Report Update Nov 1, 2024

Sri Lanka - Prepared Baking Powders - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Prepared Baking Powder Market 2024

Prepared Baking Powder Market Size in Sri Lanka

In 2022, the Sri Lankan prepared baking powder market decreased by -0.3% to $X, falling for the second consecutive year after three years of growth. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Prepared baking powder consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Prepared Baking Powder Production in Sri Lanka

In value terms, prepared baking powder production reached $X in 2022 estimated in export price. Overall, production continues to indicate a slight increase. The growth pace was the most rapid in 2020 with an increase of 15%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Prepared Baking Powder Exports

Exports from Sri Lanka

In 2022, the amount of prepared baking powders exported from Sri Lanka skyrocketed to X tons, increasing by 21% compared with the year before. Overall, exports posted a significant increase. The growth pace was the most rapid in 2017 when exports increased by 256%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, prepared baking powder exports surged to $X in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Maldives (X tons) was the main destination for prepared baking powder exports from Sri Lanka, with a approx. 98% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Maldives totaled +28.2%.

In value terms, Maldives ($X) emerged as the key foreign market for prepared baking powders exports from Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives stood at +33.3%.

Export Prices by Country

The average prepared baking powder export price stood at $X per ton in 2022, picking up by 128% against the previous year. Over the period under review, the export price posted a perceptible expansion. As a result, the export price reached 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 Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +4.0% per year.

Prepared Baking Powder Imports

Imports into Sri Lanka

In 2022, overseas purchases of prepared baking powders decreased by -83.6% to X tons, falling for the third year in a row after eight years of growth. In general, imports, however, showed slight growth. The pace of growth was the most pronounced in 2018 when imports increased by 166%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, prepared baking powder imports dropped remarkably to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 213% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest prepared baking powder supplier to Sri Lanka, accounting for a 87% share of total imports. Moreover, prepared baking powder imports from Malaysia exceeded the figures recorded by the second-largest supplier, Singapore (X kg), more than tenfold. The third position in this ranking was held by China (X kg), with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia amounted to +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-17.3% per year) and China (-13.6% per year).

In value terms, Malaysia ($X) constituted the largest supplier of prepared baking powders to Sri Lanka, comprising 79% of total imports. The second position in the ranking was held by Singapore ($X), with an 11% share of total imports. It was followed by India, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Malaysia amounted to +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-12.9% per year) and India (-8.2% per year).

Import Prices by Country

The average prepared baking powder import price stood at $X per ton in 2022, picking up by 27% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 107% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+40.5%), 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 prepared baking powders in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 28% of global consumption. These countries were followed by Japan, Austria, Russia, Pakistan, Brazil, Indonesia, Bangladesh, Nigeria, the Philippines and Mexico, which together accounted for a further 25%.

What are the largest producers of prepared baking powders in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 33% share of global production. Japan, Austria, Russia, Pakistan, Germany, Mexico, Brazil, Thailand, Bangladesh and Turkey lagged somewhat behind, together comprising a further 26%.

What are the leading suppliers of prepared baking powders to Sri Lanka?

In value terms, the largest prepared baking powder suppliers to Sri Lanka were Australia, Thailand and Malaysia, together accounting for 90% of total imports.

What are the leading importers of prepared baking powders from Sri Lanka?

In value terms, Maldives, Bahrain and Australia constituted the largest markets for prepared baking powder exported from Sri Lanka worldwide, together comprising 94% of total exports.

What is the average export price for prepared baking powders in Sri Lanka?

The average prepared baking powder export price stood at $2,755 per ton in 2021, increasing by 13% against the previous year.

What is the average import price for prepared baking powders in Sri Lanka?

In 2021, the average prepared baking powder import price amounted to $1,566 per ton, growing by 2.9% against the previous year.

This report provides an in-depth analysis of the prepared baking powder 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 10891370 - Prepared baking powders

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