Mandarins Price in Sri Lanka - 2021
Contents:
- Mandarins Price in Sri Lanka (CIF) - 2022
- Mandarins Price in Sri Lanka (FOB) - 2022
- Mandarins Imports in Sri Lanka
- Mandarins Exports in Sri Lanka
Mandarins Price in Sri Lanka (CIF) - 2022
In 2022, the average mandarins import price amounted to $454 per ton, reducing by -17.7% against the previous year. In general, the import price faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 53% against the previous year. The import price peaked at $2,327 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 South Africa ($860 per ton), while the price for Pakistan ($343 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-4.4%), while the prices for the other major suppliers experienced a decline.
Mandarins Price in Sri Lanka (FOB) - 2022
The average mandarins export price stood at $2,656 per ton in 2022, picking up by 10% against the previous year. In general, the export price, however, faced a abrupt shrinkage. Over the period under review, the average export prices reached the peak figure at $7,973 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to +35.8% per year.
Mandarins Imports in Sri Lanka
In 2022, the amount of fruit, edible imported into Sri Lanka fell to 7.9K tons, waning by -10.3% on the previous year. Over the period under review, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of 8.8K tons, and then declined in the following year.
In value terms, mandarins imports plummeted to $3.6M in 2022. In general, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 109%. As a result, imports attained the peak of $4.9M, and then contracted dramatically in the following year.
| Import of Mandarins in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 1,654 | 1,326 | 2,402 | 1,942 | 5.5% |
| China | 495 | 539 | 1,043 | 843 | 19.4% |
| Australia | 784 | 240 | 715 | 578 | -9.7% |
| South Africa | 119 | 180 | 626 | 149 | 7.8% |
| Others | 13.1 | 33.4 | 65.6 | 73.5 | 77.7% |
| Total | 3,064 | 2,318 | 4,851 | 3,585 | 5.4% |
Top Suppliers of Mandarins to Sri Lanka in 2022:
- Pakistan (5.7K tons)
- China (1.1K tons)
- Australia (0.9K tons)
- South Africa (0.2K tons)
Mandarins Exports in Sri Lanka
In 2022, the amount of fruit, edible exported from Sri Lanka soared to 19 tons, with an increase of 21% against the previous year's figure. Over the period under review, total exports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -29.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 55% against the previous year. As a result, the exports attained the peak of 27 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, mandarins exports surged to $51K in 2022. Overall, exports, however, showed a noticeable descent.
| Export of Mandarins in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 57.0 | 26.3 | 31.9 | 51.2 | -3.5% |
| United Arab Emirates | N/A | 5.6 | N/A | N/A | 0% |
| Saudi Arabia | N/A | N/A | 6.3 | N/A | 0% |
| Bahrain | N/A | 32.4 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 57.0 | 64.2 | 38.2 | 51.2 | -3.5% |
Top Export Markets for Mandarins from Sri Lanka in 2022:
- Maldives (19.3 tons)
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