Price for Ivory and Articles Thereof; Worked in Sri Lanka - 2021

Price for Ivory and Articles Thereof; Worked in Sri Lanka (CIF) - 2022

The average import price for ivory and articles thereof; worked stood at $1,745 per ton in 2022, falling by -94.5% against the previous year. Over the period under review, the import price faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 1,913% against the previous year. As a result, import price attained the peak level of $176,913 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -20.0% per year.

Imports of Ivory and Articles Thereof; Worked in Sri Lanka

In 2022, the amount of ivory and articles thereof; worked imported into Sri Lanka reduced notably to 15 kg, which is down by -51.6% compared with the previous year. Over the period under review, imports saw a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 82% against the previous year.

In value terms, ivory and articles thereof; worked imports dropped dramatically to $27 in 2022. Overall, imports recorded a precipitous slump. The smallest decline of -18% was in 2021.