Sri Lanka: Register Book Market 2025

Register Book Market Size in Sri Lanka

The Sri Lankan register book market contracted slightly to $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Register Book Production in Sri Lanka

In value terms, register book production dropped slightly to $X in 2022 estimated in export price. In general, the total production indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.0% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of 69% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Register Book Exports

Exports from Sri Lanka

After three years of decline, shipments abroad of registers, account books, order books and receipt books increased by 5.2% to X tons in 2022. In general, exports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2018 with an increase of 1,525%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, register book exports surged to $X in 2022. Overall, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by 1,623%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Maldives (X tons) was the main destination for register book exports from Sri Lanka, with a 43% share of total exports. Moreover, register book exports to Maldives exceeded the volume sent to the second major destination, South Korea (X tons), twofold. Italy (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Maldives amounted to -13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+33.2% per year) and Italy (+75.0% per year).

In value terms, Maldives ($X), South Korea ($X) and Italy ($X) appeared to be the largest markets for register book exported from Sri Lanka worldwide, together accounting for 84% of total exports. Belgium, Serbia, the UK, El Salvador, Moldova, Indonesia, Libya and the United States lagged somewhat behind, together accounting for a further 9.9%.

Among the main countries of destination, Serbia, with a CAGR of +2,313.4%, recorded 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

The average register book export price stood at $X per ton in 2022, with an increase of 53% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, register book export price increased by +149.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 63%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+173.3%), while the prices for the other major destinations experienced more modest paces of growth.

Register Book Imports

Imports into Sri Lanka

Register book imports into Sri Lanka dropped notably to X tons in 2022, waning by -19.4% against the previous year. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2013 with an increase of 102% against the previous year. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, register book imports shrank to $X in 2022. Over the period under review, imports saw a deep contraction. The pace of growth was the most pronounced in 2013 when imports increased by 158% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest register book supplier to Sri Lanka, accounting for a 61% share of total imports. Moreover, register book imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fivefold. The third position in this ranking was taken by Malaysia (X tons), with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-15.7% per year) and Malaysia (+24.9% per year).

In value terms, China ($X) constituted the largest supplier of registers, account books, order books and receipt books to Sri Lanka, comprising 52% of total imports. The second position in the ranking was taken by India ($X), with a 10% share of total imports. It was followed by Italy, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (-12.6% per year) and Italy (+81.1% per year).

Import Prices by Country

In 2022, the average register book import price amounted to $X per ton, rising by 24% against the previous year. Over the period under review, the import price, however, saw a mild reduction. The pace of growth was the most pronounced in 2018 an increase of 30% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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