Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sri Lanka - 2022
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sri Lanka (FOB) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sri Lanka (CIF) - 2022
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sri Lanka
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sri Lanka
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sri Lanka (FOB) - 2022
The average export price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $3,502 per ton in 2022, with an increase of 15% against the previous year. Over the period under review, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 55%. Over the period under review, the average export prices reached the peak figure at $7,414 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($7,213 per ton), while the average price for exports to Qatar ($2,076 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 Guyana (+47.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sri Lanka (CIF) - 2022
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $4,192 per ton in 2022, picking up by 17% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for soups and broths and preparations therefor; homogenised composite food preparationses increased by +86.3% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 82%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($4,500 per ton), while the price for Pakistan ($2,625 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cameroon (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sri Lanka
In 2022, after two years of decline, there was significant growth in shipments abroad of soups and broths and preparations therefor; homogenised composite food preparationses, when their volume increased by 2,154% to 25 tons. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses surged to $89K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | 0.3 | 0.3 | 46.8 | 1149.0% |
| Qatar | 0.4 | 1.0 | N/A | 15.4 | 237.7% |
| Maldives | 0.4 | 0.1 | 0.5 | 10.2 | 194.3% |
| United Kingdom | N/A | N/A | 0.3 | 5.0 | 1566.7% |
| United Arab Emirates | N/A | 0.1 | N/A | 3.2 | 465.7% |
| Italy | N/A | 0.1 | N/A | 2.4 | 389.9% |
| Japan | 0.1 | 0.3 | 0.1 | 1.8 | 162.1% |
| Lebanon | 0.9 | N/A | 0.1 | N/A | -66.7% |
| Others | 3.4 | 2.5 | 2.0 | 4.4 | 9.0% |
| Total | 5.4 | 4.3 | 3.4 | 89.3 | 154.8% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Sri Lanka in 2022:
- Canada (12.1 tons)
- Qatar (7.4 tons)
- Maldives (2.3 tons)
- United Kingdom (1.0 tons)
- Italy (0.6 tons)
- Japan (0.6 tons)
- United Arab Emirates (0.5 tons)
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sri Lanka
In 2022, after two years of decline, there was significant growth in supplies from abroad of soups and broths and preparations therefor; homogenised composite food preparationses, when their volume increased by 14% to 14 tons. Over the period under review, imports, however, continue to indicate a dramatic slump.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses soared to $59K in 2022. In general, imports, however, showed a dramatic curtailment.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 34.4 | 7.6 | 4.3 | 52.7 | 15.3% |
| India | 13.9 | 0.1 | 0.2 | 3.3 | -38.1% |
| Thailand | 101 | 44.2 | 14.2 | 0.1 | -90.0% |
| Cameroon | 26.0 | 30.3 | 2.0 | N/A | -72.3% |
| Saudi Arabia | 69.0 | 25.6 | 6.4 | N/A | -69.5% |
| Others | 27.4 | 6.7 | 16.7 | 2.5 | -55.0% |
| Total | 271 | 115 | 43.7 | 58.6 | -40.0% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Sri Lanka in 2022:
- Malaysia (12.7 tons)
- India (1.0 tons)
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