Market research

Fibreboard market in Sri Lanka

Fibreboard market in Sri Lanka

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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File format: docx, xlsx

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Earlier Report Observations

The fibreboard market in Sri Lanka, measured in volume, demonstrated consistent growth from 2018 to 2023. Starting at 118.9 thousand m³ in 2018, consumption rose to 149.9 thousand m³ in 2019 and continued upward to reach 175.7 thousand m³ by 2023. The only interruption was a minor contraction to 161.6 thousand m³ in 2022, which was followed by a recovery the next year.

In value terms, the market experienced more volatility. After a period of relative stability from 2018 to 2020, the total market value surged by over 30% in 2021 to reach 38.9 million US dollars. This peak was sustained in 2022 at 41.1 million US dollars before declining to 35.6 million US dollars in 2023.

Over the six-year period, the overall volume of fibreboard consumption increased by nearly 48%, indicating robust demand. The divergence between volume and value trends, particularly the sharp value increase in 2021, suggests significant shifts in product mix, sourcing costs, or pricing dynamics within the market.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In kind
        1. 4.1.1.1. Production, 2018-2023
        2. 4.1.1.2. Imports, 2018-2024
        3. 4.1.1.3. Exports, 2018-2024
        4. 4.1.1.4. Market size, 2018-2023
      2. 4.1.2. In value
        1. 4.1.2.1. Production, 2018-2023
        2. 4.1.2.2. Imports, 2018-2024
        3. 4.1.2.3. Exports, 2018-2024
        4. 4.1.2.4. Market size, 2018-2023
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Sri Lanka
      1. 5.1.1. Annual dynamics of production in Sri Lanka in kind, 2018-2023, K m³
      2. 5.1.2. Annual dynamics of production in Sri Lanka in value, 2018-2023, $ US
    2. 5.2. Global production by Country, 2018-2023
      1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K m³
      2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
      3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K m³
      4. 5.2.4. Structure of production by countries in kind, 2018-2023
      5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
  6. 6. Imports
    1. 6.1. Imports (Direct Data*)
      1. 6.1.1. Imports - Total information
      2. 6.1.2. Imports in kind, m³
        1. 6.1.2.1. Annual dynamics of product's imports to Sri Lanka in kind, 2018-2024, m³
        2. 6.1.2.2. Dynamics of product's imports in kind to Sri Lanka by countries, 2018-2024, m³
        3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.1.3. Imports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Sri Lanka in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Sri Lanka by countries, 2018-2024, K $ US
        3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's imports, $ US/m³
        1. 6.1.4.1. Annual dynamics of average price of product's imports to Sri Lanka, 2018-2024, $ US/m³
        2. 6.1.4.2. Dynamics of average price of product's imports to Sri Lanka by countries, 2018-2024, $ US/m³
    2. 6.2. Imports (Mirror Data)
      1. 6.2.1. Imports - Total information
      2. 6.2.2. Imports in kind, m³
        1. 6.2.2.1. Annual dynamics of product's imports to Sri Lanka in kind, 2018-2024, m³
        2. 6.2.2.2. Dynamics of product's imports in kind to Sri Lanka by countries, 2018-2024, m³
        3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.2.3. Imports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Sri Lanka in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Sri Lanka by countries, 2018-2024, K $ US
        3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's imports, $ US/m³
        1. 6.2.4.1. Annual dynamics of average price of product's imports to Sri Lanka, 2018-2024, $ US/m³
        2. 6.2.4.2. Dynamics of average price of product's imports to Sri Lanka by countries, 2018-2024, $ US/m³
  7. 7. Exports
    1. 7.1. Exports (Direct Data*)
      1. 7.1.1. Exports - Total information
      2. 7.1.2. Exports in kind, m³
        1. 7.1.2.1. Annual dynamics of product's exports from Sri Lanka in kind, 2018-2024, m³
        2. 7.1.2.2. Dynamics of product's exports in kind from Sri Lanka by countries, 2018-2024, m³
        3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.1.3. Exports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Sri Lanka in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Sri Lanka by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's exports, $ US/m³
        1. 7.1.4.1. Annual dynamics of average price of product's exports from Sri Lanka, 2018-2024, $ US/m³
        2. 7.1.4.2. Dynamics of average price of product's exports from Sri Lanka by countries, 2018-2024, $ US/m³
    2. 7.2. Exports (Mirror Data)
      1. 7.2.1. Exports - Total information
      2. 7.2.2. Exports in kind, m³
        1. 7.2.2.1. Annual dynamics of product's exports from Sri Lanka in kind, 2018-2024, m³
        2. 7.2.2.2. Dynamics of product's exports in kind from Sri Lanka by countries, 2018-2024, m³
        3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.2.3. Exports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Sri Lanka in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Sri Lanka by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's exports, $ US/m³
        1. 7.2.4.1. Annual dynamics of average price of product's exports from Sri Lanka, 2018-2024, $ US/m³
        2. 7.2.4.2. Dynamics of average price of product's exports from Sri Lanka by countries, 2018-2024, $ US/m³
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, m³
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, m³
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production fibreboard in Sri Lanka

