Sri Lanka - Buttermilk And Buttermilk Powder - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Buttermilk and Buttermilk Powder in Sri Lanka - 2021
Contents:
- Price for Buttermilk and Buttermilk Powder in Sri Lanka (CIF) - 2022
- Price for Buttermilk and Buttermilk Powder in Sri Lanka (FOB) - 2022
- Imports of Buttermilk and Buttermilk Powder in Sri Lanka
- Exports of Buttermilk and Buttermilk Powder in Sri Lanka
Price for Buttermilk and Buttermilk Powder in Sri Lanka (CIF) - 2022
The average buttermilk and buttermilk powder import price stood at $1,910 per ton in 2022, waning by -38.2% against the previous year. In general, the import price, however, saw a notable increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 48% against the previous year. Over the period under review, average import prices hit record highs at $3,661 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Belize.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +57.2% per year.
Price for Buttermilk and Buttermilk Powder in Sri Lanka (FOB) - 2022
In 2022, the average buttermilk and buttermilk powder export price amounted to $2,008 per ton, declining by -49.2% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 80%. Over the period under review, the average export prices reached the maximum at $4,332 per ton in 2020; however, from 2021 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 Saudi Arabia amounted to +79.6% per year.
Imports of Buttermilk and Buttermilk Powder in Sri Lanka
In 2022, approx. 7.8 tons of buttermilk and buttermilk powder were imported into Sri Lanka; dropping by -80.5% against the previous year's figure. In general, imports continue to indicate a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 0.1% against the previous year.
In value terms, buttermilk and buttermilk powder imports declined remarkably to $15K in 2022. Overall, imports continue to indicate a precipitous descent. The smallest decline of -15.3% was in 2020.
| Import of Buttermilk and Buttermilk Powder in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belize | N/A | N/A | N/A | 14.8 | 0% |
| New Zealand | 95.2 | 68.7 | 105 | N/A | 5.0% |
| Germany | 25.6 | 26.1 | 11.8 | N/A | -32.1% |
| Malaysia | 1.2 | 1.5 | 0.6 | N/A | -29.3% |
| United Kingdom | 18.4 | 18.5 | 4.5 | N/A | -50.5% |
| India | 2.7 | 1.8 | 0.8 | N/A | -45.6% |
| Others | 29.2 | 29.2 | 1.1 | N/A | -80.6% |
| Total | 172 | 146 | 123 | 14.8 | -55.9% |
Top Suppliers of Buttermilk and Buttermilk Powder to Sri Lanka in 2022:
- Belize (7.8 tons)
Exports of Buttermilk and Buttermilk Powder in Sri Lanka
In 2022, overseas shipments of buttermilk and buttermilk powder increased by 927% to 19 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt descent.
In value terms, buttermilk and buttermilk powder exports soared to $38K in 2022. In general, exports, however, showed a deep downturn.
| Export of Buttermilk and Buttermilk Powder in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 11.3 | 0.1 | 0.1 | 37.9 | 49.7% |
| Kuwait | 18.3 | 3.3 | 5.5 | N/A | -45.2% |
| Japan | 31.9 | 1.2 | 1.3 | N/A | -79.8% |
| Others | 5.6 | 3.6 | 0.3 | N/A | -76.9% |
| Total | 67.1 | 8.2 | 7.3 | 37.9 | -17.3% |
Top Export Markets for Buttermilk and Buttermilk Powder from Sri Lanka in 2022:
- Maldives (18.9 tons)
This report provides an in-depth analysis of the market for buttermilk and buttermilk powder 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 893 - Buttermilk, Curdled Milk, Acidified Milk
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
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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
515
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