Report Update Nov 1, 2024

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

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Sri Lanka: Monophenols Market 2024

Monophenols Market Size in Sri Lanka

In 2021, the Sri Lankan monophenols market was finally on the rise to reach $X after three years of decline. Overall, consumption showed a relatively flat trend pattern. Monophenols consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Monophenols Exports

Exports from Sri Lanka

In 2021, shipments abroad of monophenols decreased by -37.9% to X kg, falling for the second year in a row after three years of growth. Over the period under review, exports saw a perceptible reduction. The most prominent rate of growth was recorded in 2017 with an increase of 94%. Over the period under review, the exports reached the maximum at X kg in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, monophenols exports declined to $X in 2021. In general, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2015 when exports increased by 71%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

India (X kg) was the main destination for monophenols exports from Sri Lanka, accounting for a 97% share of total exports. Moreover, monophenols exports to India exceeded the volume sent to the second major destination, Maldives (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to India amounted to -3.9%.

In value terms, India ($X) remains the key foreign market for monophenols exports from Sri Lanka, comprising 98% of total exports. The second position in the ranking was held by Maldives ($X), with a 2.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to India totaled +11.0%.

Export Prices by Country

The average monophenols export price stood at $X per ton in 2021, picking up by 54% against the previous year. Overall, the export price recorded a resilient increase. The pace of growth appeared the most rapid in 2016 an increase of 85% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while the average price for exports to Maldives totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+15.5%).

Monophenols Imports

Imports into Sri Lanka

In 2021, after three years of decline, there was significant growth in overseas purchases of monophenols, when their volume increased by 81% to X tons. Over the period under review, imports continue to indicate a tangible expansion. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, monophenols imports soared to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by 74%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X tons), Indonesia (X tons) and South Korea (X tons) were the main suppliers of monophenols imports to Sri Lanka, with a combined 59% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +8.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of monophenols to Sri Lanka, comprising 30% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 13% share of total imports. It was followed by Indonesia, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+4.0% per year) and Indonesia (+6.3% per year).

Import Prices by Country

The average monophenols import price stood at $X per ton in 2021, dropping by -32.6% against the previous year. In general, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2020 an increase of 59% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank sharply in the following year.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+16.1%), 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 monophenols in the world?

The country with the largest volume of monophenols consumption was China, comprising approx. 27% of total volume. Moreover, monophenols consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of monophenols in the world?

China constituted the country with the largest volume of monophenols production, accounting for 25% of total volume. Moreover, monophenols production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.7% share.

What are the leading suppliers of monophenols to Sri Lanka?

In value terms, the largest monophenols suppliers to Sri Lanka were India, Germany and Taiwan Chinese), with a combined 77% share of total imports.

What are the leading importers of monophenols from Sri Lanka?

In value terms, India remains the key foreign market for monophenols exports from Sri Lanka, comprising 74% of total exports. The second position in the ranking was occupied by Maldives, with a 26% share of total exports.

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

In 2020, the average monophenols export price amounted to $6,668 per ton, approximately reflecting the previous year.

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

The average monophenols import price stood at $4,158 per ton in 2020, rising by 58% against the previous year.

This report provides an in-depth analysis of the monophenols 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 20142410 - Monophenols

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