Sri Lanka: Textile Tubing Market 2025

Textile Tubing Market Size in Sri Lanka

The Sri Lankan textile tubing market contracted to $X in 2022, shrinking by -5.9% against the previous year. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -6.9% against 2019 indices. Textile tubing consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Textile Tubing Production in Sri Lanka

In value terms, textile tubing production fell slightly to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.0% 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 +2.4% against 2020 indices. The pace of growth was the most pronounced in 2015 with an increase of 88% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Textile Tubing Exports

Exports from Sri Lanka

In 2022, overseas shipments of textile hosepiping and similar textile tubing increased by 648% to X kg, rising for the third consecutive year after five years of decline. Over the period under review, exports showed noticeable growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, textile tubing exports soared to $X in 2022. In general, exports posted resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Jordan (X kg) was the main destination for textile tubing exports from Sri Lanka, accounting for a 75% share of total exports. Moreover, textile tubing exports to Jordan exceeded the volume sent to the second major destination, China (X kg), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Jordan stood at +516.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (0.0% per year) and Seychelles (0.0% per year).

In value terms, Jordan ($X) remains the key foreign market for textile hosepiping and similar textile tubing exports from Sri Lanka, comprising 87% of total exports. The second position in the ranking was held by China ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Jordan totaled +2,077.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (0.0% per year) and Seychelles (0.0% per year).

Export Prices by Country

In 2022, the average textile tubing export price amounted to $X per ton, growing by 197% against the previous year. Over the period under review, the export price recorded a mild expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Seychelles ($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 Jordan (+253.4%), while the prices for the other major destinations experienced mixed trend patterns.

Textile Tubing Imports

Imports into Sri Lanka

After two years of growth, overseas purchases of textile hosepiping and similar textile tubing decreased by -52.8% to X tons in 2022. Over the period under review, imports, however, continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2013 with an increase of 91%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, textile tubing imports dropped rapidly to $X in 2022. Overall, imports, however, continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2013 with an increase of 113% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced sharply in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of textile tubing to Sri Lanka, accounting for a 62% share of total imports. Moreover, textile tubing imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), fourfold. The third position in this ranking was held by India (X tons), with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+15.7% per year) and India (-2.5% per year).

In value terms, the largest textile tubing suppliers to Sri Lanka were China ($X), Malaysia ($X) and the UK ($X), together comprising 66% of total imports. India, the United States, the United Arab Emirates and Taiwan (Chinese) lagged somewhat behind, together comprising a further 17%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +32.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average textile tubing import price amounted to $X per ton, approximately mirroring the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 31%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 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 the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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