Sri Lanka - Beer - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Sri Lanka - Beer - Market Analysis, Forecast, Size, Trends And Insights

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Beer Price in Sri Lanka - 2021

Contents:

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

Beer Price in Sri Lanka (FOB) - 2022

In 2022, the average beer export price amounted to $0.8 per litre, growing by 3.3% against the previous year. Overall, the export price, however, saw a pronounced curtailment. The growth pace was the most rapid in 2021 an increase of 5.6%. The export price peaked at $1.3 per litre in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($1 per litre), while the average price for exports to Qatar ($0.6 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Beer Price in Sri Lanka (CIF) - 2022

In 2022, the average beer import price amounted to $1.5 per litre, increasing by 19% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, beer import price increased by +35.0% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by 25% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($2.3 per litre), while the price for India ($1 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Beer Exports in Sri Lanka

For the fourth consecutive year, Sri Lanka recorded growth in overseas shipments of beer, which increased by 0.5% to 15M litres in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 50% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, beer exports amounted to $12M in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Beer in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda1.22.95.34.454.2%
Sudan1.51.51.21.86.3%
Qatar0.40.71.41.555.4%
Maldives0.90.31.21.16.9%
United Arab Emirates0.50.30.20.711.9%
OmanN/AN/AN/A0.50%
Rwanda0.10.10.30.344.2%
Others1.51.52.01.74.3%
Total6.17.311.612.025.3%

Top Export Markets for Beer from Sri Lanka in 2022:

  1. Uganda (5.4M litres)
  2. Qatar (2.4M litres)
  3. Sudan (2.3M litres)
  4. Maldives (1.6M litres)
  5. United Arab Emirates (0.7M litres)
  6. Oman (0.6M litres)
  7. Rwanda (0.4M litres)

Beer Imports in Sri Lanka

In 2022, supplies from abroad of beer decreased by -67.7% to 251K litres, falling for the second consecutive year after two years of growth. Overall, imports showed a significant decline. The growth pace was the most rapid in 2020 when imports increased by 20% against the previous year. As a result, imports reached the peak of 817K litres. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, beer imports fell remarkably to $384K in 2022. Over the period under review, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 15%. Over the period under review, imports hit record highs at $996K in 2021, and then fell significantly in the following year.

Import of Beer in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands401248255259-13.6%
Hong Kong SAR19.5N/A9.751.538.2%
Denmark1.8N/A0.222.9133.4%
PhilippinesN/AN/AN/A12.30%
Germany9.011.623.811.48.2%
India10.118.313.510.0-0.3%
Singapore11710268.73.1-70.2%
United Arab Emirates69.7504186N/A63.4%
Malaysia12417.3N/AN/A-86.0%
Others49.721.843913.7-34.9%
Total802924996384-21.8%

Top Suppliers of Beer to Sri Lanka in 2022:

  1. Netherlands (156.4K litres)
  2. Hong Kong SAR (49.0K litres)
  3. Denmark (11.3K litres)
  4. India (9.5K litres)
  5. Philippines (9.3K litres)
  6. Germany (6.8K litres)
  7. Singapore (1.4K litres)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the beer 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:

  • FCL 51 - Beer of Barley

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: Beer - Sri Lanka