Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Sri Lanka - 2022

Contents:

  1. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Sri Lanka (CIF) - 2022
  2. Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Sri Lanka

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Sri Lanka (CIF) - 2022

In 2022, the average import price for glycosides; rutoside (rutin) and its derivativeses amounted to $79,000 per ton, with an increase of 131% against the previous year. In general, the import price showed a buoyant expansion. The import price peaked at $115,333 per ton in 2015; however, from 2016 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 Germany.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -4.7% per year.

Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Sri Lanka

In 2022, overseas purchases of glycosides; rutoside (rutin) and its derivativeses decreased by -85.7% to 1 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a sharp descent. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. As a result, imports attained the peak of 7 kg, and then contracted markedly in the following year.

In value terms, imports of glycosides; rutoside (rutin) and its derivativeses shrank rapidly to $79 in 2022. In general, imports faced a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 185% against the previous year. As a result, imports reached the peak of $239, and then declined remarkably in the following year.

Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany81.052.014479.0-0.8%
India38.032.062.0N/A27.7%
OthersN/AN/A33.0N/A0%
Total11984.023979.0-12.8%

Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Sri Lanka in 2022:

  1. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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