Report Update Nov 1, 2024

Sri Lanka - Industrial Fatty Alcohols - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Industrial Fatty Alcohols Market 2024

Industrial Fatty Alcohols Market Size in Sri Lanka

The Sri Lankan industrial fatty alcohols market dropped rapidly to $X in 2021, reducing by -40.7% 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 continues to indicate a deep setback. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Industrial Fatty Alcohols Exports

Exports from Sri Lanka

After five years of growth, overseas shipments of industrial fatty alcohols decreased by -45.5% to X tons in 2021. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by 495% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, industrial fatty alcohols exports plummeted to $X in 2021. In general, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 153%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for industrial fatty alcohols exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands totaled -9.1%.

In value terms, the Netherlands ($X) also remains the key foreign market for industrial fatty alcohols exports from Sri Lanka.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands totaled +5.9%.

Export Prices by Country

The average industrial fatty alcohols export price stood at $X per ton in 2021, surging by 41% against the previous year. Overall, the export price saw resilient growth. The pace of growth was the most pronounced in 2015 an increase of 199%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2021, the rate of growth in terms of prices for Bangladesh amounted to +87.2% per year.

Industrial Fatty Alcohols Imports

Imports into Sri Lanka

In 2021, approx. X tons of industrial fatty alcohols were imported into Sri Lanka; with a decrease of -54.8% on 2020 figures. Overall, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of 114%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, industrial fatty alcohols imports declined significantly to $X in 2021. In general, imports saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 83% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

India (X tons), Singapore (X tons) and Malaysia (X tons) were the main suppliers of industrial fatty alcohols imports to Sri Lanka, with a combined 72% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +37.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Singapore ($X) and the United States ($X) appeared to be the largest industrial fatty alcohols suppliers to Sri Lanka, together comprising 57% of total imports.

In terms of the main suppliers, Singapore, with a CAGR of +45.8%, recorded the highest rates of growth with regard to 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 industrial fatty alcohols import price stood at $X per ton in 2021, surging by 61% against the previous year. Over the period under review, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 119%. The import price peaked in 2021 and is expected to retain growth in the near future.

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 Germany ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial fatty alcohols in the world?

China constituted the country with the largest volume of industrial fatty alcohols consumption, comprising approx. 20% of total volume. Moreover, industrial fatty alcohols consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.9% share.

What are the largest producers of industrial fatty alcohols in the world?

The countries with the highest volumes of in 2021 were Indonesia, Malaysia and China, together accounting for 38% of global production. The United States, India, Germany, Bangladesh, Brazil, Japan, the Netherlands, Russia, South Africa and the UK lagged somewhat behind, together accounting for a further 41%.

What are the leading suppliers of industrial fatty alcohols to Sri Lanka?

In value terms, India constituted the largest supplier of industrial fatty alcohols to Sri Lanka, comprising 39% of total imports. The second position in the ranking was occupied by the United States, with an 18% share of total imports. It was followed by Germany, with a 17% share.

What is the average export price for industrial fatty alcohols in Sri Lanka?

In 2020, the average industrial fatty alcohols export price amounted to $1,351 per ton, falling by -60.7% against the previous year.

What is the average import price for industrial fatty alcohols in Sri Lanka?

In 2021, the average industrial fatty alcohols import price amounted to $1,788 per ton, with a decrease of -19.1% against the previous year.

This report provides an in-depth analysis of the industrial fatty alcohols 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 20142100 - Industrial fatty alcohols

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