Report Update Nov 1, 2024

Sri Lanka - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in Sri Lanka

The Sri Lankan cyclic hydrocarbons market reduced rapidly to $X in 2022, with a decrease of X% 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 noticeable contraction. As a result, consumption attained the peak level of $X, and then fell notably in the following year.

Cyclic Hydrocarbons Exports

Exports from Sri Lanka

In 2022, overseas shipments of cyclic hydrocarbons increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, cyclic hydrocarbons exports soared to $X in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Bangladesh (X tons) was the main destination for cyclic hydrocarbons exports from Sri Lanka, accounting for a X% share of total exports. It was followed by Maldives (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Bangladesh stood at X%.

In value terms, Bangladesh ($X) emerged as the key foreign market for cyclic hydrocarbons exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was taken by Maldives ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bangladesh stood at X%.

Export Prices by Country

The average cyclic hydrocarbons export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($X per ton), while the average price for exports to Bangladesh stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (X%), while the prices for the other major destinations experienced a decline.

Cyclic Hydrocarbons Imports

Imports into Sri Lanka

In 2022, the amount of cyclic hydrocarbons imported into Sri Lanka shrank notably to X tons, reducing by X% against the previous year's figure. In general, imports saw a perceptible decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then fell sharply in the following year.

In value terms, cyclic hydrocarbons imports reduced dramatically to $X in 2022. Over the period under review, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell notably in the following year.

Imports by Country

Singapore (X tons), Thailand (X tons) and Kuwait (X tons) were the main suppliers of cyclic hydrocarbons imports to Sri Lanka, with a combined X% share of total imports. India, Taiwan (Chinese), China and South Korea lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cyclic hydrocarbons suppliers to Sri Lanka were Singapore ($X), Thailand ($X) and India ($X), together comprising X% of total imports. Kuwait, Taiwan (Chinese), China and South Korea lagged somewhat behind, together comprising a further X%.

Kuwait, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cyclic hydrocarbons import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($X per ton) and Singapore ($X per ton), while the price for Kuwait ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2022, 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

Frequently Asked Questions (FAQ) :

What are the largest markets for cyclic hydrocarbons in the world?

The countries with the highest volumes of in 2021 were China, South Korea and Japan, together comprising 45% of global consumption.

What are the largest producers of cyclic hydrocarbons in the world?

The countries with the highest volumes of in 2021 were South Korea, Japan and the United States, with a combined 52% share of global production. India, Russia, Saudi Arabia, the Netherlands, Singapore, Thailand, the UK, Indonesia, Canada and Iran lagged somewhat behind, together accounting for a further 30%.

What are the leading suppliers of cyclic hydrocarbons to Sri Lanka?

In value terms, the largest cyclic hydrocarbons suppliers to Sri Lanka were Singapore, Taiwan Chinese) and Thailand, with a combined 48% share of total imports. These countries were followed by India, Kuwait, the United States and South Korea, which together accounted for a further 37%.

What are the leading importers of cyclic hydrocarbons from Sri Lanka?

In value terms, the largest markets for cyclic hydrocarbons exported from Sri Lanka were Canada $314), Maldives $294) and India $49).

What is the average export price for cyclic hydrocarbons in Sri Lanka?

In 2021, the average cyclic hydrocarbons export price amounted to $2,385 per ton, almost unchanged from the previous year.

What is the average import price for cyclic hydrocarbons in Sri Lanka?

The average cyclic hydrocarbons import price stood at $1,443 per ton in 2021, with an increase of 47% against the previous year.

This report provides an in-depth analysis of the cyclic hydrocarbons 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 20141213 - Cyclohexane
Prodcom 20141215 - Cyclanes, cyclenes and cycloterpenes (excluding cyclohexane)
Prodcom 20141223 - Benzene
Prodcom 20141225 - Toluene
Prodcom 20141243 - o-Xylene
Prodcom 20141245 - p-Xylene
Prodcom 20141247 - m-Xylene and mixed xylene isomers
Prodcom 20141250 - Styrene
Prodcom 20141260 - Ethylbenzene
Prodcom 20141270 - Cumene
Prodcom 20141290 - Other cyclic hydrocarbons

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