Price for Cereals; Grain Sorghum, Other than Seed in Sri Lanka - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Sri Lanka (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Sri Lanka
Price for Cereals; Grain Sorghum, Other than Seed in Sri Lanka (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $639 per ton in 2022, picking up by 7.4% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 37%. Over the period under review, average import prices reached the maximum at $823 per ton in 2013; however, from 2014 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 India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -0.4% per year.
Imports of Cereals; Grain Sorghum, Other than Seed in Sri Lanka
In 2022, approx. 2.3 tons of cereals; grain sorghum, other than seeds were imported into Sri Lanka; reducing by -76.8% compared with the previous year's figure. In general, imports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 285%.
In value terms, imports of cereals; grain sorghum, other than seeds fell rapidly to $1.5K in 2022. Overall, imports showed a precipitous contraction. The growth pace was the most rapid in 2021 when imports increased by 375%.
| Import of Cereals; Grain Sorghum, Other than Seed in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 13.8 | 1.0 | 5.9 | 1.5 | -52.3% |
| Others | 0.1 | 0.3 | 0.1 | N/A | 0.0% |
| Total | 13.8 | 1.2 | 5.9 | 1.5 | -52.3% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Sri Lanka in 2022:
- India (2.3 tons)
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