Sri Lanka: Market for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 2024

Market Size for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Sri Lanka

The Sri Lankan market for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 declined markedly to $X in 2022, which is down by X% 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 recorded a slight curtailment. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Exports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2

Exports from Sri Lanka

In 2022, approx. X tons of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 were exported from Sri Lanka; waning by X% against the year before. Overall, exports saw a abrupt curtailment. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 shrank notably to $X in 2022. Over the period under review, exports showed a deep setback. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kenya (X tons) was the main destination for exports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 from Sri Lanka, accounting for a X% share of total exports. Moreover, exports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 to Kenya exceeded the volume sent to the second major destination, Ethiopia (X tons), fourfold. Maldives (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Kenya stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (X% per year) and Maldives (X% per year).

In value terms, Kenya ($X) emerged as the key foreign market for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was taken by Ethiopia ($X), with an X% share of total exports. It was followed by Maldives, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Kenya totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (X% per year) and Maldives (X% per year).

Export Prices by Country

In 2022, the average export price for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 increased by X% against 2019 indices. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Jordan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2

Imports into Sri Lanka

In 2022, approx. X tons of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 were imported into Sri Lanka; which is down by X% against 2021. Overall, imports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports of attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 reduced to $X in 2022. In general, imports showed a slight downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) constituted the largest graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 supplier to Sri Lanka, with a X% share of total imports. Moreover, imports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 from India exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), twofold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and China (X% per year).

In value terms, India ($X) constituted the largest supplier of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 to Sri Lanka, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and China (X% per year).

Import Prices by Country

The average import price for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Slovenia ($X per ton) and Indonesia ($X per ton), while the price for Thailand ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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