Report Update Nov 1, 2024

Sri Lanka - Saturated Acyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in Sri Lanka

The Sri Lankan saturated acyclic hydrocarbons market expanded slightly to $X in 2022, picking up by 2.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a prominent increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Saturated Acyclic Hydrocarbons Exports

Exports from Sri Lanka

In 2022, the amount of saturated acyclic hydrocarbons exported from Sri Lanka dropped notably to X kg, with a decrease of -61.5% against the previous year. In general, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 706%. As a result, the exports reached the peak of X kg. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, saturated acyclic hydrocarbons exports contracted markedly to $X in 2022. Overall, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of 1,001%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Kenya (X kg) was the main destination for saturated acyclic hydrocarbons exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kenya was relatively modest.

In value terms, Kenya ($X) emerged as the key foreign market for saturated acyclic hydrocarbons exports from Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value to Kenya was relatively modest.

Export Prices by Country

The average saturated acyclic hydrocarbons export price stood at $X per ton in 2022, shrinking by -4.9% against the previous year. Over the period under review, the export price, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 859%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Kenya.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +19.6% per year.

Saturated Acyclic Hydrocarbons Imports

Imports into Sri Lanka

In 2022, purchases abroad of saturated acyclic hydrocarbons decreased by -13.1% to X tons, falling for the second consecutive year after four years of growth. In general, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2019 when imports increased by 80%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, saturated acyclic hydrocarbons imports expanded significantly to $X in 2022. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.4% against 2016 indices. The most prominent rate of growth was recorded in 2019 with an increase of 44% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

Singapore (X tons), Romania (X tons) and China (X tons) were the main suppliers of saturated acyclic hydrocarbons imports to Sri Lanka, together accounting for 77% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +36.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), China ($X) and Romania ($X) constituted the largest saturated acyclic hydrocarbons suppliers to Sri Lanka, together comprising 77% of total imports.

China, with a CAGR of +43.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average saturated acyclic hydrocarbons import price stood at $X per ton in 2022, surging by 30% against the previous year. In general, the import price, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2016 when the average import price increased by 53% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%), 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 saturated acyclic hydrocarbons in the world?

The countries with the highest volumes of saturated acyclic hydrocarbons consumption in 2021 were Russia, China and India, with a combined 54% share of global consumption. Canada, the United States, Qatar, Mexico, Finland, Japan, Spain, Brazil and Sweden lagged somewhat behind, together comprising a further 31%.

What are the largest producers of saturated acyclic hydrocarbons in the world?

The countries with the highest volumes of saturated acyclic hydrocarbons production in 2021 were Russia, the United States and China, together comprising 72% of global production.

What are the leading suppliers of saturated acyclic hydrocarbons to Sri Lanka?

In value terms, Singapore, Thailand and China were the largest saturated acyclic hydrocarbons suppliers to Sri Lanka, together accounting for 75% of total imports. India and South Korea lagged somewhat behind, together comprising a further 12%.

What are the leading importers of saturated acyclic hydrocarbons from Sri Lanka?

In value terms, the largest markets for saturated acyclic hydrocarbons exported from Sri Lanka were Slovenia $28) and Maldives $18).

What is the average export price for saturated acyclic hydrocarbons in Sri Lanka?

In 2021, the average saturated acyclic hydrocarbons export price amounted to $3,833 per ton, declining by -41% against the previous year.

What is the average import price for saturated acyclic hydrocarbons in Sri Lanka?

The average saturated acyclic hydrocarbons import price stood at $1,351 per ton in 2021, surging by 9.2% against the previous year.

This report provides an in-depth analysis of the saturated acyclic hydrocarbons 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 20141120 - Saturated acyclic hydrocarbons

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