Report Update Nov 1, 2024

Sri Lanka - Fluoropolymers - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Fluoropolymers Market 2024

Fluoropolymers Market Size in Sri Lanka

In 2021, the Sri Lankan fluoropolymers market was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption, however, saw a noticeable shrinkage. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Fluoropolymers Production in Sri Lanka

In value terms, fluoropolymers production rose slightly to $X in 2021 estimated in export price. In general, production, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2016 with an increase of 12%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Fluoropolymers Exports

Exports from Sri Lanka

Fluoropolymers exports from Sri Lanka amounted to X kg in 2019, flattening at the year before. In general, exports continue to indicate a deep downturn. The smallest decline of -18.1% was in 2014. Over the period under review, the exports attained the maximum at X kg in 2013; however, from 2014 to 2019, the exports failed to regain momentum.

In value terms, fluoropolymers exports totaled $X in 2019. Over the period under review, exports saw a abrupt shrinkage. The smallest decline of -12.7% was in 2014. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2019, the exports failed to regain momentum.

Exports by Country

Oman (X kg) was the main destination for fluoropolymers exports from Sri Lanka, with a 99% share of total exports. It was followed by Maldives (X kg), with a 0.8% share of total exports.

From 2013 to 2019, the average annual growth rate of volume to Oman was relatively modest.

From 2013 to 2019, the average annual rate of growth in terms of value to Oman was relatively modest.

Export Prices by Country

The average fluoropolymers export price stood at $X per ton in 2019, almost unchanged from the previous year. Overall, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2014 an increase of 6.6% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2019, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, amid the top suppliers, the country with the highest price was Maldives ($X per ton), while the average price for exports to Oman stood at $X per ton.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+74.3%).

Fluoropolymers Imports

Imports into Sri Lanka

In 2021, purchases abroad of fluoropolymers increased by 324% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 899%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, fluoropolymers imports fell to $X in 2021. Overall, imports saw strong growth. The growth pace was the most rapid in 2016 when imports increased by 291% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Vietnam (X tons) constituted the largest fluoropolymers supplier to Sri Lanka, with a 70% share of total imports. Moreover, fluoropolymers imports from Vietnam exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was taken by Japan (X kg), with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Vietnam was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.7% per year) and Japan (+48.0% per year).

In value terms, the largest fluoropolymers suppliers to Sri Lanka were Vietnam ($X), Japan ($X) and China ($X), together accounting for 78% of total imports.

In terms of the main suppliers, Japan, with a CAGR of +31.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fluoropolymers import price stood at $X per ton in 2021, reducing by -79.9% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 an increase of 161% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-11.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fluoropolymers in the world?

China constituted the country with the largest volume of fluoropolymers consumption, comprising approx. 23% of total volume. Moreover, fluoropolymers consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with an 8.8% share.

What are the largest producers of fluoropolymers in the world?

China remains the largest fluoropolymers producing country worldwide, comprising approx. 27% of total volume. Moreover, fluoropolymers production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 9.2% share.

What are the leading suppliers of fluoropolymers to Sri Lanka?

In value terms, Japan constituted the largest supplier of fluoropolymers to Sri Lanka, comprising 52% of total imports. The second position in the ranking was occupied by China, with a 19% share of total imports. It was followed by Hong Kong SAR, with a 12% share.

What is the average export price for fluoropolymers in Sri Lanka?

The average fluoropolymers export price stood at $14,808 per ton in 2019, therefore, remained relatively stable against the previous year.

What is the average import price for fluoropolymers in Sri Lanka?

The average fluoropolymers import price stood at $22,971 per ton in 2020, rising by 70% against the previous year.

This report provides an in-depth analysis of the fluoropolymers 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 20163060 - Fluoropolymers

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