Report Update Nov 1, 2024

Sri Lanka - Composite Paper and Paperboard - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Composite Paperboard Market 2024

Composite Paperboard Market Size in Sri Lanka

The Sri Lankan composite paperboard market skyrocketed to $X in 2021, increasing by 1,199% 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 saw a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Composite Paperboard Exports

Exports from Sri Lanka

In 2021, the amount of composite paper and paperboard exported from Sri Lanka reduced notably to X tons, with a decrease of -23.5% compared with the year before. Overall, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by 4,142%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, composite paperboard exports shrank rapidly to $X in 2021. Over the period under review, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of 2,881% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for composite paperboard exports from Sri Lanka, with a 72% share of total exports. Moreover, composite paperboard exports to India exceeded the volume sent to the second major destination, the UK (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to India totaled +37.4%.

In value terms, India ($X) remains the key foreign market for composite paper and paperboard exports from Sri Lanka, comprising 77% of total exports. The second position in the ranking was held by the UK ($X), with a 5.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to India totaled +26.3%.

Export Prices by Country

The average composite paperboard export price stood at $X per ton in 2021, rising by 2.7% against the previous year. In general, the export price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 an increase of 52%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (-8.1%), while the prices for the other major destinations experienced a decline.

Composite Paperboard Imports

Imports into Sri Lanka

In 2021, the amount of composite paper and paperboard imported into Sri Lanka surged to X tons, growing by 922% against 2020. Over the period under review, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, composite paperboard imports soared to $X in 2021. In general, imports recorded a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Saudi Arabia (X tons), Sweden (X tons) and Russia (X tons) were the main suppliers of composite paperboard imports to Sri Lanka, with a combined 47% share of total imports. These countries were followed by Thailand, the Netherlands, India, Austria, South Africa, Malaysia and Spain, which together accounted for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +456.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Sweden ($X) and Thailand ($X) were the largest composite paperboard suppliers to Sri Lanka, together accounting for 41% of total imports. Saudi Arabia, Austria, the Netherlands, India, South Africa, Malaysia and Spain lagged somewhat behind, together accounting for a further 38%.

Among the main suppliers, Spain, with a CAGR of +618.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average composite paperboard import price amounted to $X per ton, surging by 1.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2019 an increase of 32%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+29.0%), 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 composite paper and paperboard in the world?

The countries with the highest volumes of composite paperboard consumption in 2020 were China, the U.S. and Russia, with a combined 41% share of global consumption. These countries were followed by Indonesia, Japan, Brazil, Germany, Nigeria, Belgium, Vietnam, Canada, Thailand and Spain, which together accounted for a further 31%.

What are the largest producers of composite paper and paperboard in the world?

The countries with the highest volumes of composite paperboard production in 2020 were China, the Netherlands and the U.S., with a combined 46% share of global production. These countries were followed by Germany, Russia, Indonesia, Japan, Brazil, Nigeria, South Korea, Canada, Vietnam and Spain, which together accounted for a further 34%.

What are the leading suppliers of composite paper and paperboard to Sri Lanka?

In value terms, Sweden constituted the largest supplier of composite paperboard to Sri Lanka, comprising 46% of total imports. The second position in the ranking was occupied by Thailand, with a 12% share of total imports. It was followed by the Netherlands, with a 9.4% share.

What are the leading importers of composite paper and paperboard from Sri Lanka?

In value terms, Maldives remains the key foreign market for composite paperboard exports from Sri Lanka.

What is the average export price for composite paper and paperboard in Sri Lanka?

The average composite paperboard export price stood at $18,485 per ton in 2020, rising by 649% against the previous year.

What is the average import price for composite paper and paperboard in Sri Lanka?

In 2020, the average composite paperboard import price amounted to $788 per ton, falling by -18.4% against the previous year.

This report provides an in-depth analysis of the composite paperboard 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 17127100 - Composite paper and paperboard in rolls or sheets (including strawpaper and paperboard) (excluding surface coated or impregnated)

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