Report Update Nov 1, 2024

Sri Lanka - Peroxosulphates (Persulphates) - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Peroxosulphates Market 2024

Peroxosulphates Market Size in Sri Lanka

In 2021, the Sri Lankan peroxosulphates market increased by 16% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +54.6% against 2019 indices. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the near future.

Peroxosulphates Exports

Exports from Sri Lanka

In 2019, after two years of growth, there was significant decline in shipments abroad of peroxosulphates (persulphates), when their volume decreased by -99.5% to X kg. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 384% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018, and then dropped notably in the following year.

In value terms, peroxosulphates exports declined dramatically to $X in 2019. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 352% against the previous year. As a result, the exports reached the peak of $X, and then contracted dramatically in the following year.

Exports by Country

Ghana (X kg) was the main destination for peroxosulphates exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Ghana was relatively modest.

In value terms, Ghana ($X) emerged as the key foreign market for peroxosulphates exports from Sri Lanka.

From 2012 to 2019, the average annual rate of growth in terms of value to Ghana was relatively modest.

Export Prices by Country

The average peroxosulphates export price stood at $X per ton in 2019, rising by 158% against the previous year. Over the period under review, the export price posted a prominent increase. As a result, the export price attained 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 Ghana.

From 2012 to 2019, the rate of growth in terms of prices for Indonesia amounted to +20.6% per year.

Peroxosulphates Imports

Imports into Sri Lanka

In 2021, purchases abroad of peroxosulphates (persulphates) increased by 11% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.1% against 2019 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 70% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, peroxosulphates imports soared to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +40.6% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 57% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the near future.

Imports by Country

China (X tons), Japan (X tons) and Singapore (X kg) were the main suppliers of peroxosulphates imports to Sri Lanka, with a combined 98% share of total imports.

From 2012 to 2021, the biggest increases were in Japan (with a CAGR of +75.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Japan ($X) constituted the largest supplier of peroxosulphates to Sri Lanka, comprising 61% of total imports. The second position in the ranking was held by China ($X), with a 20% share of total imports. It was followed by Singapore, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value from Japan stood at +101.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.8% per year) and Singapore (-3.4% per year).

Import Prices by Country

In 2021, the average peroxosulphates import price amounted to $X per ton, with an increase of 7.9% against the previous year. Over the period under review, the import price, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 45% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for China ($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 (+24.7%), 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 peroxosulphates (persulphates) in the world?

The countries with the highest volumes of in 2021 were South Korea, Taiwan Chinese) and Italy, together accounting for 42% of global consumption. These countries were followed by China, Mexico, Brazil, the United States, Belgium, Thailand, Russia, Canada, the UK and France, which together accounted for a further 35%.

What are the largest producers of peroxosulphates (persulphates) in the world?

The country with the largest volume of peroxosulphates production was China, comprising approx. 46% of total volume. Moreover, peroxosulphates production in China exceeded the figures recorded by the second-largest producer, Japan, twofold. The third position in this ranking was occupied by the United States, with a 17% share.

What are the leading suppliers of peroxosulphates (persulphates) to Sri Lanka?

In value terms, Japan, Singapore and China constituted the largest peroxosulphates suppliers to Sri Lanka, together comprising 91% of total imports.

What is the average export price for peroxosulphates (persulphates) in Sri Lanka?

The average peroxosulphates export price stood at $2,032 per ton in 2019, approximately reflecting the previous year.

What is the average import price for peroxosulphates (persulphates) in Sri Lanka?

In 2021, the average peroxosulphates import price amounted to $2,987 per ton, increasing by 22% against the previous year.

This report provides an in-depth analysis of the peroxosulphates 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 20134175 - Peroxosulphates (persulphates)

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
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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