Report Update Apr 1, 2024

Sri Lanka - Uncoated Felt Paper and Paperboard - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Uncoated Felt Paper Market 2024

Uncoated Felt Paper Market Size in Sri Lanka

In 2022, the Sri Lankan uncoated felt paper market decreased by -97% to $X, falling for the fifth year in a row after two years of growth. Overall, consumption showed a sharp reduction. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Uncoated Felt Paper Production in Sri Lanka

In value terms, uncoated felt paper production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by 3.7% against the previous year. Uncoated felt paper production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Uncoated Felt Paper Exports

Exports from Sri Lanka

In 2022, shipments abroad of uncoated felt paper and paperboard decreased by -15.2% to X kg for the first time since 2015, thus ending a six-year rising trend. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 751%. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined sharply in the following year.

In value terms, uncoated felt paper exports reduced to $X in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 767%. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Maldives (X kg) was the main destination for uncoated felt paper 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 amounted to +55.2%.

In value terms, Maldives ($X) also remains the key foreign market for uncoated felt paper and paperboard exports from Sri Lanka.

From 2012 to 2022, the average annual growth rate of value to Maldives stood at +31.4%.

Export Prices by Country

The average uncoated felt paper export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 an increase of 898% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat 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 -15.3% per year.

Uncoated Felt Paper Imports

Imports into Sri Lanka

For the fifth consecutive year, Sri Lanka recorded decline in purchases abroad of uncoated felt paper and paperboard, which decreased by -93.3% to X kg in 2022. Overall, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2017 when imports increased by 13,933% against the previous year. As a result, imports reached the peak of X kg. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, uncoated felt paper imports dropped markedly to $X in 2022. Over the period under review, imports faced a sharp setback. The pace of growth was the most pronounced in 2017 with an increase of 18,811% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Hong Kong SAR (X kg) was the main supplier of uncoated felt paper to Sri Lanka, with a 91% share of total imports. Moreover, uncoated felt paper imports from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, India (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Hong Kong SAR stood at -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-12.9% per year) and Belgium (-12.8% per year).

In value terms, Hong Kong SAR ($X) constituted the largest supplier of uncoated felt paper and paperboard to Sri Lanka, comprising 80% of total imports. The second position in the ranking was held by India ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Hong Kong SAR stood at -17.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-24.7% per year) and Belgium (-21.6% per year).

Import Prices by Country

In 2022, the average uncoated felt paper import price amounted to $X per ton, with a decrease of -94.4% against the previous year. Overall, the import price showed a significant decline. The pace of growth appeared the most rapid in 2014 an increase of 84% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Hong Kong SAR ($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 United States (+17.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for uncoated felt paper and paperboard in the world?

The country with the largest volume of uncoated felt paper consumption was Canada, comprising approx. 21% of total volume. Moreover, uncoated felt paper consumption in Canada exceeded the figures recorded by the second-largest consumer, Italy, threefold. The third position in this ranking was held by Indonesia, with a 7.9% share.

What are the largest producers of uncoated felt paper and paperboard in the world?

The countries with the highest volumes of production in 2022 were Indonesia, the United States and Canada, with a combined 68% share of global production. The Czech Republic, Italy, the United Arab Emirates and Russia lagged somewhat behind, together accounting for a further 21%.

What are the leading suppliers of uncoated felt paper and paperboard to Sri Lanka?

In value terms, Hong Kong SAR $16) constituted the largest supplier of uncoated felt paper and paperboard to Sri Lanka, comprising 80% of total imports. The second position in the ranking was taken by India $3), with a 15% share of total imports.

What are the leading importers of uncoated felt paper and paperboard from Sri Lanka?

In value terms, Maldives remains the key foreign market for uncoated felt paper and paperboard exports from Sri Lanka.

What is the average export price for uncoated felt paper and paperboard in Sri Lanka?

In 2022, the average uncoated felt paper export price amounted to $1,309 per ton, remaining relatively unchanged against the previous year.

What is the average import price for uncoated felt paper and paperboard in Sri Lanka?

The average uncoated felt paper import price stood at $909 per ton in 2022, reducing by -94.4% against the previous year.

This report provides an in-depth analysis of the uncoated felt paper 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 17124360 - Uncoated felt paper and paperboard in rolls or sheets

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
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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