Price for Frozen Concentrated Orange Juice in Sri Lanka - 2021
Contents:
- Price for Frozen Concentrated Orange Juice in Sri Lanka (CIF) - 2022
- Price for Frozen Concentrated Orange Juice in Sri Lanka (FOB) - 2022
- Imports of Frozen Concentrated Orange Juice in Sri Lanka
- Exports of Frozen Concentrated Orange Juice in Sri Lanka
Price for Frozen Concentrated Orange Juice in Sri Lanka (CIF) - 2022
In 2022, the average frozen concentrated orange juice import price amounted to $2,181 per ton, increasing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2013 an increase of 32% against the previous year. Over the period under review, average import prices hit record highs at $2,324 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,820 per ton), while the price for China ($667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+72.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Concentrated Orange Juice in Sri Lanka (FOB) - 2022
The average frozen concentrated orange juice export price stood at $3,884 per ton in 2022, rising by 75% against the previous year. Overall, the export price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 89% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($5,383 per ton), while the average price for exports to Australia ($1,056 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 Seychelles (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Concentrated Orange Juice in Sri Lanka
Frozen concentrated orange juice imports into Sri Lanka skyrocketed to 791 tons in 2022, increasing by 23% on 2021 figures. Overall, imports, however, continue to indicate a noticeable slump.
In value terms, frozen concentrated orange juice imports skyrocketed to $1.7M in 2022. In general, imports, however, saw a relatively flat trend pattern.
| Import of Frozen Concentrated Orange Juice in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 610 | 447 | 587 | 1,056 | 20.1% |
| Pakistan | 429 | 204 | 335 | 314 | -9.9% |
| Egypt | N/A | N/A | 19.1 | 166 | 769.1% |
| Spain | 207 | 123 | 97.8 | 113 | -18.3% |
| Taiwan (Chinese) | 123 | 92.1 | 60.7 | 53.1 | -24.4% |
| China | N/A | 0.1 | 0.1 | 19.7 | 1303.6% |
| South Africa | 71.7 | 45.0 | 33.4 | N/A | -31.7% |
| Others | 320 | 192 | 101 | 2.3 | -80.7% |
| Total | 1,762 | 1,103 | 1,233 | 1,725 | -0.7% |
Top Suppliers of Frozen Concentrated Orange Juice to Sri Lanka in 2022:
- Israel (456.0 tons)
- Pakistan (143.9 tons)
- Egypt (96.0 tons)
- Spain (40.0 tons)
- China (29.5 tons)
- Taiwan (Chinese) (23.0 tons)
Exports of Frozen Concentrated Orange Juice in Sri Lanka
In 2022, the amount of frozen concentrated orange juice exported from Sri Lanka shrank sharply to 15 tons, with a decrease of -32.4% against 2021. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 205% against the previous year. As a result, the exports reached the peak of 22 tons, and then declined markedly in the following year.
In value terms, frozen concentrated orange juice exports surged to $59K in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 477% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Frozen Concentrated Orange Juice in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 0.1 | 0.5 | 4.2 | 38.4 | 626.8% |
| Seychelles | N/A | N/A | N/A | 14.1 | 0% |
| United Kingdom | 0.1 | 0.2 | 1.2 | 2.8 | 203.7% |
| Australia | 0.1 | 0.1 | 0.5 | 2.1 | 175.9% |
| Canada | 0.4 | 0.2 | 0.8 | 0.4 | 0.0% |
| Cyprus | 6.0 | 4.2 | 23.8 | N/A | 99.2% |
| Oman | 2.2 | 2.5 | 10.5 | N/A | 118.5% |
| Others | 1.3 | 1.0 | 8.8 | 1.3 | 0.0% |
| Total | 10.2 | 8.6 | 49.9 | 59.1 | 79.6% |
Top Export Markets for Frozen Concentrated Orange Juice from Sri Lanka in 2022:
- Maldives (7.1 tons)
- Seychelles (4.2 tons)
- Australia (2.0 tons)
- United Kingdom (1.3 tons)
- Canada (0.3 tons)
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