Sri Lanka - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChili and Pepper Price in Sri Lanka - 2021
Contents:
- Chili and Pepper Price in Sri Lanka (FOB) - 2022
- Chili and Pepper Price in Sri Lanka (CIF) - 2022
- Chili and Pepper Exports in Sri Lanka
- Chili and Pepper Imports in Sri Lanka
Chili and Pepper Price in Sri Lanka (FOB) - 2022
The average chili and pepper export price stood at $3,646 per ton in 2022, with an increase of 8.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2021 when the average export price increased by 12% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($6,046 per ton), while the average price for exports to Maldives ($645 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Chili and Pepper Price in Sri Lanka (CIF) - 2022
In 2022, the average chili and pepper import price amounted to $4,084 per ton, rising by 30% against the previous year. Overall, the import price showed a measured increase. The most prominent rate of growth was recorded in 2015 an increase of 81% against the previous year. As a result, import price attained the peak level of $5,757 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($4,689 per ton), while the price for the Netherlands amounted to $3,296 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Chili and Pepper Exports in Sri Lanka
In 2022, chili and pepper exports from Sri Lanka dropped significantly to 72 tons, shrinking by -81.8% on 2021. In general, exports, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 560%. As a result, the exports attained the peak of 394 tons, and then fell notably in the following year.
In value terms, chili and pepper exports contracted rapidly to $262K in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 640% against the previous year. As a result, the exports reached the peak of $1.3M, and then shrank sharply in the following year.
| Export of Chili and Pepper in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 106 | 105 | 632 | 95.4 | -3.5% |
| Qatar | 12.1 | 19.7 | 360 | 33.8 | 40.8% |
| Saudi Arabia | 18.7 | 23.6 | 132 | 30.5 | 17.7% |
| Oman | 15.5 | 6.7 | 136 | 29.5 | 23.9% |
| Germany | N/A | N/A | N/A | 26.4 | 0% |
| Japan | 2.2 | 7.9 | 6.8 | 20.4 | 110.1% |
| Canada | 33.5 | 1.1 | 9.2 | 7.4 | -39.6% |
| Maldives | 0.8 | 6.4 | 35.6 | 3.0 | 55.4% |
| Others | 11.7 | 8.6 | 11.6 | 15.1 | 8.9% |
| Total | 201 | 179 | 1,324 | 262 | 9.2% |
Top Export Markets for Chili and Pepper from Sri Lanka in 2022:
- United Arab Emirates (17.7 tons)
- Germany (17.4 tons)
- Qatar (9.2 tons)
- Japan (7.3 tons)
- Saudi Arabia (5.1 tons)
- Oman (4.9 tons)
- Maldives (4.6 tons)
- Canada (3.3 tons)
Chili and Pepper Imports in Sri Lanka
In 2022, after two years of decline, there was significant growth in supplies from abroad of chilies and peppers (green), when their volume increased by 2,800% to 15 tons. In general, imports, however, faced a precipitous decline.
In value terms, chili and pepper imports surged to $62K in 2022. Overall, imports, however, continue to indicate a dramatic contraction.
| Import of Chili and Pepper in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | 1.2 | 38.0 | 3066.7% |
| Netherlands | 47.4 | 8.9 | N/A | 22.9 | -21.5% |
| Australia | 9.5 | N/A | N/A | N/A | 0% |
| India | 15.5 | N/A | N/A | N/A | 0% |
| Singapore | 0.8 | 0.4 | N/A | N/A | -50.0% |
| Others | 49.1 | 9.9 | 0.4 | 0.9 | -73.6% |
| Total | 122 | 19.2 | 1.6 | 61.7 | -20.3% |
Top Suppliers of Chili and Pepper to Sri Lanka in 2022:
- United Arab Emirates (8.1 tons)
- Netherlands (6.9 tons)
This report provides an in-depth analysis of the chili and pepper 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 401 - Chillies and peppers (green)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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