Sri Lanka - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Ready-Mixed Concrete and Factory Made Mortar in Sri Lanka - 2022
Contents:
- Price for Ready-Mixed Concrete and Factory Made Mortar in Sri Lanka (CIF) - 2022
- Price for Ready-Mixed Concrete and Factory Made Mortar in Sri Lanka (FOB) - 2022
- Imports of Ready-Mixed Concrete and Factory Made Mortar in Sri Lanka
- Exports of Ready-Mixed Concrete and Factory Made Mortar in Sri Lanka
Price for Ready-Mixed Concrete and Factory Made Mortar in Sri Lanka (CIF) - 2022
The average import price for ready-mixed concrete and factory made mortars stood at $366 per ton in 2022, shrinking by -10.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 42%. Over the period under review, average import prices reached the peak figure at $469 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 Spain ($622 per ton), while the price for Thailand ($209 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ready-Mixed Concrete and Factory Made Mortar in Sri Lanka (FOB) - 2022
The average export price for ready-mixed concrete and factory made mortars stood at $324 per ton in 2022, with an increase of 59% against the previous year. Over the period under review, the export price showed modest growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 155%. Over the period under review, the average export prices reached the peak figure at $1,090 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Seychelles ($530 per ton), while the average price for exports to Maldives amounted to $315 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+1.7%).
Imports of Ready-Mixed Concrete and Factory Made Mortar in Sri Lanka
Imports of ready-mixed concrete and factory made mortars into Sri Lanka dropped remarkably to 1.3K tons in 2022, waning by -39.2% on 2021. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. As a result, imports reached the peak of 2.1K tons, and then dropped significantly in the following year.
In value terms, imports of ready-mixed concrete and factory made mortars declined remarkably to $473K in 2022. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 102% against the previous year. As a result, imports reached the peak of $870K, and then declined sharply in the following year.
| Import of Ready-Mixed Concrete and Factory Made Mortar in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 176 | 175 | 263 | 210 | 6.1% |
| India | 20.0 | 29.7 | 283 | 166 | 102.5% |
| China | 33.9 | 7.6 | 5.9 | 42.1 | 7.5% |
| Spain | 0.8 | 1.7 | 8.3 | 16.2 | 172.6% |
| United Arab Emirates | 138 | 41.8 | 70.5 | 14.3 | -53.0% |
| Thailand | 7.4 | 7.8 | 18.1 | 6.9 | -2.3% |
| Vietnam | 16.5 | 8.9 | 1.0 | N/A | -75.4% |
| Others | 209 | 158 | 220 | 17.2 | -56.5% |
| Total | 602 | 430 | 870 | 473 | -7.7% |
Top Suppliers of Ready-Mixed Concrete and Factory Made Mortar to Sri Lanka in 2022:
- Malaysia (586.3 tons)
- India (494.8 tons)
- China (80.0 tons)
- United Arab Emirates (58.3 tons)
- Thailand (33.3 tons)
- Spain (26.1 tons)
Exports of Ready-Mixed Concrete and Factory Made Mortar in Sri Lanka
In 2022, approx. 912 tons of ready-mixed concrete and factory made mortars were exported from Sri Lanka; which is down by -30.8% against the previous year. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 974% against the previous year. As a result, the exports attained the peak of 1.3K tons, and then declined dramatically in the following year.
In value terms, exports of ready-mixed concrete and factory made mortars rose significantly to $296K in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 627%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Ready-Mixed Concrete and Factory Made Mortar in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 33.1 | 36.2 | 201 | 276 | 102.8% |
| Seychelles | 0.2 | 0.8 | 2.9 | 19.7 | 361.8% |
| Others | 6.3 | 0.2 | 65.7 | N/A | 222.9% |
| Total | 39.5 | 37.1 | 269 | 296 | 95.7% |
Top Export Markets for Ready-Mixed Concrete and Factory Made Mortar from Sri Lanka in 2022:
- Maldives (875.2 tons)
- Seychelles (37.3 tons)
This report provides an in-depth analysis of the market for ready-mixed concrete and factory made mortar 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 23631000 - Ready-mixed concrete
- Prodcom 23641000 - Factory made mortars
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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