Sri Lanka: Lead Market 2025

Lead Market Size in Sri Lanka

In 2022, the Sri Lankan lead market decreased by -7.3% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption continues to indicate a perceptible shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Lead Production in Sri Lanka

In value terms, lead production declined modestly to $X in 2022 estimated in export price. Overall, production saw a mild slump. The pace of growth appeared the most rapid in 2017 when the production volume increased by 39%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Lead Exports

Exports from Sri Lanka

In 2022, approx. X tons of lead were exported from Sri Lanka; which is down by -30.5% against the previous year's figure. Over the period under review, total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +11.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 89%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, lead exports reduced remarkably to $X in 2022. Overall, exports, however, enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2013 with an increase of 93% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for lead exports from Sri Lanka, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to India stood at +7.4%.

In value terms, India ($X) also remains the key foreign market for lead exports from Sri Lanka.

From 2012 to 2022, the average annual growth rate of value to India totaled +7.9%.

Export Prices by Country

In 2022, the average lead export price amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 20% against the previous year. The export price peaked at $X per ton in 2018; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +0.5% per year.

Lead Imports

Imports into Sri Lanka

In 2022, overseas purchases of lead decreased by -70.3% to X tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of 182%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, lead imports reduced remarkably to $X in 2022. In general, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 201%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

India (X tons), Mexico (X tons) and Australia (X kg) were the main suppliers of lead imports to Sri Lanka, with a combined 99% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +322.6%), while purchases for the other leaders experienced a decline.

In value terms, the largest lead suppliers to Sri Lanka were India ($X), Mexico ($X) and Australia ($X), together accounting for 99% of total imports.

Mexico, with a CAGR of +163.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average lead import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 25% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :