Sri Lanka - Kaolin - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSri Lanka: Kaolin Market 2024
Kaolin Market Size in Sri Lanka
In 2021, the Sri Lankan kaolin market increased by 67% to $X, rising for the second consecutive year after four years of decline. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.
Kaolin Production in Sri Lanka
In value terms, kaolin production declined markedly to $X in 2021 estimated in export price. Overall, production faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 207%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.
Kaolin Exports
Exports from Sri Lanka
In 2021, after two years of growth, there was significant decline in overseas shipments of kaolin and kaolinic clays, when their volume decreased by -99.4% to X kg. Overall, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2017 with an increase of 1,171%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, kaolin exports declined sharply to $X in 2021. In general, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 3,069%. As a result, the exports reached the peak of $X, and then contracted significantly in the following year.
Exports by Country
India (X kg) and Japan (X kg) were the main destinations of kaolin exports from Sri Lanka.
From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +17.1%).
In value terms, India ($X) remains the key foreign market for kaolin and kaolinic clays exports from Sri Lanka, comprising 66% of total exports. The second position in the ranking was held by Japan ($X), with a 29% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to India amounted to -32.6%.
Export Prices by Country
The average kaolin export price stood at $X per ton in 2021, growing by 44% against the previous year. Overall, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 163%. The export price peaked in 2021 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was India ($X per ton), while the average price for exports to Japan totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.
Kaolin Imports
Imports into Sri Lanka
In 2021, the amount of kaolin and kaolinic clays imported into Sri Lanka skyrocketed to X tons, rising by 73% compared with the previous year's figure. Overall, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of 84% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.
In value terms, kaolin imports skyrocketed to $X in 2021. In general, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
The UK (X tons), India (X tons) and China (X tons) were the main suppliers of kaolin imports to Sri Lanka, with a combined 62% share of total imports. These countries were followed by Bulgaria, the United States, Vietnam, New Zealand and Malaysia, which together accounted for a further 20%.
From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +24.8%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the UK ($X), China ($X) and India ($X) constituted the largest kaolin suppliers to Sri Lanka, with a combined 67% share of total imports. These countries were followed by the United States, Bulgaria, New Zealand, Malaysia and Vietnam, which together accounted for a further 23%.
Vietnam, with a CAGR of +21.8%, saw 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
In 2021, the average kaolin import price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by 11% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the kaolin 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:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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