Price for Acyclic Amides (Including Acyclic Carbamates) and Their Derivatives; Salts Thereof in Sri Lanka - 2022

Price for Acyclic Amides (Including Acyclic Carbamates) and Their Derivatives; Salts Thereof in Sri Lanka (CIF) - 2022

The average import price for acyclic amides (including acyclic carbamates) and their derivatives; salts thereoves stood at $11,333 per ton in 2022, falling by -8.1% against the previous year. Over the period under review, the import price, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2017 an increase of 68% against the previous year. Over the period under review, average import prices reached the peak figure at $14,000 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +3.2% per year.

Imports of Acyclic Amides (Including Acyclic Carbamates) and Their Derivatives; Salts Thereof in Sri Lanka

In 2022, imports of acyclic amides (including acyclic carbamates) and their derivatives; salts thereoves into Sri Lanka amounted to 3 kg, stabilizing at the previous year. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 50%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of acyclic amides (including acyclic carbamates) and their derivatives; salts thereoves declined to $34 in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $37, and then fell in the following year.