Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Sri Lanka - 2022

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Sri Lanka (CIF) - 2022
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Sri Lanka (FOB) - 2022
  3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Sri Lanka
  4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Sri Lanka

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Sri Lanka (CIF) - 2022

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $6,500 per ton, picking up by 704% against the previous year. Overall, the import price showed a significant expansion. 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 Pakistan ($8,000 per ton), while the price for Maldives amounted to $5,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+182.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Sri Lanka (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $2,957 per ton, jumping by 72% against the previous year. Over the period under review, the export price saw tangible growth. The most prominent rate of growth was recorded in 2019 an increase of 190% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Maldives amounted to +2.1% per year.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Sri Lanka

In 2022, overseas purchases of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) decreased by 99.9% to 2 kg, falling for the second consecutive year after two years of growth. In general, imports showed a precipitous descent. The growth pace was the most rapid in 2020 when imports increased by 117% against the previous year. As a result, imports attained the peak of 26 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) reduced dramatically to $13 in 2022. Overall, imports saw a significant contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 53%. As a result, imports reached the peak of $20K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/A4.2N/AN/A0%
India1.11.31.4N/A12.8%
South Africa11.413.614.8N/A13.9%
MaldivesN/AN/AN/AN/A0%
PakistanN/AN/AN/AN/A0%
Others0.71.01.3N/A36.3%
Total13.120.017.6N/A15.9%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Sri Lanka in 2022:

  1. Pakistan (1.0 kg)
  2. Maldives (1.0 kg)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Sri Lanka

Exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) from Sri Lanka reduced remarkably to 46 kg in 2022, waning by -74.9% on 2021 figures. Overall, exports saw a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 154%. As a result, the exports attained the peak of 183 kg, and then reduced remarkably in the following year.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) dropped dramatically to $136 in 2022. Over the period under review, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. As a result, the exports attained the peak of $314, and then declined sharply in the following year.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives267196311136-20.1%
OthersN/AN/A3.0N/A0%
Total267196314136-20.1%

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Sri Lanka in 2022:

  1. Maldives (46.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Sri Lanka - Flaked or Rolled Cereals - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 301

This report provides an in-depth analysis of the market for flaked or rolled cereal in Sri Lanka.

Sri Lanka - Cereal Germ - Market Analysis, Forecast, Size, Trends And Insights
$599
May 5, 2024
Eye 480

This report provides an in-depth analysis of the cereal germ market in Sri Lanka.

Sri Lanka - Cereal Grain Products (Including Corn Flakes) - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 162

This report provides an in-depth analysis of the market for corn flakes and cereal products in Sri Lanka.

World - Flaked or Rolled Cereals - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 333

This report provides an in-depth analysis of the global market for flaked or rolled cereal.

World - Cereal Germ - Market Analysis, Forecast, Size, Trends And Insights
$599
May 5, 2024
Eye 850

This report provides an in-depth analysis of the global cereal germ market.

World - Cereal Grain Products (Including Corn Flakes) - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 295

This report provides an in-depth analysis of the global market for corn flakes and cereal products.

Sri Lanka - Flaked or Rolled Cereals - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 301

This report provides an in-depth analysis of the market for flaked or rolled cereal in Sri Lanka.

Sri Lanka - Cereal Germ - Market Analysis, Forecast, Size, Trends And Insights
$599
May 5, 2024
Eye 480

This report provides an in-depth analysis of the cereal germ market in Sri Lanka.

Sri Lanka - Cereal Grain Products (Including Corn Flakes) - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 162

This report provides an in-depth analysis of the market for corn flakes and cereal products in Sri Lanka.

World - Flaked or Rolled Cereals - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 333

This report provides an in-depth analysis of the global market for flaked or rolled cereal.

Free Data: Cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) - Sri Lanka