Price for Vegetables; Seed Potatoes, Fresh or Chilled in Sri Lanka - 2022

Contents:

  1. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Sri Lanka (CIF) - 2022
  2. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Sri Lanka (FOB) - 2022
  3. Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Sri Lanka
  4. Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Sri Lanka

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Sri Lanka (CIF) - 2022

The average import price for vegetables; seed potatoes, fresh or chilleds stood at $1,070 per ton in 2022, declining by -6.7% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 vegetables; seed potatoes, fresh or chilleds increased by +48.0% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 42%. The import price peaked at $1,146 per ton in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($1,079 per ton), while the price for France stood at $1,005 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Sri Lanka (FOB) - 2022

The average export price for vegetables; seed potatoes, fresh or chilleds stood at $836 per ton in 2022, with an increase of 114% against the previous year. In general, the export price, however, showed a abrupt decrease. The export price peaked at $1,531 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($3,400 per ton), while the average price for exports to Qatar amounted to $814 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+42.5%), while the prices for the other major destinations experienced a decline.

Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Sri Lanka

In 2022, overseas purchases of vegetables; seed potatoes, fresh or chilleds decreased by -46.3% to 1K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 51%. As a result, imports attained the peak of 2.7K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vegetables; seed potatoes, fresh or chilleds contracted markedly to $1.1M in 2022. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 61%. As a result, imports attained the peak of $2.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Vegetables; Seed Potatoes, Fresh or Chilled in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1,1871,9401,456945-7.3%
France185171108126-12.0%
ThailandN/A83.5117N/A40.1%
Germany169389295N/A32.1%
United Arab EmiratesN/A45.4N/AN/A0%
Bangladesh86.7112101N/A7.9%
Pakistan47.013.913.7N/A-46.0%
Others74.159.945.0N/A-22.1%
Total1,7492,8152,1351,071-15.1%

Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Sri Lanka in 2022:

  1. Netherlands (875.6 tons)
  2. France (125.5 tons)

Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Sri Lanka

In 2022, the amount of vegetables; seed potatoes, fresh or chilleds exported from Sri Lanka skyrocketed to 5.7 tons, rising by 802% compared with 2021 figures. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetables; seed potatoes, fresh or chilleds soared to $4.8K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vegetables; Seed Potatoes, Fresh or Chilled in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar89.01932214,630273.3%
United Arab Emirates17.049.027.0N/A26.0%
OthersN/AN/AN/A1700%
Total1062422484,800256.4%

Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Sri Lanka in 2022:

  1. Qatar (5.7 tons)

Source: IndexBox Market Intelligence Platform

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