Sri Lanka - Roots And Tubers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRoot and Tuber Price in Sri Lanka - 2021
Contents:
- Root and Tuber Price in Sri Lanka (CIF) - 2022
- Root and Tuber Price in Sri Lanka (FOB) - 2022
- Root and Tuber Imports in Sri Lanka
- Root and Tuber Exports in Sri Lanka
Root and Tuber Price in Sri Lanka (CIF) - 2022
The average root and tuber import price stood at $252 per ton in 2022, waning by -12.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2019 an increase of 39%. Over the period under review, average import prices reached the peak figure at $312 per ton in 2014; however, from 2015 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 the Netherlands ($1,036 per ton), while the price for Bangladesh ($225 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Root and Tuber Price in Sri Lanka (FOB) - 2022
The average root and tuber export price stood at $664 per ton in 2022, with an increase of 15% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 36%. As a result, the export price attained the peak level of $819 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($1,946 per ton), while the average price for exports to the United Arab Emirates ($563 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 Canada (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Root and Tuber Imports in Sri Lanka
In 2022, approx. 155K tons of roots and tubers were imported into Sri Lanka; growing by 53% on the year before. Overall, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, root and tuber imports soared to $39M in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.
| Import of Root and Tuber in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 21.3 | 20.0 | 15.2 | 28.8 | 10.6% |
| Bangladesh | 0.7 | 0.6 | 2.8 | 4.2 | 81.7% |
| India | 3.7 | 3.8 | 3.7 | 3.4 | -2.8% |
| China | 5.3 | 7.4 | 3.1 | 1.5 | -34.3% |
| Netherlands | 1.9 | 2.2 | 1.9 | 1.0 | -19.3% |
| Others | 2.8 | 5.9 | 2.3 | 0.1 | -67.1% |
| Total | 35.7 | 39.9 | 29.0 | 39.0 | 3.0% |
Top Suppliers of Root and Tuber to Sri Lanka in 2022:
- Pakistan (119.1K tons)
- Bangladesh (18.6K tons)
- India (11.3K tons)
- China (4.8K tons)
- Netherlands (0.9K tons)
Root and Tuber Exports in Sri Lanka
In 2022, after two years of decline, there was significant growth in shipments abroad of roots and tubers, when their volume increased by 25% to 6.7K tons. Overall, exports, however, showed a noticeable shrinkage.
In value terms, root and tuber exports surged to $4.4M in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Root and Tuber in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2,405 | 1,666 | 1,499 | 3,106 | 8.9% |
| Maldives | 236 | 80.4 | 348 | 279 | 5.7% |
| United Kingdom | 321 | 413 | 475 | 267 | -6.0% |
| Qatar | 16.5 | 7.1 | 10.2 | 260 | 150.7% |
| Oman | 3.4 | 31.3 | 1.3 | 105 | 213.7% |
| Saudi Arabia | 99.2 | 363 | 135 | 64.3 | -13.5% |
| Kuwait | 99.3 | 346 | 121 | 4.9 | -63.3% |
| Bahrain | 80.1 | 273 | 60.3 | 1.0 | -76.8% |
| Others | 927 | 878 | 443 | 358 | -27.2% |
| Total | 4,188 | 4,058 | 3,093 | 4,447 | 2.0% |
Top Export Markets for Root and Tuber from Sri Lanka in 2022:
- United Arab Emirates (5513.7 tons)
- Maldives (278.8 tons)
- Qatar (277.1 tons)
- United Kingdom (237.8 tons)
- Oman (180.8 tons)
- Saudi Arabia (52.4 tons)
- Kuwait (7.0 tons)
- Bahrain (0.8 tons)
This report provides an in-depth analysis of the root and tuber market 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:
- FCL 125 - Cassava
- FCL 149 - Roots and tubers nes
- FCL 122 - Sweet potatoes
- FCL 136 - Taro (Cocoyam)
- FCL 137 - Yams
- FCL 135 - Yautia (Cocoyam)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for root and tuber crops, backed by data from the IndexBox market intelligence platform. Discover the import values and key statistics of the world's leading countries in this market.
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Global roots and tubers consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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Global roots and tubers exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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Global roots and tubers imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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In 2015, the country with the largest volume of the roots and tubers output was Ethiopia (X thousand tons), accounting for X% of global production.
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The Netherlands has total control of the root and tuber market. In 2014, the Netherlands exported X thousand tons of roots and tubers totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied
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