Report Update Nov 1, 2024

Sri Lanka - Alums - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Alums Market 2024

Alums Market Size in Sri Lanka

The Sri Lankan alums market was estimated at $X in 2022, picking up by 8.5% 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). Overall, consumption showed a significant decline. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Alums Exports

Exports from Sri Lanka

In 2022, shipments abroad of alums decreased by -4% to X kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 435% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, alums exports rose slightly to $X in 2022. In general, exports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 530% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to Maldives stood at -2.8%.

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

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives totaled -1.6%.

Export Prices by Country

In 2022, the average alums export price amounted to $X per ton, with an increase of 8.8% against the previous year. In general, the export price posted a slight expansion. The growth pace was the most rapid in 2014 an increase of 62% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a 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 +1.2% per year.

Alums Imports

Imports into Sri Lanka

In 2022, approx. X tons of alums were imported into Sri Lanka; falling by -34.2% against 2021. In general, imports saw a dramatic slump. The pace of growth appeared the most rapid in 2016 with an increase of 491% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, alums imports soared to $X in 2022. Over the period under review, imports faced a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of 263%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) was the main supplier of alums to Sri Lanka, accounting for a 97% share of total imports. It was followed by China (X kg), with a 2.2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India amounted to -16.0%.

In value terms, India ($X) constituted the largest supplier of alums to Sri Lanka, comprising 97% of total imports. The second position in the ranking was taken by China ($X), with a 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India was relatively modest.

Import Prices by Country

In 2022, the average alums import price amounted to $X per ton, jumping by 197% against the previous year. Overall, the import price showed significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alums in the world?

China constituted the country with the largest volume of alums consumption, comprising approx. 45% of total volume. Moreover, alums consumption in China exceeded the figures recorded by the second-largest consumer, Mexico, fivefold. The Philippines ranked third in terms of total consumption with a 5% share.

What are the largest producers of alums in the world?

China remains the largest alums producing country worldwide, accounting for 59% of total volume. Moreover, alums production in China exceeded the figures recorded by the second-largest producer, Mexico, fivefold. The third position in this ranking was occupied by India, with a 9.7% share.

What are the leading suppliers of alums to Sri Lanka?

In value terms, India constituted the largest supplier of alums to Sri Lanka, comprising 89% of total imports. The second position in the ranking was occupied by China, with a 7.3% share of total imports.

What are the leading importers of alums from Sri Lanka?

In value terms, Maldives $199) remains the key foreign market for alums exports from Sri Lanka.

What is the average export price for alums in Sri Lanka?

In 2021, the average alums export price amounted to $446 per ton, surging by 2.6% against the previous year.

What is the average import price for alums in Sri Lanka?

In 2021, the average alums import price amounted to $150 per ton, rising by 7.1% against the previous year.

This report provides an in-depth analysis of the alums 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 20134173 - Alums

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