Report Sri Lanka - P-Xylene - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Sri Lanka - P-Xylene - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: P-Xylene Market 2024

P-Xylene Market Size in Sri Lanka

In 2021, after three years of growth, there was significant decline in the Sri Lankan p-xylene market, when its value decreased by -12% to $X. In general, consumption, however, continues to indicate a remarkable increase. P-xylene consumption peaked at $X in 2020, and then declined in the following year.

P-Xylene Production in Sri Lanka

In value terms, p-xylene production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, showed buoyant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 152%. P-xylene production peaked at $X in 2020, and then shrank in the following year.

P-Xylene Exports

Exports from Sri Lanka

In 2017, exports of p-xylene from Sri Lanka was estimated at X tons, therefore, remained relatively stable against the previous year. Overall, exports recorded a significant expansion. The smallest decline of 99.9% was in 2016. The exports peaked in 2017 and are expected to retain growth in the immediate term.

In value terms, p-xylene exports amounted to $X in 2017. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs in 2017 and are likely to continue growth in the near future.

Exports by Country

Maldives (X tons) was the main destination for p-xylene exports from Sri Lanka, with a approx. 100% share of total exports.

From 2015 to 2017, the average annual rate of growth in terms of volume to Maldives was relatively modest.

From 2015 to 2017, the average annual growth rate of value to Maldives was relatively modest.

Export Prices by Country

In 2017, the average p-xylene export price amounted to $X per ton, almost unchanged from the previous year. Overall, the export price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2016 a decrease of 99.9% against the previous year. The export price peaked at $X per ton in 2015; afterwards, it flattened through to 2017.

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

From 2015 to 2017, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

P-Xylene Imports

Imports into Sri Lanka

In 2021, purchases abroad of p-xylene decreased by -89.4% to X tons, falling for the fourth consecutive year after six years of growth. Overall, imports saw a dramatic decrease. The pace of growth was the most pronounced in 2017 when imports increased by 135%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, p-xylene imports dropped sharply to $X in 2021. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2017 when imports increased by 205% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Oman (X tons) was the main p-xylene supplier to Sri Lanka, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Oman totaled -33.0%.

In value terms, Oman ($X) constituted the largest supplier of p-xylene to Sri Lanka.

From 2012 to 2021, the average annual growth rate of value from Oman stood at -19.8%.

Import Prices by Country

In 2021, the average p-xylene import price amounted to $X per ton, picking up by 12% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2019 an increase of 69%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Oman.

From 2012 to 2021, the rate of growth in terms of prices for Oman amounted to +19.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, South Korea and the United States, together comprising 40% of global consumption.
South Korea constituted the country with the largest volume of p-xylene production, accounting for 21% of total volume. Moreover, p-xylene production in South Korea exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was occupied by the United States, with an 8.5% share.
In value terms, Oman constituted the largest supplier of p-xylene to Sri Lanka.
In 2017, the average p-xylene export price amounted to $1,193 per ton, standing approx. at the previous year.
In 2021, the average p-xylene import price amounted to $1,298 per ton, reducing by -3.5% against the previous year.

This report provides an in-depth analysis of the p-xylene 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 20141245 - p-Xylene

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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