Report Update Nov 1, 2024

Sri Lanka - Worked Slate - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Worked Slate Market 2024

Worked Slate Market Size in Sri Lanka

The Sri Lankan worked slate market reached $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Worked Slate Production in Sri Lanka

In value terms, worked slate production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.5% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 62%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Worked Slate Exports

Exports from Sri Lanka

In 2022, shipments abroad of worked slate increased by 100% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports showed a temperate expansion. The pace of growth appeared the most rapid in 2017 with an increase of 403% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, worked slate exports skyrocketed to $X in 2022. In general, exports, however, saw a slight slump. The most prominent rate of growth was recorded in 2016 with an increase of 505%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Maldives (X tons) was the main destination for worked slate exports from Sri Lanka, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Maldives totaled +3.7%.

In value terms, Maldives ($X) also remains the key foreign market for worked slate exports from Sri Lanka.

From 2012 to 2022, the average annual growth rate of value to Maldives stood at -1.4%.

Export Prices by Country

The average worked slate export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 108% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -4.9% per year.

Worked Slate Imports

Imports into Sri Lanka

After three years of growth, purchases abroad of worked slate decreased by -87.4% to X tons in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 781% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, worked slate imports reduced dramatically to $X in 2022. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2015 with an increase of 551%. Imports peaked at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

In 2022, China (X tons) was the main worked slate supplier to Sri Lanka, with a 99% share of total imports. It was followed by India (X kg), with a 1.3% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at -15.4%.

In value terms, China ($X) constituted the largest supplier of worked slate to Sri Lanka, comprising 97% of total imports. The second position in the ranking was taken by India ($X), with a 0.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -4.4%.

Import Prices by Country

In 2022, the average worked slate import price amounted to $X per ton, with an increase of 81% against the previous year. Overall, the import price posted a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+30.1%), 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 worked slate in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 45% of global consumption.

What are the largest producers of worked slate in the world?

China constituted the country with the largest volume of worked slate production, comprising approx. 28% of total volume. Moreover, worked slate production in China exceeded the figures recorded by the second-largest producer, Spain, twofold. The third position in this ranking was occupied by India, with a 9.5% share.

What are the leading suppliers of worked slate to Sri Lanka?

In value terms, China constituted the largest supplier of worked slate to Sri Lanka, comprising 61% of total imports. The second position in the ranking was occupied by India, with a 27% share of total imports.

What are the leading importers of worked slate from Sri Lanka?

In value terms, Maldives remains the key foreign market for worked slate exports from Sri Lanka.

What is the average export price for worked slate in Sri Lanka?

The average worked slate export price stood at $599 per ton in 2021, standing approx. at the previous year.

What is the average import price for worked slate in Sri Lanka?

The average worked slate import price stood at $865 per ton in 2021, shrinking by -39.6% against the previous year.

This report provides an in-depth analysis of the worked slate 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 23701280 - Worked slate and articles of slate or of agglomerated slate

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