Report Update Nov 1, 2024

Sri Lanka - Residues of Starch Manufacture - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Starch Manufacture Residues Market 2024

Starch Manufacture Residues Market Size in Sri Lanka

In 2022, the Sri Lankan starch manufacture residues market decreased by -0.6% to $X for the first time since 2013, thus ending a eight-year rising trend. Overall, consumption, however, recorded a prominent increase. Over the period under review, the market reached the maximum level at $X in 2021, and then declined modestly in the following year.

Starch Manufacture Residues Production in Sri Lanka

In value terms, starch manufacture residues production fell modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 21%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Starch Manufacture Residues Exports

Exports from Sri Lanka

For the third consecutive year, Sri Lanka recorded growth in shipments abroad of residues of starch manufacture, which increased by 5.9% to X tons in 2021. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, starch manufacture residues exports expanded significantly to $X in 2021. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Vietnam (X tons) was the main destination for starch manufacture residues exports from Sri Lanka, accounting for a approx. 44% share of total exports.

From 2017 to 2021, the average annual rate of growth in terms of volume to Vietnam was relatively modest.

In value terms, Vietnam ($X) emerged as the key foreign market for residues of starch manufacture exports from Sri Lanka.

From 2017 to 2021, the average annual rate of growth in terms of value to Vietnam was relatively modest.

Export Prices by Country

The average starch manufacture residues export price stood at $X per ton in 2021, with an increase of 3.7% against the previous year. Overall, the export price continues to indicate a measured increase. 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 Vietnam.

From 2017 to 2021, the rate of growth in terms of prices for Vietnam amounted to 0.0% per year.

Starch Manufacture Residues Imports

Imports into Sri Lanka

In 2022, after two years of growth, there was significant decline in purchases abroad of residues of starch manufacture, when their volume decreased by -27.4% to X tons. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 619%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, starch manufacture residues imports dropped modestly to $X in 2022. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 985%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, the United States (X tons) was the main starch manufacture residues supplier to Sri Lanka, accounting for a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +58.1%.

In value terms, the United States ($X) constituted the largest supplier of residues of starch manufacture to Sri Lanka.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +61.5%.

Import Prices by Country

The average starch manufacture residues import price stood at $X per ton in 2022, rising by 32% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 51%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for residues of starch manufacture in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 31% share of global consumption. These countries were followed by Japan, Russia, Pakistan, Germany, Brazil, Indonesia, Bangladesh, France, Mexico and the UK, which together accounted for a further 27%.

What are the largest producers of residues of starch manufacture 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. These countries were followed by Japan, Russia, Germany, Pakistan, Brazil, Bangladesh, Indonesia, France, Mexico and the UK, which together accounted for a further 26%.

What are the leading suppliers of residues of starch manufacture to Sri Lanka?

In value terms, the United States constituted the largest supplier of starch manufacture residues to Sri Lanka, comprising 61% of total imports. The second position in the ranking was occupied by China, with a 25% share of total imports.

What is the average export price for residues of starch manufacture in Sri Lanka?

In 2020, the average starch manufacture residues export price amounted to $774 per ton, standing approx. at the previous year.

What is the average import price for residues of starch manufacture in Sri Lanka?

The average starch manufacture residues import price stood at $568 per ton in 2021, flattening at the previous year.

This report provides an in-depth analysis of the starch manufacture residues 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 10622000 - Residues of starch manufacture and similar residues

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