Sri Lanka - Nuts (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sri Lanka - Nuts (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Nuts (Prepared or Preserved) in Sri Lanka - 2021

Contents:

  1. Price for Nuts (Prepared or Preserved) in Sri Lanka (FOB) - 2022
  2. Price for Nuts (Prepared or Preserved) in Sri Lanka (CIF) - 2022
  3. Exports of Nuts (Prepared or Preserved) in Sri Lanka
  4. Imports of Nuts (Prepared or Preserved) in Sri Lanka

Price for Nuts (Prepared or Preserved) in Sri Lanka (FOB) - 2022

The average nuts (prepared or preserved) export price stood at $2,382 per ton in 2022, declining by -26.4% against the previous year. Over the period under review, the export price showed a perceptible descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices reached the maximum at $3,484 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($5,453 per ton), while the average price for exports to the United States ($1,671 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 the UK (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nuts (Prepared or Preserved) in Sri Lanka (CIF) - 2022

In 2022, the average nuts (prepared or preserved) import price amounted to $2,702 per ton, with a decrease of -24.1% against the previous year. In general, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of 71% against the previous year. The import price peaked at $5,199 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Philippines ($4,823 per ton), while the price for India ($1,147 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+38.8%), while the prices for the other major suppliers experienced a decline.

Exports of Nuts (Prepared or Preserved) in Sri Lanka

For the fourth year in a row, Sri Lanka recorded growth in shipments abroad of nuts (prepared or preserved), which increased by 578% to 82K tons in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, nuts (prepared or preserved) exports skyrocketed to $195M in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Nuts (Prepared or Preserved) in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.19.817.039.777.5%
Netherlands0.70.71.532.5259.4%
Germany1.52.12.327.4163.4%
United Kingdom1.31.42.618.0140.1%
India0.50.51.58.9161.1%
France0.40.50.78.9181.3%
Canada1.41.82.08.078.8%
United Arab Emirates1.30.10.17.881.7%
Australia0.20.60.36.9225.5%
Sweden0.20.30.24.7186.4%
AustriaN/A0.30.33.1221.5%
Others9.78.810.729.344.6%
Total24.326.939.2195100.2%

Top Export Markets for Nuts (Prepared or Preserved) from Sri Lanka in 2022:

  1. United States (23.8K tons)
  2. Germany (15.5K tons)
  3. Netherlands (7.0K tons)
  4. United Kingdom (5.3K tons)
  5. France (4.9K tons)
  6. Canada (4.7K tons)
  7. United Arab Emirates (4.4K tons)
  8. Australia (2.9K tons)
  9. Sweden (2.5K tons)
  10. India (2.0K tons)
  11. Austria (1.5K tons)

Imports of Nuts (Prepared or Preserved) in Sri Lanka

In 2022, the amount of nuts (prepared or preserved) imported into Sri Lanka rose sharply to 1K tons, with an increase of 11% against 2021 figures. The total import volume increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 52%. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, nuts (prepared or preserved) imports declined rapidly to $2.7M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of $3.2M, and then declined markedly in the following year.

Import of Nuts (Prepared or Preserved) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China82.524.457.82,296203.0%
VietnamN/AN/A313231-26.2%
PhilippinesN/AN/A78.911140.7%
United Arab Emirates24011627222.7-54.4%
India1,2591,66266721.8-74.1%
Others6564481,83323.3-67.1%
Total2,2372,2503,2202,7056.5%

Top Suppliers of Nuts (Prepared or Preserved) to Sri Lanka in 2022:

  1. China (877.1 tons)
  2. Vietnam (75.5 tons)
  3. Philippines (23.0 tons)
  4. India (19.0 tons)
  5. United Arab Emirates (3.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for nuts (prepared or preserved) in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10392390 - Prepared or preserved nuts (other than groundnuts), and other seeds and mixtures (excluding by vinegar or acetic acid, f rozen, purees and pastes, preserved by sugar)

Country coverage:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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