Report Update Nov 1, 2024

Sri Lanka - Chlorides (Excluding Ammonium Chloride) - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Chlorides Market 2024

Chlorides Market Size in Sri Lanka

The Sri Lankan chlorides market rose markedly to $X in 2021, surging by 12% 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). Over the period under review, consumption showed a buoyant increase. Chlorides consumption peaked in 2021 and is likely to continue growth in the near future.

Chlorides Exports

Exports from Sri Lanka

In 2021, approx. X tons of chlorides (excluding ammonium chloride) were exported from Sri Lanka; surging by 4.6% on the previous year's figure. Over the period under review, exports showed a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of 339% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, chlorides exports shrank to $X in 2021. In general, exports showed a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 245%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

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

From 2012 to 2021, the average annual growth rate of volume to Maldives totaled +61.7%.

In value terms, Maldives ($X) emerged as the key foreign market for chlorides (excluding ammonium chloride) exports from Sri Lanka.

From 2012 to 2021, the average annual rate of growth in terms of value to Maldives amounted to +69.6%.

Export Prices by Country

In 2021, the average chlorides export price amounted to $X per ton, shrinking by -13.9% against the previous year. In general, the export price, however, posted a temperate increase. The growth pace was the most rapid in 2017 when the average export price increased by 385%. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then fell in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Bangladesh amounted to +36.9% per year.

Chlorides Imports

Imports into Sri Lanka

In 2021, the amount of chlorides (excluding ammonium chloride) imported into Sri Lanka totaled X tons, with an increase of 9.2% compared with the year before. Over the period under review, imports posted a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by 107% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, chlorides imports stood at $X in 2021. Overall, imports saw a buoyant expansion. The growth pace was the most rapid in 2017 when imports increased by 93% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of chlorides to Sri Lanka, with a 65% share of total imports. Moreover, chlorides imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Pakistan (X tons), with a 3.9% share.

From 2012 to 2021, the average annual growth rate of volume from India stood at +26.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.0% per year) and Pakistan (+19.1% per year).

In value terms, India ($X) constituted the largest supplier of chlorides (excluding ammonium chloride) to Sri Lanka, comprising 64% of total imports. The second position in the ranking was held by China ($X), with a 25% share of total imports. It was followed by Pakistan, with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India stood at +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.3% per year) and Pakistan (+18.0% per year).

Import Prices by Country

In 2021, the average chlorides import price amounted to $X per ton, growing by 4.4% against the previous year. In general, the import price, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2019 an increase of 18% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (-0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chlorides (excluding ammonium chloride) in the world?

The countries with the highest volumes of chlorides consumption in 2020 were China, France and the United States, together comprising 38% of global consumption.

What are the largest producers of chlorides (excluding ammonium chloride) in the world?

The country with the largest volume of chlorides production was China, comprising approx. 26% of total volume. Moreover, chlorides production in China exceeded the figures recorded by the second-largest producer, France, threefold. The United States ranked third in terms of total production with an 8.9% share.

What are the leading suppliers of chlorides (excluding ammonium chloride) to Sri Lanka?

In value terms, India, China and Pakistan appeared to be the largest chlorides suppliers to Sri Lanka, with a combined 95% share of total imports.

What are the leading importers of chlorides (excluding ammonium chloride) from Sri Lanka?

In value terms, South Korea, Australia and Maldives constituted the largest markets for chlorides exported from Sri Lanka worldwide.

What is the average export price for chlorides (excluding ammonium chloride) in Sri Lanka?

In 2020, the average chlorides export price amounted to $661 per ton, with a decrease of -75.2% against the previous year.

What is the average import price for chlorides (excluding ammonium chloride) in Sri Lanka?

The average chlorides import price stood at $357 per ton in 2020, approximately reflecting the previous year.

This report provides an in-depth analysis of the chlorides 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 20133130 - Chlorides (excluding ammonium chloride)

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