Sri Lanka - Strawberries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStrawberry Price in Sri Lanka - 2021
Contents:
- Strawberry Price in Sri Lanka (FOB) - 2022
- Strawberry Price in Sri Lanka (CIF) - 2022
- Strawberry Exports in Sri Lanka
- Strawberry Imports in Sri Lanka
Strawberry Price in Sri Lanka (FOB) - 2022
In 2022, the average strawberry export price amounted to $8,638 per ton, picking up by 1.8% against the previous year. In general, the export price posted a strong increase. The most prominent rate of growth was recorded in 2017 an increase of 71%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($11,710 per ton), while the average price for exports to Maldives ($1,967 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 United Arab Emirates (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Strawberry Price in Sri Lanka (CIF) - 2022
In 2022, the average strawberry import price amounted to $1,610 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price showed a mild decrease. The pace of growth was the most pronounced in 2016 an increase of 185% against the previous year. The import price peaked at $5,154 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($10,000 per ton), while the price for Belgium ($750 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.9%), while the prices for the other major suppliers experienced a decline.
Strawberry Exports in Sri Lanka
In 2022, the amount of strawberries exported from Sri Lanka surged to 59 tons, growing by 71% on the previous year. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 728%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, strawberry exports skyrocketed to $511K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,193% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Strawberry in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 25.3 | 16.2 | 174 | 358 | 141.9% |
| Bahrain | 2.5 | 2.1 | 92.7 | 129 | 272.3% |
| Maldives | 6.2 | 0.1 | 0.4 | 22.8 | 54.4% |
| United Kingdom | 0.3 | 0.2 | 0.9 | N/A | 73.2% |
| Kuwait | 5.2 | 1.6 | 8.9 | N/A | 30.8% |
| Qatar | 1.7 | 1.3 | 8.5 | N/A | 123.6% |
| Others | 4.0 | 1.2 | 7.8 | 0.5 | -50.0% |
| Total | 45.1 | 22.7 | 293 | 511 | 124.6% |
Top Export Markets for Strawberry from Sri Lanka in 2022:
- India (36.5 tons)
- Maldives (11.6 tons)
- Bahrain (11.0 tons)
Strawberry Imports in Sri Lanka
For the third consecutive year, Sri Lanka recorded decline in purchases abroad of strawberries, which decreased by 0% to 59 kg in 2022. Over the period under review, imports faced a precipitous contraction. The smallest decline of -97.5% was in 2020.
In value terms, strawberry imports amounted to $95 in 2022. In general, imports saw a precipitous setback. The smallest decline of -97.6% was in 2020.
| Import of Strawberry in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 3,374 | 112 | N/A | 50.0 | -75.4% |
| Belgium | 1,889 | 56.0 | N/A | 21.0 | -77.7% |
| United Arab Emirates | N/A | N/A | N/A | 12.0 | 0% |
| India | 308 | 10.0 | N/A | 10.0 | -68.1% |
| Australia | 212 | 6.0 | N/A | 2.0 | -78.9% |
| France | 1,828 | N/A | N/A | N/A | 0% |
| Others | 33.0 | 3.0 | N/A | N/A | -90.9% |
| Total | 7,644 | 187 | N/A | 95.0 | -76.8% |
Top Suppliers of Strawberry to Sri Lanka in 2022:
- Belgium (28.0 kg)
- Singapore (26.0 kg)
- United Arab Emirates (3.0 kg)
- Australia (1.0 kg)
- India (1.0 kg)
This report provides an in-depth analysis of the strawberry 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 544 - Strawberries
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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