Price for Grapes; Fresh or Dried in Sri Lanka - 2021

Contents:

  1. Price for Grapes; Fresh or Dried in Sri Lanka (CIF) - 2022
  2. Price for Grapes; Fresh or Dried in Sri Lanka (FOB) - 2022
  3. Imports of Grapes; Fresh or Dried in Sri Lanka
  4. Exports of Grapes; Fresh or Dried in Sri Lanka

Price for Grapes; Fresh or Dried in Sri Lanka (CIF) - 2022

The average grapes; fresh or dried import price stood at $1,438 per ton in 2022, dropping by -25.8% against the previous year. Overall, the import price saw a slight shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 39%. Over the period under review, average import prices attained the maximum at $2,063 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($3,563 per ton), while the price for Iran ($1,098 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Grapes; Fresh or Dried in Sri Lanka (FOB) - 2022

In 2022, the average grapes; fresh or dried export price amounted to $3,357 per ton, falling by -13.8% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 32%. The export price peaked at $5,325 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($3,444 per ton), while the average price for exports to Maldives amounted to $3,102 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (-2.8%).

Imports of Grapes; Fresh or Dried in Sri Lanka

In 2022, the amount of grapes; fresh or drieds imported into Sri Lanka fell remarkably to 4.2K tons, with a decrease of -47.7% on the previous year. In general, imports faced a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 4.2%.

In value terms, grapes; fresh or dried imports shrank sharply to $6.1M in 2022. Over the period under review, imports recorded a precipitous contraction. The smallest decline of -1.8% was in 2021.

Import of Grapes; Fresh or Dried in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.86.16.53.2-12.6%
China5.34.74.81.8-30.2%
South Africa1.71.40.80.4-38.3%
United States1.20.60.30.2-45.0%
Italy1.10.70.80.2-43.3%
Australia2.21.01.80.1-64.3%
Iran0.60.50.40.1-45.0%
United Arab Emirates0.80.40.10.1-50.0%
Egypt0.60.30.1N/A-59.2%
Others0.20.20.1N/A-29.3%
Total18.416.015.76.1-30.8%

Top Suppliers of Grapes; Fresh or Dried to Sri Lanka in 2022:

  1. India (2555.8 tons)
  2. China (1185.5 tons)
  3. South Africa (171.4 tons)
  4. Iran (95.0 tons)
  5. Italy (78.7 tons)
  6. United States (51.8 tons)
  7. Australia (42.5 tons)
  8. United Arab Emirates (29.7 tons)
  9. Egypt (26.8 tons)

Exports of Grapes; Fresh or Dried in Sri Lanka

In 2022, overseas shipments of grapes; fresh or drieds were finally on the rise to reach 1.8 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a sharp downturn.

In value terms, grapes; fresh or dried exports declined to $6K in 2022. In general, exports, however, faced a dramatic decline.

Export of Grapes; Fresh or Dried in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A4.60%
Maldives34.9N/A5.61.4-65.8%
NorwayN/A16.9N/AN/A0%
Czech Republic1.03.2N/AN/A220.0%
Saudi ArabiaN/AN/A0.6N/A0%
Bahrain0.3N/AN/AN/A0%
Others0.10.30.2N/A41.4%
Total36.220.46.46.0-45.1%

Top Export Markets for Grapes; Fresh or Dried from Sri Lanka in 2022:

  1. United Kingdom (1323.0 kg)
  2. Maldives (450.0 kg)

Source: IndexBox Market Intelligence Platform

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