Sri Lanka - Fructose And Fructose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFructose Price in Sri Lanka - 2021
Contents:
- Fructose Price in Sri Lanka (CIF) - 2022
- Fructose Price in Sri Lanka (FOB) - 2022
- Fructose Imports in Sri Lanka
- Fructose Exports in Sri Lanka
Fructose Price in Sri Lanka (CIF) - 2022
In 2022, the average fructose import price amounted to $1,527 per ton, growing by 55% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($3,057 per ton), while the price for China ($718 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Fructose Price in Sri Lanka (FOB) - 2022
In 2022, the average fructose export price amounted to $2,738 per ton, falling by -9.9% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fructose export price decreased by -22.5% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 16%. Over the period under review, the average export prices reached the peak figure at $3,534 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,437 per ton), while the average price for exports to Switzerland ($1,898 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 Kuwait (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Fructose Imports in Sri Lanka
For the fourth year in a row, Sri Lanka recorded growth in overseas purchases of fructose and fructose syrup, which increased by 2.1% to 5.8K tons in 2022. The total import volume increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, fructose imports surged to $8.8M in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fructose in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 165 | 206 | 192 | 2,609 | 151.0% |
| Malaysia | 744 | 863 | 869 | 2,072 | 40.7% |
| India | 141 | 121 | 288 | 1,316 | 110.5% |
| Indonesia | 549 | 492 | 507 | 766 | 11.7% |
| Philippines | 467 | 392 | 191 | 492 | 1.8% |
| China | 1,232 | 922 | 650 | 370 | -33.0% |
| Israel | N/A | 161 | 166 | 326 | 42.3% |
| Austria | 422 | 519 | 161 | N/A | -38.2% |
| Others | 827 | 1,388 | 2,531 | 860 | 1.3% |
| Total | 4,546 | 5,065 | 5,557 | 8,811 | 24.7% |
Top Suppliers of Fructose to Sri Lanka in 2022:
- Malaysia (1692.8 tons)
- India (1502.3 tons)
- Singapore (853.4 tons)
- China (515.1 tons)
- Indonesia (344.0 tons)
- Israel (200.0 tons)
- Philippines (176.8 tons)
Fructose Exports in Sri Lanka
In 2022, the amount of fructose and fructose syrup exported from Sri Lanka soared to 980 tons, with an increase of 20% compared with 2021 figures. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 53% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, fructose exports expanded notably to $2.7M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 55% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Fructose in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 437 | 474 | 728 | 558 | 8.5% |
| Canada | 222 | 329 | 190 | 371 | 18.7% |
| United Kingdom | 176 | 231 | 238 | 208 | 5.7% |
| Indonesia | 37.8 | N/A | N/A | 180 | 68.2% |
| France | 120 | 71.2 | 141 | 166 | 11.4% |
| Bulgaria | N/A | 76.3 | 101 | 131 | 31.0% |
| United States | 71.8 | 558 | 325 | 104 | 13.1% |
| Italy | 71.9 | 62.7 | 130 | 102 | 12.4% |
| Germany | 24.4 | 39.5 | 65.5 | 94.0 | 56.8% |
| Maldives | 37.9 | 15.5 | 37.2 | 88.8 | 32.8% |
| Kuwait | 50.1 | 79.5 | 81.1 | 84.9 | 19.2% |
| Qatar | 14.6 | 36.6 | 23.0 | 80.7 | 76.8% |
| Switzerland | 28.2 | 46.5 | 78.3 | 39.4 | 11.8% |
| Others | 156 | 230 | 342 | 473 | 44.7% |
| Total | 1,448 | 2,249 | 2,480 | 2,683 | 22.8% |
Top Export Markets for Fructose from Sri Lanka in 2022:
- Australia (234.8 tons)
- Canada (168.5 tons)
- United Kingdom (81.5 tons)
- France (62.8 tons)
- Indonesia (60.9 tons)
- Germany (47.5 tons)
- Bulgaria (33.9 tons)
- Italy (30.4 tons)
- Maldives (28.3 tons)
- Qatar (24.0 tons)
- United States (23.5 tons)
- Kuwait (23.2 tons)
- Switzerland (20.8 tons)
This report provides an in-depth analysis of the fructose 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:
- Prodcom 10621320 - Chemically pure fructose in solid form, fructose and fructose syrup, containing in the dry state > .50 % of fructose, i soglucose excluding with added flavouring or colouring matter
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
-
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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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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