Report Update Nov 1, 2024

Sri Lanka - Oleic, Linoleic or Linolenic Acids, Their Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters 2024

Market Size for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters in Sri Lanka

For the fourth consecutive year, the Sri Lankan market for oleic, linoleic or linolenic acids, their salts and esters recorded decline in sales value, which decreased by -6.1% to $X in 2021. Over the period under review, consumption recorded a abrupt shrinkage. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Exports of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters

Exports from Sri Lanka

Oleic, linoleic or linolenic acids exports from Sri Lanka amounted to X kg in 2017, stabilizing at the year before. In general, exports saw a relatively flat trend pattern. The exports peaked in 2017 and are likely to see gradual growth in years to come.

In value terms, oleic, linoleic or linolenic acids exports totaled $X in 2017. Overall, exports saw a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2017 and are likely to continue growth in the immediate term.

Exports by Country

India (X kg) was the main destination for oleic, linoleic or linolenic acids exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2017 to 2017, the average annual growth rate of volume to India was relatively modest.

From 2017 to 2017, the average annual growth rate of value to India was relatively modest.

Imports of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters

Imports into Sri Lanka

Oleic, linoleic or linolenic acids imports into Sri Lanka dropped to X tons in 2021, waning by -11.6% on the previous year. In general, imports faced a deep downturn. The growth pace was the most rapid in 2013 when imports increased by 142% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, oleic, linoleic or linolenic acids imports amounted to $X in 2021. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 87% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Indonesia (X tons) constituted the largest supplier of oleic, linoleic or linolenic acids to Sri Lanka, accounting for a 53% share of total imports. Moreover, oleic, linoleic or linolenic acids imports from Indonesia exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold. The third position in this ranking was held by India (X tons), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Indonesia amounted to +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-9.8% per year) and India (-4.3% per year).

In value terms, the largest oleic, linoleic or linolenic acids suppliers to Sri Lanka were Indonesia ($X), Malaysia ($X) and India ($X), together comprising 77% of total imports.

Indonesia, with a CAGR of +8.6%, recorded 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 a decline.

Import Prices by Country

The average import price for oleic, linoleic or linolenic acids, their salts and esters stood at $X per ton in 2021, surging by 15% against the previous year. In general, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, oleic, linoleic or linolenic acids import price increased by +65.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 37% against the previous year. The import price peaked in 2021 and is likely to continue growth in years to come.

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 China ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.1%), 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 oleic, linoleic or linolenic acids, their salts and esters in the world?

China remains the largest oleic, linoleic or linolenic acids consuming country worldwide, comprising approx. 22% of total volume. Moreover, oleic, linoleic or linolenic acids consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 6.5% share.

What are the largest producers of oleic, linoleic or linolenic acids, their salts and esters in the world?

China remains the largest oleic, linoleic or linolenic acids producing country worldwide, accounting for 25% of total volume. Moreover, oleic, linoleic or linolenic acids production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Italy, with a 6.8% share.

What are the leading suppliers of oleic, linoleic or linolenic acids, their salts and esters to Sri Lanka?

In value terms, India, Indonesia and Malaysia appeared to be the largest oleic, linoleic or linolenic acids suppliers to Sri Lanka, with a combined 76% share of total imports.

What is the average export price for oleic, linoleic or linolenic acids, their salts and esters in Sri Lanka?

The average export price for oleic, linoleic or linolenic acids, their salts and esters stood at $5,551 per ton in 2017, approximately equating the previous year.

What is the average import price for oleic, linoleic or linolenic acids, their salts and esters in Sri Lanka?

The average import price for oleic, linoleic or linolenic acids, their salts and esters stood at $1,659 per ton in 2021, with a decrease of -17.1% against the previous year.

This report provides an in-depth analysis of the market for oleic, linoleic or linolenic acids 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 20143350 - Oleic, linoleic or linolenic acids, their salts and esters

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