Price for Cereals; Oats, Other than Seed in Sri Lanka - 2022
Contents:
- Price for Cereals; Oats, Other than Seed in Sri Lanka (CIF) - 2022
- Imports of Cereals; Oats, Other than Seed in Sri Lanka
Price for Cereals; Oats, Other than Seed in Sri Lanka (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $275 per ton in 2022, reducing by -2.2% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 58% against the previous year. Over the period under review, average import prices attained the peak figure at $674 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Finland ($377 per ton), while the price for Canada ($248 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cereals; Oats, Other than Seed in Sri Lanka
In 2022, the amount of cereals; oats, other than seeds imported into Sri Lanka contracted to 14K tons, dropping by -8.4% on 2021 figures. Over the period under review, total imports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 59% against the previous year. As a result, imports reached the peak of 16K tons, and then reduced in the following year.
In value terms, cereals; oats, other than seed imports contracted to $3.9M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 81%. As a result, imports reached the peak of $4.4M, and then contracted in the following year.
Import of Cereals; Oats, Other than Seed in Sri Lanka (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 1.0 | 0.2 | 1.7 | 3.0 | 44.2% |
Canada | 2.2 | 2.1 | 2.7 | 0.8 | -28.6% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 3.3 | 2.4 | 4.4 | 3.9 | 5.7% |
Top Suppliers of Cereals; Oats, Other than Seed to Sri Lanka in 2022:
- Australia (10.8K tons)
- Canada (3.4K tons)
This report provides an in-depth analysis of the oat market in Sri Lanka.
This report provides an in-depth analysis of the grain market in Sri Lanka.
This report provides an in-depth analysis of the global oat market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the oat market in Sri Lanka.
This report provides an in-depth analysis of the global oat market.
Discover the world's best import markets for oats and gain insights into their key statistics and consumer preferences. The United States, Germany, China, Netherlands, and Belgium are leading importers, driven by health consciousness and sustainability concerns.
The oat market indicated steady growth in 2020. The production and export of oats increased against heightened demand, not only from livestock farmers and producers of animal feed but also from a nascent trend emerging in the food sector: the use of oats as an ingredient in the manufacture of healthy food products.
In 2017, the volume of the global oats consumption stood at approx. X tons, not moving far from the 2016 figure.
Global oat consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
In 2015, the countries with the highest levels of oat production were Russia (X thousand tons), Canada (X thousand tons), Poland (X thousand tons), together accounting for X% of total output.
In 2014, the oat market decreased again to X thousand tons (-X% Y-o-Y).
Canada seized control of the global oat market. In 2014, Canada exported X thousand tons of oats totaling X million USD, a robust X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total oat expor
Canada continued its dominant position in the global oat trade, combining with Finland to corral a X share of total global exports. Canada's primary trading partner in 2014 was the United States. X% of its total oat exports was sent to the U.S.,
Canada and Finland, along with Russia, Poland and Australia, are often referred to as major producers of oats. In 2013, with a combined share of X% of global exports, Canada and Finland became the main global exporters of oats, despite the fact that
Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.