Sri Lanka: Market for Fresh cheese (unripened or uncured cheese), including whey cheese and curd 2021

Market Size for Fresh cheese (unripened or uncured cheese), including whey cheese and curd in Sri Lanka

The Sri Lankan market for fresh cheese (unripened or uncured cheese), including whey cheese and curd totaled $X in 2020, leveling off at the previous year. Over the period under review, the total consumption indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Consumption peaked in 2020 and is expected to retain growth in the near future.

Production of Fresh cheese (unripened or uncured cheese), including whey cheese and curd in Sri Lanka

In value terms, production of fresh cheese (unripened or uncured cheese), including whey cheese and curd contracted to $X in 2020 estimated in export prices. Overall, the total production indicated a perceptible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2014 to 2020, production growth failed to regain the momentum.

Exports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Exports from Sri Lanka

In 2020, shipments abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, exports recorded a resilient increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd soared to $X in 2020. In general, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in the near future.

Exports by Country

Maldives (X tons) was the main destination for exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd from Sri Lanka, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Maldives amounted to +X%.

In value terms, Maldives ($X) also remains the key foreign market for fresh cheese (unripened or uncured cheese), including whey cheese and curd exports from Sri Lanka.

From 2007 to 2020, the average annual rate of growth in terms of value to Maldives totaled +X%.

Export Prices by Country

In 2020, the average export price for fresh cheese (unripened or uncured cheese), including whey cheese and curd amounted to $X per ton, shrinking by -X% against the previous year. In general, the export price saw a slight descent. The growth pace was the most rapid in 2013 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per ton. From 2014 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2007 to 2020, the rate of growth in terms of prices for Maldives amounted to -X% per year.

Imports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Imports into Sri Lanka

In 2020, supplies from abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd increased by X% to X tons, rising for the fourth consecutive year after four years of decline. In general, imports posted a strong expansion. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum in 2020 and are likely to continue growth in the immediate term.

In value terms, imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd surged to $X in 2020. Over the period under review, imports recorded strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia (X tons), New Zealand (X tons) and the UK (X tons) were the main suppliers of imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd to Sri Lanka, together accounting for X% of total imports. These countries were followed by Austria, the Netherlands and the United Arab Emirates, which together accounted for a further X 2007 to 2020, the biggest increases were in the Netherlands (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constituted the largest supplier of fresh cheese (unripened or uncured cheese), including whey cheese and curd to Sri Lanka, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Australia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and New Zealand (+X% per year).

Import Prices by Country

In 2020, the average import price for fresh cheese (unripened or uncured cheese), including whey cheese and curd amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2010; however, from 2011 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Austria ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform