Sri Lanka: Filter Paper Market 2025

Filter Paper Market Size in Sri Lanka

The Sri Lankan filter paper market amounted to $X in 2021, increasing by 9.1% 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, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +12.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +34.9% against 2016 indices. Filter paper consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Filter Paper Exports

Exports from Sri Lanka

In 2021, approx. X tons of filter paper and paperboard cut to shape were exported from Sri Lanka; with an increase of 61% on the previous year's figure. In general, exports posted a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 184% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, filter paper exports soared to $X in 2021. Over the period under review, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 250%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the near future.

Exports by Country

India (X tons) was the main destination for filter paper exports from Sri Lanka, with a 47% share of total exports. Moreover, filter paper exports to India exceeded the volume sent to the second major destination, Nigeria (X tons), threefold. The third position in this ranking was taken by Myanmar (X tons), with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to India totaled +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+49.5% per year) and Myanmar (-33.2% per year).

In value terms, India ($X) remains the key foreign market for filter paper and paperboard cut to shape exports from Sri Lanka, comprising 51% of total exports. The second position in the ranking was taken by Nigeria ($X), with a 15% share of total exports. It was followed by the United Arab Emirates, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value to India stood at +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+63.0% per year) and the United Arab Emirates (+17.9% per year).

Export Prices by Country

In 2021, the average filter paper export price amounted to $X per ton, dropping by -14.3% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 49% against the previous year. The export price peaked at $X per ton in 2020, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Myanmar ($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 the United Arab Emirates (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Filter Paper Imports

Imports into Sri Lanka

In 2021, filter paper imports into Sri Lanka stood at X tons, standing approx. at 2020. In general, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +12.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -9.0% against 2017 indices. The pace of growth was the most pronounced in 2013 when imports increased by 198%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, filter paper imports rose notably to $X in 2021. Overall, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +12.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +39.6% against 2016 indices. The pace of growth was the most pronounced in 2013 when imports increased by 166%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of filter paper imports to Sri Lanka, with a combined 87% 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 Spain (with a CAGR of +176.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Spain ($X) constituted the largest filter paper suppliers to Sri Lanka, together accounting for 85% of total imports.

Spain, with a CAGR of +174.3%, saw 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 filter paper import price stood at $X per ton in 2021, growing by 13% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 19%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the UK ($X per ton) and the United States ($X per ton), while the price for China ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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