Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Sri Lanka - 2022

Contents:

1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Sri Lanka (CIF) - 2022
2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Sri Lanka (FOB) - 2022
3. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Sri Lanka
4. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Sri Lanka

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Sri Lanka (CIF) - 2022

In 2022, the average import price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $6,277 per ton, with an increase of 8.2% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the average import price increased by 42% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($18,471 per ton), while the price for India ($3,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+69.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Sri Lanka (FOB) - 2022

The average export price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $11,632 per ton in 2022, reducing by -14.1% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 91% against the previous year. As a result, the export price reached the peak level of $29,837 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($19,471 per ton), while the average price for exports to Costa Rica ($286 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 Sweden (+0.9%), while the prices for the other major destinations experienced a decline.

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Sri Lanka

In 2022, overseas purchases of tarpaulins, awnings and sunblinds of synthetic fibreses decreased by -61.9% to 29 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 178%. As a result, imports attained the peak of 76 tons, and then declined markedly in the following year.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses declined significantly to $182K in 2022. Over the period under review, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 157%. As a result, imports reached the peak of $440K, and then declined dramatically in the following year.

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Sri Lanka in 2022:

1. China (26.9 tons)
2. Netherlands (0.9 tons)
3. Turkey (0.8 tons)

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Sri Lanka

In 2022, the amount of tarpaulins, awnings and sunblinds of synthetic fibreses exported from Sri Lanka fell dramatically to 342 kg, which is down by -99.5% on the year before. In general, exports saw a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 5,461% against the previous year. As a result, the exports attained the peak of 69 tons, and then declined remarkably in the following year.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses declined dramatically to $4K in 2022. Overall, exports recorded a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 4,847%. As a result, the exports reached the peak of $937K, and then declined significantly in the following year.

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from Sri Lanka in 2022:

1. United Kingdom (242.0 kg)
2. United States (70.0 kg)
3. Maldives (8.0 kg)
4. Germany (8.0 kg)
5. Costa Rica (7.0 kg)
6. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform