Sri Lanka: Assembled Parquet Panels Market 2024

Assembled Parquet Panels Market Size in Sri Lanka

The Sri Lankan assembled parquet panels market reduced to $X in 2022, shrinking by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Assembled parquet panels consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Assembled Parquet Panels Production in Sri Lanka

In value terms, assembled parquet panels production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Assembled Parquet Panels Exports

Exports from Sri Lanka

In 2022, after three years of growth, there was significant decline in shipments abroad of assembled parquet panels, when their volume decreased by X% to X square meters. Overall, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2021, and then shrank in the following year.

In value terms, assembled parquet panels exports dropped to $X in 2022. Over the period under review, exports recorded a slight contraction. The growth pace was the most rapid in 2014 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Maldives (X square meters) was the main destination for assembled parquet panels exports from Sri Lanka, with a X% share of total exports. It was followed by the UK (X square meters), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Maldives stood at X%.

In value terms, Maldives ($X) emerged as the key foreign market for assembled parquet panels exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Maldives amounted to X%.

Export Prices by Country

The average assembled parquet panels export price stood at $X per square meter in 2022, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per square meter), while the average price for exports to Maldives amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced a decline.

Assembled Parquet Panels Imports

Imports into Sri Lanka

In 2022, assembled parquet panels imports into Sri Lanka reduced markedly to X square meters, with a decrease of X% against the year before. Overall, imports, however, showed a notable expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at X square meters in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, assembled parquet panels imports reduced rapidly to $X in 2022. In general, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

China (X square meters), Indonesia (X square meters) and India (X square meters) were the main suppliers of assembled parquet panels imports to Sri Lanka, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest assembled parquet panels suppliers to Sri Lanka were China ($X), Indonesia ($X) and India ($X), with a combined X% share of total imports.

Among the main suppliers, India, with a CAGR of X%, recorded the highest growth rate of 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

The average assembled parquet panels import price stood at $X per square meter in 2022, falling by X% against the previous year. In general, the import price, however, showed strong growth. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The import price peaked at $X per square meter in 2018; however, from 2019 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 Germany ($X per square meter), while the price for Japan ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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