Report Update Feb 1, 2025

Sri Lanka - Sheet Piling, Shapes and Sections (Of Iron or Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Sheet Piling Market 2025

Sheet Piling Market Size in Sri Lanka

In 2021, the Sri Lankan sheet piling market increased by 6% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption enjoyed a strong increase. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Sheet Piling Exports

Exports from Sri Lanka

Sheet piling exports from Sri Lanka reduced to X tons in 2021, dropping by -8.9% on the year before. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2017 when exports increased by 6,543%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, sheet piling exports fell slightly to $X in 2021. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 3,527%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Singapore (X tons), Bangladesh (X tons) and Malaysia (X tons) were the main destinations of sheet piling exports from Sri Lanka, together accounting for 98% of total exports.

From 2012 to 2021, the biggest increases were recorded for Bangladesh (with a CAGR of +66.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X) remains the key foreign market for sheet piling, shapes and sections (of iron or steel) exports from Sri Lanka, comprising 68% of total exports. The second position in the ranking was held by Singapore ($X), with a 29% share of total exports. It was followed by Malaysia, with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bangladesh totaled +72.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+51.3% per year) and Malaysia (-9.4% per year).

Export Prices by Country

In 2021, the average sheet piling export price amounted to $X per ton, picking up by 6% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 72%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to Maldives ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sheet Piling Imports

Imports into Sri Lanka

In 2021, purchases abroad of sheet piling, shapes and sections (of iron or steel) increased by 12% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 584% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, sheet piling imports dropped to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 375%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Qatar (X tons) was the main sheet piling supplier to Sri Lanka, with a 97% share of total imports. It was followed by Luxembourg (X tons), with a 1.5% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Qatar totaled +41.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (+6.2% per year) and Japan (-23.0% per year).

In value terms, Qatar ($X) constituted the largest supplier of sheet piling, shapes and sections (of iron or steel) to Sri Lanka, comprising 97% of total imports. The second position in the ranking was held by Luxembourg ($X), with a 1.3% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Qatar stood at +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (-20.0% per year) and Japan (-39.1% per year).

Import Prices by Country

The average sheet piling import price stood at $X per ton in 2021, waning by -24% against the previous year. Overall, the import price saw a precipitous setback. The growth pace was the most rapid in 2017 an increase of 5.6% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-21.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sheet piling, shapes and sections (of iron or steel) in the world?

China remains the largest sheet piling consuming country worldwide, comprising approx. 26% of total volume. Moreover, sheet piling consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. Brazil ranked third in terms of total consumption with a 5.4% share.

What are the largest producers of sheet piling, shapes and sections (of iron or steel) in the world?

China remains the largest sheet piling producing country worldwide, comprising approx. 27% of total volume. Moreover, sheet piling production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Brazil, with a 5.6% share.

What are the leading suppliers of sheet piling, shapes and sections (of iron or steel) to Sri Lanka?

In value terms, China, South Korea and Luxembourg constituted the largest sheet piling suppliers to Sri Lanka, together comprising 74% of total imports. India, Singapore, Malaysia and Thailand lagged somewhat behind, together comprising a further 22%.

What are the leading importers of sheet piling, shapes and sections (of iron or steel) from Sri Lanka?

In value terms, the largest markets for sheet piling exported from Sri Lanka were Singapore, South Korea and Maldives, together accounting for 95% of total exports.

What is the average export price for sheet piling, shapes and sections (of iron or steel) in Sri Lanka?

In 2021, the average sheet piling export price amounted to $703 per ton, dropping by -10.7% against the previous year.

What is the average import price for sheet piling, shapes and sections (of iron or steel) in Sri Lanka?

In 2021, the average sheet piling import price amounted to $684 per ton, stabilizing at the previous year.

This report provides an in-depth analysis of the sheet piling 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 24107410 - Sheet piling (of steel)
Prodcom 24107420 - Welded and cold-formed sections (of steel)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024