In kind, 2017-2020, K m³

Top producers of fibreboard, 2017-2020

Source: SHEV.io

World map of production of fibreboard, 2017-2020

Source: SHEV.io

Sri Lanka's fibreboard production remained broadly stable in 2020, with output reaching 150.0 thousand cubic meters. This was essentially unchanged from the previous year. Looking back, the largest decline occurred in 2018 at 0.0%, while the largest increase was also recorded in 2018 at 0.0%.

Annual dynamics of production in Sri Lanka in kind, 2017-2020, K m³

Parameter201820192020CAGR
1Change from last year----
Source: SHEV.io

In value, 2017-2020, K $ US

Sri Lanka's fibreboard production declined for the second consecutive year. In 2020, the value of fibreboard output was 25 534 thousand US dollars, down 6.3% from the previous year. Between 2017 and 2020, production decreased by 3.8%, equating to an annualized rate of 1.3%. The peak value was recorded in 2018 at 32 918 thousand US dollars. The largest decline occurred in 2019 at 17.2%, while the largest increase was in 2018 at 24.0%.

Annual dynamics of production in Sri Lanka in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year24.0%(17.2%)(6.3%)(1.3%)
Source: SHEV.io

Exports fibreboard from Sri Lanka

Exports in kind, m³

Fibreboard exports from Sri Lanka declined for the third consecutive year. In 2020, the country exported 30 605 cubic meters of fibreboard, reflecting a steep loss of 34.7% compared to the previous year. Over the period from 2017 to 2020, exports decreased by 67.8%, with a compound annual growth rate of 31.4%.

Annual dynamics of product's exports from Sri Lanka in kind, 2017-2020, m³

Parameter201820192020CAGR
1Change from last year(28.0%)(31.4%)(34.7%)(31.4%)
Source: SHEV.io

From 2017 to 2020, Pakistan and India were the dominant buyers of fibreboard from Sri Lanka, together accounting for 87.2% of total exports in volume. Other partners formed a less significant portion of the export market.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Sri Lanka in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Fibreboard exports from Sri Lanka declined for the third consecutive year. In 2020, the country exported 5 210 thousand US dollars worth of fibreboard, amounting to a loss of 38.9% compared to 2019. Between 2017 and 2020, exports decreased by 69%, equating to an annualized rate of 32.3%.

Annual dynamics of product's exports from Sri Lanka in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year(10.7%)(43.2%)(38.9%)(32.3%)
Source: SHEV.io

Over the period from 2017 to 2020, Pakistan and India concentrated the majority of Sri Lanka's fibreboard exports in value terms. Other markets formed a less significant perimeter in the export structure.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Sri Lanka in value, 2017-2020

Source: SHEV.io

Imports fibreboard to Sri Lanka

Imports in kind, m³

Sri Lanka imported approximately 37 958 cubic meters of fibreboard in 2020, down 18.8% from a year earlier. Between 2017 and 2020, imports decreased by 45%, equating to an annualized rate of 18.1%. The largest decline was recorded in 2018 at 44.2%, while the largest increase occurred in 2019 at 21.4%.

Annual dynamics of product's imports to Sri Lanka in kind, 2017-2020, m³

Parameter201820192020CAGR
1Change from last year(44.2%)21.4%(18.8%)(18.1%)
Source: SHEV.io

From 2017 to 2020, Malaysia, China, and India continued to head the list of suppliers of fibreboard to Sri Lanka. Malaysia accounted for 35.8% of imports in volume, China for 30.1%, and India for 17.5%, jointly taking 83.4% of total imports.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Sri Lanka in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

The volume of fibreboard imports into Sri Lanka declined for the third consecutive year. In 2020, the country imported 9 469 thousand US dollars worth of fibreboard, indicating a significant reduction of 16.0% year-over-year. Over the period from 2017 to 2020, imports decreased by 36.7%, with a compound annual growth rate of 14.1%.

Annual dynamics of product's imports to Sri Lanka in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year(16.0%)(10.3%)(16.0%)(14.1%)
Source: SHEV.io

Throughout 2017 to 2020, China, Malaysia, and India formed the core of Sri Lanka's fibreboard imports in value terms. China accounted for 31.5% of imports, Malaysia for 28.8%, and India for 19.3%, together taking 79.7% of total import flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Sri Lanka in value, 2017-2020

Source: SHEV.io

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