Sri Lanka: Unwrought Lead Market 2021

Unwrought Lead Market Size in Sri Lanka

The Sri Lankan unwrought lead market stood at $X in 2020, increasing by X% against the previous year. Over the period under review, the total consumption indicated a notable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level in 2020 and is expected to retain growth in the near future.

Unwrought Lead Production in Sri Lanka

In value terms, unwrought lead production declined modestly to $X in 2020 estimated in export prices. In general, the total production indicated mild growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Unwrought Lead Exports

Exports from Sri Lanka

In 2020, approx. X tons of unwrought lead were exported from Sri Lanka; falling by -X% against the previous year's figure. Over the period under review, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Exports peaked at X tons in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, unwrought lead exports dropped sharply to $X in 2020. In general, exports saw a deep setback. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2018 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for unwrought lead exports from Sri Lanka, accounting for a X% share of total exports. Moreover, unwrought lead exports to India exceeded the volume sent to the second major destination, South Korea (X tons), tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to India stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-X% per year) and Malaysia (-X% per year).

In value terms, India ($X) remains the key foreign market for unwrought lead exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to India totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-X% per year) and Malaysia (-X% per year).

Export Prices by Country

In 2020, the average unwrought lead export price amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the export price continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2020, the country with the highest price was South Korea ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to India, while the prices for the other major destinations experienced a decline.

Unwrought Lead Imports

Imports into Sri Lanka

In 2020, approx. X tons of unwrought lead were imported into Sri Lanka; growing by X% compared with the year before. Overall, imports, however, continue to indicate a noticeable descent. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2010; however, from 2011 to 2020, imports failed to regain the momentum.

In value terms, unwrought lead imports contracted to $X in 2020. Over the period under review, imports, however, showed a pronounced curtailment. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. From 2011 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of unwrought lead to Sri Lanka, accounting for a X% share of total imports. Moreover, unwrought lead imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), threefold. The third position in this ranking was occupied by India (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+X% per year) and India (+X% per year).

In value terms, China ($X) constituted the largest supplier of unwrought lead to Sri Lanka, comprising X% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+X% per year) and India (+X% per year).

Import Prices by Country

The average unwrought lead import price stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, import price indicated measured growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, unwrought lead import price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Singapore ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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