Sri Lanka: Market for Organic Surface Active Agents 2025

Market Size for Organic Surface Active Agents in Sri Lanka

For the fifth consecutive year, the Sri Lankan organic surface active agent market recorded growth in sales value, which increased by 10% to $X in 2021. The market value increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Organic surface active agent consumption peaked in 2021 and is likely to see steady growth in the near future.

Exports of Organic Surface Active Agents

Exports from Sri Lanka

In 2021, shipments abroad of organic surface active agents increased by 43% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, exports recorded a remarkable increase. The pace of growth was the most pronounced in 2015 when exports increased by 412% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, organic surface active agent exports surged to $X in 2021. In general, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 when exports increased by 286% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

India (X tons), Vietnam (X tons) and Indonesia (X tons) were the main destinations of organic surface active agent exports from Sri Lanka, with a combined 76% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +58.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for organic surface active agent exported from Sri Lanka were India ($X), Vietnam ($X) and Indonesia ($X), with a combined 73% share of total exports.

Among the main countries of destination, India, with a CAGR of +48.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average organic surface active agent export price amounted to $X per ton, rising by 3.6% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, organic surface active agent export price decreased by -0.4% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 40%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($X per ton), while the average price for exports to Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Surface Active Agents

Imports into Sri Lanka

After four years of growth, supplies from abroad of organic surface active agents decreased by -8.4% to X tons in 2021. Overall, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by 22% against the previous year. Imports peaked at X tons in 2020, and then declined in the following year.

In value terms, organic surface active agent imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) constituted the largest organic surface active agent supplier to Sri Lanka, with a 63% share of total imports. Moreover, organic surface active agent imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. Malaysia (X tons) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume from India stood at +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+31.8% per year) and Malaysia (+12.0% per year).

In value terms, India ($X) constituted the largest supplier of organic surface active agents to Sri Lanka, comprising 56% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by Malaysia, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value from India stood at +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+29.5% per year) and Malaysia (+8.2% per year).

Import Prices by Country

In 2021, the average organic surface active agent import price amounted to $X per ton, rising by 29% against the previous year. In general, the import price, however, showed a slight shrinkage. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform