in the world?

China remains the largest aluminium hydroxide producing country worldwide, accounting for 15% of total volume. Moreover, aluminium hydroxide production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Brazil, with a 5.1% share.

What are the leading suppliers of aluminium hydroxide to Sri Lanka?

In value terms, the largest aluminium hydroxide suppliers to Sri Lanka were China, France and Germany, together comprising 91% of total imports.

What are the leading importers of aluminium hydroxide from Sri Lanka?

In value terms, Maldives $289) remains the key foreign market for aluminium hydroxide exports from Sri Lanka.

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

In 2021, the average aluminium hydroxide export price amounted to $618 per ton, declining by -3.5% against the previous year.

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

In 2021, the average aluminium hydroxide import price amounted to $730 per ton, increasing by 4.2% against the previous year.

This report provides an in-depth analysis of the aluminium hydroxide 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 20132570 - Aluminium hydroxide

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