Sri Lanka: Graphic Papers Market 2025

Graphic Papers Market Size in Sri Lanka

The Sri Lankan graphic papers market contracted to $X in 2022, declining by -12.1% against the previous year. Over the period under review, consumption continues to indicate a slight decrease. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Graphic Papers Production in Sri Lanka

In value terms, graphic papers production reached $X in 2022 estimated in export price. In general, production showed a perceptible decrease. The growth pace was the most rapid in 2013 when the production volume increased by 23% against the previous year. Graphic papers production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Graphic Papers Exports

Exports from Sri Lanka

In 2022, approx. X tons of graphic papers were exported from Sri Lanka; with an increase of 104% compared with the previous year. Over the period under review, exports continue to indicate strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, graphic papers exports skyrocketed to $X in 2022. In general, exports continue to indicate a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Bangladesh (X tons) was the main destination for graphic papers exports from Sri Lanka, with a 67% share of total exports. Moreover, graphic papers exports to Bangladesh exceeded the volume sent to the second major destination, Kenya (X tons), sixfold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 9% share.

From 2012 to 2022, the average annual growth rate of volume to Bangladesh amounted to +19.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+72.2% per year) and the United Arab Emirates (+81.4% per year).

In value terms, Bangladesh ($X) remains the key foreign market for graphic papers exports from Sri Lanka, comprising 59% of total exports. The second position in the ranking was taken by Kenya ($X), with a 20% share of total exports. It was followed by the United Arab Emirates, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bangladesh totaled +25.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+83.6% per year) and the United Arab Emirates (+63.9% per year).

Export Prices by Country

In 2022, the average graphic papers export price amounted to $X per ton, picking up by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 30%. The export price peaked in 2022 and is expected to retain growth in years to come.

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 Kenya ($X per ton), while the average price for exports to Turkey ($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 Pakistan (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Graphic Papers Imports

Imports into Sri Lanka

Graphic papers imports into Sri Lanka reduced notably to X tons in 2022, waning by -36.3% against 2021. Over the period under review, imports recorded a perceptible slump. The pace of growth was the most pronounced in 2014 when imports increased by 34%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, graphic papers imports reduced slightly to $X in 2022. Overall, imports recorded a slight setback. The growth pace was the most rapid in 2014 with an increase of 41% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and Indonesia (X tons) were the main suppliers of graphic papers imports to Sri Lanka, together accounting for 78% of total imports. Finland, Norway, Canada, Thailand, Russia, Malaysia, South Korea, Australia and Sweden lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +15.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Indonesia ($X) constituted the largest graphic papers suppliers to Sri Lanka, together comprising 72% of total imports.

China, with a CAGR of +13.3%, recorded the highest growth rate of the value of imports, among 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 graphic papers import price stood at $X per ton in 2022, growing by 52% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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