Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Sri Lanka - 2022

Contents:

  1. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Sri Lanka (CIF) - 2022
  2. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Sri Lanka (FOB) - 2022
  3. Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Sri Lanka
  4. Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Sri Lanka

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Sri Lanka (CIF) - 2022

The average import price for nuts, edible; almonds, fresh or dried, shelleds stood at $5,229 per ton in 2022, reducing by -21.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the maximum at $10,127 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($7,297 per ton), while the price for the United States ($3,941 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 (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Sri Lanka (FOB) - 2022

In 2022, the average export price for nuts, edible; almonds, fresh or dried, shelleds amounted to $11,835 per ton, with an increase of 640% against the previous year. In general, the export price enjoyed a moderate expansion. As a result, the export price attained 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 Maldives ($12,018 per ton), while the average price for exports to Switzerland amounted to $1,667 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+14.4%), while the prices for the other major destinations experienced a decline.

Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Sri Lanka

For the fourth consecutive year, Sri Lanka recorded growth in supplies from abroad of nuts, edible; almonds, fresh or dried, shelleds, which increased by less than 0.1% to 136 tons in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 88% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds contracted remarkably to $710K in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 72%. As a result, imports reached the peak of $908K, and then contracted markedly in the following year.

Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India12624216024825.3%
United Arab Emirates27.322563619191.3%
United States34.0N/AN/A16569.3%
Singapore20744.883.083.8-26.0%
AustraliaN/A13.526.520.021.7%
Others0.31.32.61.363.0%
Total39552790871021.6%

Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to Sri Lanka in 2022:

  1. United States (41.9 tons)
  2. India (41.3 tons)
  3. United Arab Emirates (37.4 tons)
  4. Singapore (11.5 tons)
  5. Australia (3.5 tons)

Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Sri Lanka

In 2022, after three years of growth, there was significant decline in overseas shipments of nuts, edible; almonds, fresh or dried, shelleds, when their volume decreased by -97.9% to 170 kg. Over the period under review, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 467% against the previous year.

In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds contracted notably to $2K in 2022. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 118%.

Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives3.1N/A3.62.0-13.6%
Switzerland0.27.1N/AN/A3450.0%
United KingdomN/A1.07.8N/A680.0%
Others0.50.11.5N/A73.2%
Total3.88.312.82.0-19.3%

Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from Sri Lanka in 2022:

  1. Maldives (167.0 kg)
  2. Switzerland (3.0 kg)

Source: IndexBox Market Intelligence Platform

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