Price for Citrus Fruits Not Elsewhere Classified in Sri Lanka - 2021
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in Sri Lanka (FOB) - 2022
- Price for Citrus Fruits Not Elsewhere Classified in Sri Lanka (CIF) - 2022
- Exports of Citrus Fruits Not Elsewhere Classified in Sri Lanka
- Imports of Citrus Fruits Not Elsewhere Classified in Sri Lanka
Price for Citrus Fruits Not Elsewhere Classified in Sri Lanka (FOB) - 2022
In 2022, the average export price for citrus fruits not elsewhere classified amounted to $2,957 per ton, with an increase of 38% against the previous year. In general, the export price recorded a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($5,795 per ton), while the average price for exports to the United Arab Emirates ($2,300 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Citrus Fruits Not Elsewhere Classified in Sri Lanka (CIF) - 2022
The average import price for citrus fruits not elsewhere classified stood at $507 per ton in 2022, which is down by -62.4% against the previous year. Overall, the import price faced a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when the average import price increased by 10% against the previous year. Over the period under review, average import prices reached the peak figure at $3,169 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for South Africa.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -10.8% per year.
Exports of Citrus Fruits Not Elsewhere Classified in Sri Lanka
In 2022, exports of citrus fruits not elsewhere classified from Sri Lanka stood at 985 tons, remaining relatively unchanged against the previous year's figure. Overall, exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year.
In value terms, citrus fruits not elsewhere classified exports soared to $2.9M in 2022. In general, total exports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Citrus Fruits Not Elsewhere Classified in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Maldives | 1,431 | 517 | 762 | 995 | -11.4% |
United Arab Emirates | 4.4 | 5.8 | 12.8 | 850 | 478.1% |
Qatar | 587 | 401 | 547 | 564 | -1.3% |
Switzerland | 12.7 | 30.4 | 245 | 162 | 133.7% |
United Kingdom | 11.5 | 25.7 | 31.1 | 68.9 | 81.6% |
Kuwait | 29.7 | 94.4 | 46.9 | 20.2 | -12.1% |
Oman | 31.7 | 9.2 | 19.1 | N/A | -22.4% |
Saudi Arabia | 211 | 156 | 112 | N/A | -27.1% |
Others | 205 | 344 | 323 | 252 | 7.1% |
Total | 2,523 | 1,583 | 2,099 | 2,913 | 4.9% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from Sri Lanka in 2022:
- United Arab Emirates (369.8 tons)
- Maldives (315.2 tons)
- Qatar (210.1 tons)
- Switzerland (27.9 tons)
- United Kingdom (15.9 tons)
- Kuwait (6.6 tons)
Imports of Citrus Fruits Not Elsewhere Classified in Sri Lanka
In 2022, after two years of decline, there was significant growth in supplies from abroad of citrus fruits not elsewhere classified, when their volume increased by 4,927% to 6.8 tons. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, citrus fruits not elsewhere classified imports skyrocketed to $3.4K in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Citrus Fruits Not Elsewhere Classified in Sri Lanka (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 50.0 | 33.0 | 25.0 | 3,237 | 301.5% |
India | 50.0 | 33.0 | 37.0 | N/A | -14.0% |
Others | 119 | 134 | 120 | 204 | 19.7% |
Total | 219 | 200 | 182 | 3,441 | 150.5% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to Sri Lanka in 2022:
- South Africa (6.7 tons)
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