Report Update Jun 1, 2025

Sri Lanka - Esters of Methacrylic Acid - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Methacrylic Acid Esters Market 2025

Methacrylic Acid Esters Market Size in Sri Lanka

The Sri Lankan methacrylic acid esters market shrank sharply to $X in 2022, waning by -25.1% 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 continues to indicate a deep downturn. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Methacrylic Acid Esters Imports

Imports into Sri Lanka

In 2022, the amount of esters of methacrylic acid imported into Sri Lanka dropped significantly to X tons, falling by -23.7% against 2021. In general, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 94%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, methacrylic acid esters imports fell markedly to $X in 2022. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 146%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest methacrylic acid esters supplier to Sri Lanka, accounting for a 58% share of total imports. Moreover, methacrylic acid esters imports from Thailand exceeded the figures recorded by the second-largest supplier, Singapore (X tons), threefold. The third position in this ranking was held by China (X tons), with a 19% share.

From 2012 to 2022, the average annual growth rate of volume from Thailand totaled +26.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+3.1% per year) and China (-6.5% per year).

In value terms, Thailand ($X) constituted the largest supplier of esters of methacrylic acid to Sri Lanka, comprising 65% of total imports. The second position in the ranking was held by China ($X), with a 20% share of total imports. It was followed by Singapore, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Thailand totaled +28.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.0% per year) and Singapore (-0.3% per year).

Import Prices by Country

The average methacrylic acid esters import price stood at $X per ton in 2022, which is down by -2.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 27%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.3%), 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 esters of methacrylic acid in the world?

The countries with the highest volumes of methacrylic acid esters consumption in 2020 were China, Singapore and the United States, with a combined 30% share of global consumption.

What are the largest producers of esters of methacrylic acid in the world?

The countries with the highest volumes of methacrylic acid esters production in 2020 were Singapore, the UK and the United States, with a combined 46% share of global production. These countries were followed by Japan, Saudi Arabia, Thailand and Germany, which together accounted for a further 45%.

What are the leading suppliers of esters of methacrylic acid to Sri Lanka?

In value terms, the largest methacrylic acid esters suppliers to Sri Lanka were China, Singapore and Thailand, together accounting for 94% of total imports.

What is the average export price for esters of methacrylic acid in Sri Lanka?

The average methacrylic acid esters export price stood at $2,484 per ton in 2015, approximately equating the previous year.

What is the average import price for esters of methacrylic acid in Sri Lanka?

In 2020, the average methacrylic acid esters import price amounted to $1,937 per ton, with a decrease of -11.6% against the previous year.

This report provides an in-depth analysis of the methacrylic acid esters 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 20143340 - Esters of methacrylic acid

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 THE 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 TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and its Prospects
1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
5. MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

Finding New Products to Diversify Your Business
- This Chapter is Available Only for the Professional EditionPRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCTS
4. MOST TRADED PRODUCTS
5. MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
- This Chapter is Available Only for the Professional EditionPRO
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 Export
- This Chapter is Available Only for the Professional EditionPRO
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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS

The Largest Import Supplying Countries
1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS

The Largest Destinations for Exports
1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
- This Chapter is Available Only for the Professional EditionPRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
8. Market Volume Forecast to 2035
9. Market Value Forecast to 2035
10. Market Size and Growth, By Product
11. Average Per Capita Consumption, By Product
12. Exports and Growth, By Product
13. Export Prices and Growth, By Product
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: Historical Data (2012–2024) and Forecast (2025–2035)
22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country, 2012–2024
29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country, 2012–2024