Report Update Nov 1, 2024

Sri Lanka - Polycarbonates (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Polycarbonate Market 2024

Polycarbonate Exports

Exports from Sri Lanka

In 2022, overseas shipments of polycarbonates (in primary forms) decreased by -98.5% to X kg, falling for the third consecutive year after six years of growth. Over the period under review, exports showed a slight downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 477% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, polycarbonate exports declined markedly to $X in 2022. In general, exports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 279% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

China (X kg) was the main destination for polycarbonate exports from Sri Lanka, with a 79% share of total exports. Moreover, polycarbonate exports to China exceeded the volume sent to the second major destination, Maldives (X kg), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +89.0%.

In value terms, Maldives ($X) emerged as the key foreign market for polycarbonates (in primary forms) exports from Sri Lanka, comprising 84% of total exports. The second position in the ranking was held by China ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives amounted to +65.4%.

Export Prices by Country

In 2022, the average polycarbonate export price amounted to $X per ton, jumping by 121% against the previous year. Over the period under review, the export price, however, saw a pronounced descent. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($X per ton), while the average price for exports to China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-2.8%), while the prices for the other major destinations experienced a decline.

Polycarbonate Imports

Imports into Sri Lanka

In 2022, imports of polycarbonates (in primary forms) into Sri Lanka shrank to X tons, with a decrease of -12.9% against the previous year's figure. In general, imports showed a mild curtailment. The pace of growth appeared the most rapid in 2015 when imports increased by 53% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, polycarbonate imports rose remarkably to $X in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 42% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest polycarbonate supplier to Sri Lanka, accounting for a 71% share of total imports. Moreover, polycarbonate imports from Thailand exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), sixfold. China (X tons) ranked third in terms of total imports with a 9% share.

From 2012 to 2022, the average annual growth rate of volume from Thailand amounted to +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+1.4% per year) and China (+57.6% per year).

In value terms, Thailand ($X) constituted the largest supplier of polycarbonates (in primary forms) to Sri Lanka, comprising 73% of total imports. The second position in the ranking was taken by China ($X), with a 9.3% share of total imports. It was followed by Taiwan (Chinese), with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand stood at +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+57.6% per year) and Taiwan (Chinese) (+1.8% per year).

Import Prices by Country

In 2022, the average polycarbonate import price amounted to $X per ton, growing by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+9.5%), 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 polycarbonates (in primary forms) in the world?

The country with the largest volume of polycarbonate consumption was India, comprising approx. 35% of total volume. Moreover, polycarbonate consumption in India exceeded the figures recorded by the second-largest consumer, South Korea, threefold. The third position in this ranking was occupied by China, with a 12% share.

What are the largest producers of polycarbonates (in primary forms) in the world?

The countries with the highest volumes of in 2021 were India, South Korea and the United States, with a combined 63% share of global production.

What are the leading suppliers of polycarbonates (in primary forms) to Sri Lanka?

In value terms, Thailand constituted the largest supplier of polycarbonate to Sri Lanka, comprising 45% of total imports. The second position in the ranking was occupied by China, with an 11% share of total imports. It was followed by Taiwan Chinese), with a 10% share.

What is the average import price for polycarbonates (in primary forms) in Sri Lanka?

The average polycarbonate import price stood at $2,310 per ton in 2021, increasing by 7.7% against the previous year.

This report provides an in-depth analysis of the polycarbonate 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 20164040 - Polycarbonates, in primary forms

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