Sri Lanka - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTomato Ketchup Price in Sri Lanka - 2021
Contents:
- Tomato Ketchup Price in Sri Lanka (FOB) - 2022
- Tomato Ketchup Price in Sri Lanka (CIF) - 2022
- Tomato Ketchup Exports in Sri Lanka
- Tomato Ketchup Imports in Sri Lanka
Tomato Ketchup Price in Sri Lanka (FOB) - 2022
The average tomato ketchup export price stood at $1,728 per ton in 2022, reducing by -27.3% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 an increase of 38%. Over the period under review, the average export prices attained the peak figure at $2,378 per ton in 2021, and then contracted notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($3,808 per ton), while the average price for exports to Maldives ($1,159 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 India (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Tomato Ketchup Price in Sri Lanka (CIF) - 2022
The average tomato ketchup import price stood at $1,499 per ton in 2022, with an increase of 8.9% against the previous year. In general, the import price, however, showed a mild contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 11% against the previous year. The import price peaked at $1,737 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($3,000 per ton), while the price for the United States ($889 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Tomato Ketchup Exports in Sri Lanka
In 2022, the amount of tomato ketchup and tomato sauces exported from Sri Lanka dropped notably to 139 tons, falling by -26.2% against the previous year. Overall, exports showed a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 16%.
In value terms, tomato ketchup exports reduced rapidly to $241K in 2022. In general, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, the exports attained the peak of $449K, and then dropped significantly in the following year.
| Export of Tomato Ketchup in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 99.9 | 79.6 | 141 | 94.1 | -2.0% |
| United Arab Emirates | 0.1 | N/A | N/A | 42.8 | 653.6% |
| Canada | 9.1 | 34.1 | 18.5 | 21.8 | 33.8% |
| Australia | 12.2 | 69.9 | 69.2 | 20.3 | 18.5% |
| United States | 16.3 | 42.0 | 61.0 | 19.4 | 6.0% |
| American Samoa | N/A | N/A | N/A | 9.7 | 0% |
| Italy | 16.4 | 30.2 | 42.5 | 6.9 | -25.1% |
| United Kingdom | 62.0 | 39.2 | 36.3 | 1.4 | -71.7% |
| Singapore | 135 | 0.8 | 0.7 | 1.0 | -80.5% |
| India | 45.2 | 0.2 | N/A | 0.3 | -81.2% |
| Qatar | 39.1 | 6.8 | 2.9 | N/A | -72.8% |
| Others | 6.9 | 41.4 | 76.5 | 23.1 | 49.6% |
| Total | 442 | 344 | 449 | 241 | -18.3% |
Top Export Markets for Tomato Ketchup from Sri Lanka in 2022:
- Maldives (81.2 tons)
- United Arab Emirates (22.9 tons)
- Canada (7.3 tons)
- American Samoa (5.3 tons)
- Australia (5.3 tons)
- United States (5.1 tons)
- Italy (2.7 tons)
- United Kingdom (0.6 tons)
- Singapore (0.5 tons)
- India (0.2 tons)
Tomato Ketchup Imports in Sri Lanka
In 2022, tomato ketchup imports into Sri Lanka fell to 217 tons, with a decrease of -10.3% on the year before. In general, imports continue to indicate a dramatic setback.
In value terms, tomato ketchup imports contracted modestly to $326K in 2022. Overall, imports showed a abrupt setback.
| Import of Tomato Ketchup in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 76.5 | 104 | 71.9 | 76.5 | 0.0% |
| India | 41.2 | 33.3 | 36.5 | 75.8 | 22.5% |
| United States | 14.5 | 35.3 | 33.2 | 49.2 | 50.3% |
| Egypt | 281 | 99.7 | 64.7 | 42.8 | -46.6% |
| United Arab Emirates | 44.8 | 26.4 | 32.4 | 38.9 | -4.6% |
| Malaysia | 0.4 | 3.0 | 9.1 | 16.7 | 246.9% |
| Oman | 30.3 | 15.6 | 45.3 | 7.4 | -37.5% |
| Others | 37.2 | 91.8 | 40.7 | 18.6 | -20.6% |
| Total | 526 | 409 | 334 | 326 | -14.7% |
Top Suppliers of Tomato Ketchup to Sri Lanka in 2022:
- United States (55.4 tons)
- India (46.0 tons)
- Italy (42.6 tons)
- United Arab Emirates (30.7 tons)
- Egypt (23.3 tons)
- Malaysia (6.5 tons)
- Oman (4.0 tons)
This report provides an in-depth analysis of the tomato ketchup 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 10841230 - Tomato ketchup and other tomato sauces
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
- 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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