Report Update Nov 1, 2024

Sri Lanka - Extracts of Glands or Other Organs or of Their Secretions - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Organ Extracts Market 2024

Organ Extracts Market Size in Sri Lanka

The Sri Lankan organ extracts market surged to $X in 2021, growing by 45% 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). Overall, consumption, however, continues to indicate a deep reduction. Organ extracts consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Organ Extracts Exports

Exports from Sri Lanka

In 2021, the amount of extracts of glands or other organs or of their secretions exported from Sri Lanka fell remarkably to X kg, waning by -20% on 2020 figures. Overall, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 when exports increased by 1,300%. As a result, the exports attained the peak of X kg. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, organ extracts exports skyrocketed to $X in 2021. In general, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 3,795%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia (X kg) and Egypt (X kg) were the main destinations of organ extracts exports from Sri Lanka.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of 0.0%).

In value terms, Yemen ($X) remains the key foreign market for extracts of glands or other organs or of their secretions exports from Sri Lanka, comprising 95% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 1% share of total exports. It was followed by Egypt, with a 1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Yemen stood at +21.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (0.0% per year) and Egypt (-29.3% per year).

Export Prices by Country

The average organ extracts export price stood at $X per ton in 2021, surging by 78% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 1,131% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Yemen ($X per ton), while the average price for exports to China ($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 South Korea (+141.5%), while the prices for the other major destinations experienced more modest paces of growth.

Organ Extracts Imports

Imports into Sri Lanka

In 2021, after two years of decline, there was significant growth in purchases abroad of extracts of glands or other organs or of their secretions, when their volume increased by 35% to X kg. Over the period under review, imports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of 1,400%. Imports peaked at X kg in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, organ extracts imports soared to $X in 2021. In general, imports, however, showed a dramatic downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 207% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the UK (X kg) was the main organ extracts supplier to Sri Lanka, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK totaled -9.2%.

In value terms, the UK ($X) constituted the largest supplier of extracts of glands or other organs or of their secretions to Sri Lanka, comprising 98% of total imports. The second position in the ranking was held by the United States ($X), with a 1.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the UK amounted to -19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-23.8% per year) and India (-41.6% per year).

Import Prices by Country

In 2021, the average organ extracts import price amounted to $X per ton, with an increase of 32% against the previous year. Over the period under review, the import price, however, showed a deep slump. The growth pace was the most rapid in 2014 when the average import price increased by 217% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+28.7%), 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 extracts of glands or other organs or of their secretions in the world?

Germany constituted the country with the largest volume of organ extracts consumption, accounting for 92% of total volume. It was followed by the United States, with a 2.6% share of total consumption.

What are the largest producers of extracts of glands or other organs or of their secretions in the world?

The countries with the highest volumes of organ extracts production in 2021 were the United States, Austria and Cuba, together accounting for 72% of global production. These countries were followed by Denmark, Spain, Italy and Australia, which together accounted for a further 20%.

What are the leading suppliers of extracts of glands or other organs or of their secretions to Sri Lanka?

In value terms, India constituted the largest supplier of organ extracts to Sri Lanka.

What is the average import price for extracts of glands or other organs or of their secretions in Sri Lanka?

The average organ extracts import price stood at $29,675 per ton in 2021, growing by 2.2% against the previous year.

This report provides an in-depth analysis of the organ extracts 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 21106020 - Extracts of glands or other organs or of their secretions (for organo-therapeutic uses)

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