Report Update Nov 1, 2024

Sri Lanka - Expanded Clays - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Expanded Clays Market 2024

Expanded Clays Market Size in Sri Lanka

The Sri Lankan expanded clays market surged to $X in 2021, rising by 226% 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 continues to indicate a pronounced increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Expanded Clays Exports

Exports from Sri Lanka

After three years of growth, overseas shipments of exfoliated vermiculite, expanded clays and foamed slag decreased by -99% to X kg in 2021. Over the period under review, exports faced a sharp descent. The pace of growth appeared the most rapid in 2019 with an increase of 290% against the previous year. The exports peaked at X kg in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, expanded clays exports contracted rapidly to $X in 2021. Overall, exports faced a significant curtailment. The pace of growth was the most pronounced in 2019 with an increase of 188% against the previous year. The exports peaked at $X in 2020, and then dropped significantly in the following year.

Exports by Country

Maldives (X kg) and Seychelles (X kg) were the main destinations of expanded clays exports from Sri Lanka. Moreover, expanded clays exports in Maldives exceeded the figures recorded by the second-largest exporter, Seychelles, twofold.

From 2012 to 2021, the biggest increases were recorded for Seychelles (with a CAGR of -19.4%).

In value terms, Seychelles ($X) remains the key foreign market for exfoliated vermiculite, expanded clays and foamed slag exports from Sri Lanka, comprising 80% of total exports. The second position in the ranking was taken by Maldives ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Seychelles totaled -20.1%.

Export Prices by Country

The average expanded clays export price stood at $X per ton in 2021, surging by 14% against the previous year. Overall, the export price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2015 an increase of 222%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Seychelles ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+62.9%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Clays Imports

Imports into Sri Lanka

In 2021, imports of exfoliated vermiculite, expanded clays and foamed slag into Sri Lanka surged to X tons, jumping by 178% against the previous year. Overall, imports saw a mild increase. The pace of growth was the most pronounced in 2018 with an increase of 206% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, expanded clays imports skyrocketed to $X in 2021. Over the period under review, imports posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates (X tons), Sweden (X tons) and China (X tons) were the main suppliers of expanded clays imports to Sri Lanka, with a combined 40% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +140.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) constituted the largest supplier of exfoliated vermiculite, expanded clays and foamed slag to Sri Lanka, comprising 34% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 7.7% share of total imports. It was followed by India, with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+127.7% per year) and India (+26.7% per year).

Import Prices by Country

In 2021, the average expanded clays import price amounted to $X per ton, picking up by 123% against the previous year. Over the period under review, the import price posted strong growth. The growth pace was the most rapid in 2016 when the average import price increased by 306% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for exfoliated vermiculite, expanded clays and foamed slag in the world?

China remains the largest expanded clays consuming country worldwide, accounting for 25% of total volume. Moreover, expanded clays consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 10% share.

What are the largest producers of exfoliated vermiculite, expanded clays and foamed slag in the world?

The country with the largest volume of expanded clays production was China, accounting for 26% of total volume. Moreover, expanded clays production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 10% share.

What are the leading suppliers of exfoliated vermiculite, expanded clays and foamed slag to Sri Lanka?

In value terms, China constituted the largest supplier of expanded clays to Sri Lanka, comprising 63% of total imports. The second position in the ranking was occupied by the United States, with a 19% share of total imports.

What are the leading importers of exfoliated vermiculite, expanded clays and foamed slag from Sri Lanka?

In value terms, Australia $493) remains the key foreign market for expanded clays exports from Sri Lanka.

What is the average export price for exfoliated vermiculite, expanded clays and foamed slag in Sri Lanka?

The average expanded clays export price stood at $6,321 per ton in 2020, rising by 239% against the previous year.

What is the average import price for exfoliated vermiculite, expanded clays and foamed slag in Sri Lanka?

The average expanded clays import price stood at $682 per ton in 2020, reducing by -29.8% against the previous year.

This report provides an in-depth analysis of the expanded clays 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 23991920 - Exfoliated vermiculite, expanded clays, foamed slag and similar expanded mineral materials and mixtures thereof

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