Sri Lanka - Iron Oxides And Hydroxides - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Sri Lanka - Iron Oxides And Hydroxides - Market Analysis, Forecast, Size, Trends and Insights

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Iron Oxide Pigment Price in Sri Lanka - 2021

Contents:

  1. Iron Oxide Pigment Price in Sri Lanka (CIF) - 2022
  2. Iron Oxide Pigment Price in Sri Lanka (FOB) - 2022
  3. Iron Oxide Pigment Imports in Sri Lanka
  4. Iron Oxide Pigment Exports in Sri Lanka

Iron Oxide Pigment Price in Sri Lanka (CIF) - 2022

In 2022, the average iron oxide pigment import price amounted to $1,046 per ton, shrinking by -8.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 32%. Over the period under review, average import prices reached the peak figure at $1,330 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($2,101 per ton), while the price for Indonesia ($352 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 (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Iron Oxide Pigment Price in Sri Lanka (FOB) - 2022

The average iron oxide pigment export price stood at $693 per ton in 2022, dropping by -57.1% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 31% against the previous year. As a result, the export price reached the peak level of $2,383 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.6% per year.

Iron Oxide Pigment Imports in Sri Lanka

In 2022, supplies from abroad of iron oxide pigments decreased by -43.4% to 1.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year.

In value terms, iron oxide pigment imports declined significantly to $1.9M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 58%. As a result, imports attained the peak of $3.6M, and then dropped markedly in the following year.

Import of Iron Oxide Pigment in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5381,7882,8461,6131.6%
India15.212.224.142.741.1%
Indonesia26.419.530.626.60.3%
Others306459711185-15.4%
Total1,8862,2793,6111,867-0.3%

Top Suppliers of Iron Oxide Pigment to Sri Lanka in 2022:

  1. China (1517.3 tons)
  2. India (106.5 tons)
  3. Indonesia (75.6 tons)

Iron Oxide Pigment Exports in Sri Lanka

In 2022, the amount of iron oxide pigments exported from Sri Lanka dropped remarkably to 300 kg, with a decrease of -90% compared with 2021 figures. Overall, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 8,035% against the previous year. As a result, the exports attained the peak of 3 tons, and then fell rapidly in the following year.

In value terms, iron oxide pigment exports reduced remarkably to $208 in 2022. In general, exports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2021 when exports increased by 7,158% against the previous year. As a result, the exports attained the peak of $4.9K, and then dropped markedly in the following year.

Export of Iron Oxide Pigment in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BangladeshN/AN/AN/A0.20%
China0.4N/AN/AN/A0%
Maldives0.50.14.8N/A209.8%
OthersN/AN/A0.1N/A0%
Total1.00.14.90.2-41.5%

Top Export Markets for Iron Oxide Pigment from Sri Lanka in 2022:

  1. Bangladesh (300.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron oxide pigment 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 20121910 - Iron oxides and hydroxides, earth colours containing .70 % or more by weight of combined iron evaluated as Fe2O3

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Iron Oxides And Hydroxides - Sri Lanka