Report Update Nov 1, 2024

Sri Lanka - Linoleum - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Linoleum Market 2024

Linoleum Market Size in Sri Lanka

In 2021, the Sri Lankan linoleum market was finally on the rise to reach $X after three years of decline. In general, consumption posted a significant increase. Linoleum consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Linoleum Exports

Exports from Sri Lanka

After four years of decline, shipments abroad of linoleum increased by 187% to X square meters in 2021. Over the period under review, exports, however, showed a abrupt decline. Over the period under review, the exports attained the peak figure at X square meters in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, linoleum exports surged to $X in 2021. Overall, exports, however, recorded a pronounced curtailment. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Maldives (X square meters) was the main destination for linoleum exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Maldives totaled -8.5%.

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

From 2012 to 2021, the average annual growth rate of value to Maldives stood at -3.8%.

Export Prices by Country

In 2021, the average linoleum export price amounted to $X per square meter, with an increase of 67% against the previous year. Overall, the export price showed a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Maldives amounted to +5.1% per year.

Linoleum Imports

Imports into Sri Lanka

In 2021, after three years of decline, there was significant growth in supplies from abroad of linoleum, when their volume increased by 32% to X square meters. In general, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2015 when imports increased by 409%. Imports peaked at X square meters in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, linoleum imports skyrocketed to $X in 2021. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2015 when imports increased by 314% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X square meters) constituted the largest linoleum supplier to Sri Lanka, accounting for a 59% share of total imports. Moreover, linoleum imports from India exceeded the figures recorded by the second-largest supplier, Germany (X square meters), threefold. The third position in this ranking was held by Japan (X square meters), with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India amounted to +30.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (0.0% per year) and Japan (-10.7% per year).

In value terms, the largest linoleum suppliers to Sri Lanka were Japan ($X), Germany ($X) and India ($X), together accounting for 81% of total imports.

Japan, with a CAGR of +23.5%, saw the highest rates of growth with regard to the value of imports, in terms of 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 linoleum import price amounted to $X per square meter, picking up by 42% against the previous year. Overall, the import price enjoyed resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Japan ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+46.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for linoleum in the world?

The countries with the highest volumes of linoleum consumption in 2021 were China, the United States and India, together accounting for 49% of global consumption. Russia, Indonesia, Pakistan, Bangladesh, Germany, Turkey, the UK, Egypt, South Korea and Canada lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of linoleum in the world?

The countries with the highest volumes of linoleum production in 2021 were China, the United States and India, with a combined 51% share of global production. These countries were followed by Russia, Indonesia, Pakistan, Bangladesh, the UK, Turkey, Egypt, South Korea, Germany and Canada, which together accounted for a further 26%.

What are the leading suppliers of linoleum to Sri Lanka?

In value terms, India constituted the largest supplier of linoleum to Sri Lanka, comprising 73% of total imports. The second position in the ranking was occupied by Germany, with a 26% share of total imports.

What are the leading importers of linoleum from Sri Lanka?

In value terms, Maldives remains the key foreign market for linoleum exports from Sri Lanka.

What is the average export price for linoleum in Sri Lanka?

The average linoleum export price stood at $8.5 per square meter in 2021, surging by 2.6% against the previous year.

What is the average import price for linoleum in Sri Lanka?

The average linoleum import price stood at $6.9 per square meter in 2021, rising by 15% against the previous year.

This report provides an in-depth analysis of the linoleum 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 22231500 - Linoleum, floor coverings consisting of a coating or covering applied on a textile backing (excluding sheets and plates of linoleum compounds)

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