Sri Lanka: Cabbage Market Overview 2020

Cabbage Market Size in Sri Lanka

The revenue of the cabbage market in Sri Lanka amounted to $X in 2018, surging by X% against the previous year. Over the period under review, the total market indicated significant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cabbage consumption decreased by -X% against 2013 indices. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Cabbage consumption peaked at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Cabbage Production in Sri Lanka

In value terms, cabbage production stood at $X in 2018 estimated in export prices. Over the period under review, cabbage production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, cabbage production reached its maximum level at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

Average yield of cabbage and other brassicas in Sri Lanka stood at X tonne per ha in 2018, going up by X% against the previous year. Overall, the yield indicated prominent growth from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cabbage yield increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2013 when yield increased by X% against the previous year. In that year, the average cabbage yield reached its peak level of X tonne per ha. From 2014 to 2018, the growth of the average cabbage yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the cabbage harvested area in Sri Lanka amounted to X ha, approximately reflecting the previous year. In general, the cabbage harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when harvested area increased by X% against the previous year. Cabbage harvested area peaked at X ha in 2008; however, from 2009 to 2018, harvested area remained at a lower figure.

Cabbage Exports

Exports from Sri Lanka

In 2018, the amount of cabbage and other brassicas exported from Sri Lanka amounted to X tonnes, growing by X% against the previous year. Overall, cabbage exports continue to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, cabbage exports reached their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, cabbage exports totaled $X in 2018. In general, cabbage exports continue to indicate extraordinary growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Exports peaked in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

Maldives (X tonnes) was the main destination for cabbage exports from Sri Lanka, accounting for a X% share of total exports. Moreover, cabbage exports to Maldives exceeded the volume sent to the second major destination, Kuwait (X tonnes), sevenfold. Australia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Maldives amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+X% per year) and Australia (+X% per year).

In value terms, Maldives ($X) remains the key foreign market for cabbage exports from Sri Lanka, comprising X% of total cabbage exports. The second position in the ranking was occupied by Kuwait ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Maldives totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+X% per year) and Australia (+X% per year).

Export Prices by Country

The average cabbage export price stood at $X per tonne in 2018, therefore, remained relatively stable against the previous year. In general, the cabbage export price continues to indicate modest growth. The pace of growth was the most pronounced in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for cabbage and other brassicas attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for cabbage and other brassicas remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Maldives ($X per tonne), while the average price for exports to Australia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Maldives, while the prices for the other major destinations experienced a decline.

Cabbage Imports

Imports into Sri Lanka

In 2018, approx. X tonnes of cabbage and other brassicas were imported into Sri Lanka; lowering by -X% against the previous year. In general, cabbage imports continue to indicate a measured deduction. The growth pace was the most rapid in 2013 when imports increased by X% year-to-year. Over the period under review, cabbage imports attained their maximum at X tonnes in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, cabbage imports totaled $X in 2018. Overall, cabbage imports continue to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, cabbage imports attained their peak figure at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Thailand (X tonnes) was the main supplier of cabbage to Sri Lanka, with a X% share of total imports. It was followed by India (X kg), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of volume from Thailand stood at +X%.

In value terms, Thailand ($X) constituted the largest supplier of cabbage to Sri Lanka, comprising X% of total cabbage imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from Thailand totaled -X%.

Import Prices by Country

The average cabbage import price stood at $X per tonne in 2018, dropping by -X% against the previous year. Overall, the cabbage import price continues to indicate an abrupt setback. The growth pace was the most rapid in 2014 an increase of X% year-to-year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Thailand ($X per tonne), while the price for India amounted to $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand.

Source: IndexBox AI Platform