Sri Lanka - Sweet Biscuits Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSweet Biscuit Price in Sri Lanka - 2021
Contents:
- Sweet Biscuit Price in Sri Lanka (FOB) - 2022
- Sweet Biscuit Price in Sri Lanka (CIF) - 2022
- Sweet Biscuit Exports in Sri Lanka
- Sweet Biscuit Imports in Sri Lanka
Sweet Biscuit Price in Sri Lanka (FOB) - 2022
In 2022, the average sweet biscuit export price amounted to $2,381 per ton, increasing by 14% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sweet biscuit export price increased by +108.7% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of 47% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
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 Maldives ($4,568 per ton), while the average price for exports to Sierra Leone ($1,396 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 Maldives (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
Sweet Biscuit Price in Sri Lanka (CIF) - 2022
In 2022, the average sweet biscuit import price amounted to $2,189 per ton, declining by -13.1% against the previous year. In general, the import price recorded a mild reduction. The pace of growth was the most pronounced in 2019 an increase of 141% against the previous year. The import price peaked at $2,960 per ton in 2013; however, from 2014 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 Malaysia ($4,588 per ton), while the price for Pakistan ($692 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sweet Biscuit Exports in Sri Lanka
In 2022, approx. 8.4K tons of sweet biscuits were exported from Sri Lanka; with an increase of 2.1% on the previous year's figure. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sweet biscuit exports skyrocketed to $20M in 2022. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 150%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Sweet Biscuit in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 2,469 | 1,401 | 4,125 | 3,377 | 11.0% |
| Maldives | 1,344 | 787 | 1,882 | 3,256 | 34.3% |
| Liberia | 79.9 | 43.5 | 590 | 1,659 | 174.9% |
| United Kingdom | 687 | 519 | 966 | 1,059 | 15.5% |
| Sierra Leone | 445 | 289 | 879 | 1,039 | 32.7% |
| Qatar | 573 | 463 | 708 | 954 | 18.5% |
| Gambia | 231 | 265 | 829 | 819 | 52.5% |
| United States | 512 | 296 | 755 | 763 | 14.2% |
| Guinea-Bissau | 219 | 66.3 | 511 | 641 | 43.0% |
| Canada | 362 | 359 | 647 | 555 | 15.3% |
| United Arab Emirates | 278 | 196 | 412 | 477 | 19.7% |
| Benin | N/A | 11.7 | 64.5 | 409 | 491.2% |
| Netherlands | 110 | 34.4 | 132 | 377 | 50.8% |
| Others | 2,617 | 2,148 | 4,665 | 4,642 | 21.1% |
| Total | 9,927 | 6,879 | 17,164 | 20,028 | 26.4% |
Top Export Markets for Sweet Biscuit from Sri Lanka in 2022:
- Ghana (1306.0 tons)
- Liberia (797.6 tons)
- Sierra Leone (744.2 tons)
- Maldives (712.9 tons)
- United Kingdom (533.3 tons)
- Qatar (423.1 tons)
- Gambia (410.3 tons)
- United States (350.4 tons)
- Guinea-Bissau (296.1 tons)
- Canada (277.2 tons)
- Benin (218.8 tons)
- United Arab Emirates (173.6 tons)
- Netherlands (163.1 tons)
Sweet Biscuit Imports in Sri Lanka
In 2022, approx. 74 tons of sweet biscuits were imported into Sri Lanka; growing by 2.9% against the previous year. In general, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 127%.
In value terms, sweet biscuit imports reduced to $162K in 2022. Over the period under review, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 123% against the previous year.
| Import of Sweet Biscuit in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 17.5 | 2.9 | 69.4 | 95.5 | 76.1% |
| United Kingdom | 12.2 | 6.8 | 14.0 | 20.5 | 18.9% |
| India | 6.8 | 0.6 | 3.9 | 18.5 | 39.6% |
| China | 7.1 | 0.1 | 2.4 | 7.4 | 1.4% |
| Pakistan | 1.7 | 0.3 | 0.1 | 6.6 | 57.2% |
| United Arab Emirates | 69.7 | 46.5 | 44.4 | 5.2 | -57.9% |
| Turkey | N/A | N/A | 2.7 | 1.9 | -29.6% |
| Denmark | 23.1 | 0.2 | N/A | N/A | -99.1% |
| Indonesia | 70.2 | 13.7 | 40.2 | N/A | -24.3% |
| Italy | 39.2 | 10.1 | 0.6 | N/A | -87.6% |
| Others | 24.7 | 0.3 | 3.6 | 6.6 | -35.6% |
| Total | 272 | 81.5 | 182 | 162 | -15.9% |
Top Suppliers of Sweet Biscuit to Sri Lanka in 2022:
- Indonesia (undefined tons)
- Malaysia (20.8 tons)
- India (20.6 tons)
- China (10.0 tons)
- Pakistan (9.5 tons)
- United Kingdom (4.8 tons)
- United Arab Emirates (4.6 tons)
- Turkey (2.0 tons)
This report provides an in-depth analysis of the sweet biscuit 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:
- Prodcom 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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