Sri Lanka - Glucose And Glucose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlucose Price in Sri Lanka - 2021
Contents:
- Glucose Price in Sri Lanka (CIF) - 2022
- Glucose Price in Sri Lanka (FOB) - 2022
- Glucose Imports in Sri Lanka
- Glucose Exports in Sri Lanka
Glucose Price in Sri Lanka (CIF) - 2022
In 2022, the average glucose import price amounted to $666 per ton, with an increase of 33% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($2,810 per ton), while the price for France ($434 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+62.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Glucose Price in Sri Lanka (FOB) - 2022
In 2022, the average glucose export price amounted to $1,260 per ton, waning by -25% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The growth pace was the most rapid in 2020 when the average export price increased by 93% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,961 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,849 per ton), while the average price for exports to Canada ($1,048 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 Slovenia (+2.8%), while the prices for the other major destinations experienced a decline.
Glucose Imports in Sri Lanka
For the third year in a row, Sri Lanka recorded decline in overseas purchases of glucose and glucose syrup, which decreased by -1.7% to 8K tons in 2022. Overall, imports recorded a abrupt shrinkage.
In value terms, glucose imports surged to $5.3M in 2022. In general, imports showed a abrupt contraction.
| Import of Glucose in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.1 | 1.3 | 1.7 | 3.4 | 3.1% |
| China | 1.8 | 1.9 | 0.8 | 0.9 | -20.6% |
| Turkey | 0.8 | 0.9 | 0.8 | 0.7 | -4.4% |
| Indonesia | N/A | N/A | N/A | 0.1 | 0% |
| France | 0.2 | N/A | 0.5 | 0.1 | -20.6% |
| Others | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Total | 6.2 | 4.2 | 4.1 | 5.3 | -5.1% |
Top Suppliers of Glucose to Sri Lanka in 2022:
- India (5.1K tons)
- China (1.5K tons)
- Turkey (1.0K tons)
- France (0.2K tons)
- Indonesia (0.1K tons)
Glucose Exports in Sri Lanka
In 2022, exports of glucose and glucose syrup from Sri Lanka declined to 34 tons, waning by -11% on the previous year. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year.
In value terms, glucose exports declined remarkably to $42K in 2022. Over the period under review, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 20%.
| Export of Glucose in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1.0 | 0.7 | 29.6 | 27.2 | 200.7% |
| Maldives | 6.8 | N/A | 5.9 | 6.6 | -1.0% |
| United States | N/A | N/A | 2.9 | 4.2 | 44.8% |
| Australia | N/A | 31.6 | N/A | 0.1 | -94.4% |
| Slovenia | 6.2 | 17.7 | 15.3 | N/A | 57.1% |
| Italy | 4.7 | N/A | N/A | N/A | 0% |
| Qatar | 18.1 | N/A | N/A | N/A | 0% |
| Others | 9.5 | 5.5 | 9.7 | 4.3 | -23.2% |
| Total | 46.2 | 55.5 | 63.5 | 42.4 | -2.8% |
Top Export Markets for Glucose from Sri Lanka in 2022:
- Australia (undefined tons)
- Italy (undefined tons)
- Canada (25.9 tons)
- Maldives (5.9 tons)
- United States (1.1 tons)
This report provides an in-depth analysis of the glucose 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 10621310 - Glucose and glucose syrup (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
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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
- 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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