Sri Lanka: Anti-Oxidising Preparations Market 2024

Anti-Oxidising Preparations Market Size in Sri Lanka

The Sri Lankan anti-oxidising preparations market was estimated at less than $X in 2022, approximately mirroring the previous year. In general, consumption, however, posted a prominent expansion. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Anti-Oxidising Preparations Production in Sri Lanka

In value terms, anti-oxidising preparations production amounted to less than $X in 2022 estimated in export price. In general, production recorded a deep contraction. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Anti-Oxidising Preparations Exports

Exports from Sri Lanka

In 2016, exports of anti-oxidising preparations and other compounds stabilisers for rubber or plastics from Sri Lanka dropped dramatically to X tons, with a decrease of X% compared with 2015. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then shrank dramatically in the following year.

In value terms, anti-oxidising preparations exports dropped modestly to $X in 2016. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

India (X tons) was the main destination for anti-oxidising preparations exports from Sri Lanka, accounting for a approx. X% share of total exports.

From 2012 to 2016, the average annual rate of growth in terms of volume to India totaled X%.

In value terms, India ($X) also remains the key foreign market for anti-oxidising preparations and other compounds stabilisers for rubber or plastics exports from Sri Lanka.

From 2012 to 2016, the average annual growth rate of value to India totaled X%.

Export Prices by Country

In 2016, the average anti-oxidising preparations export price amounted to $X per ton, surging by X% against the previous year. In general, export price indicated a strong increase from 2012 to 2016: its price increased at an average annual rate of X% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, anti-oxidising preparations export price increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2016 and is likely to see steady growth in the immediate term.

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

From 2012 to 2016, the rate of growth in terms of prices for India amounted to X% per year.

Anti-Oxidising Preparations Imports

Imports into Sri Lanka

In 2016, after four years of growth, there was significant decline in purchases abroad of anti-oxidising preparations and other compounds stabilisers for rubber or plastics, when their volume decreased by X% to X tons. In general, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2015, and then shrank significantly in the following year.

In value terms, anti-oxidising preparations imports shrank to $X in 2016. Over the period under review, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2015, and then dropped in the following year.

Imports by Country

In 2016, China (X tons) constituted the largest supplier of anti-oxidising preparations to Sri Lanka, accounting for a X% share of total imports. Moreover, anti-oxidising preparations imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2016, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of anti-oxidising preparations and other compounds stabilisers for rubber or plastics to Sri Lanka, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and India (X% per year).

Import Prices by Country

The average anti-oxidising preparations import price stood at $X per ton in 2016, picking up by X% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2016: its price increased at an average annual rate of X% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, anti-oxidising preparations import price increased by X% against 2013 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2016, amid the top importers, the highest price was recorded for prices from India ($X per ton) and Thailand ($X per ton), while the price for Singapore ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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