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Sri Lanka - Oranges - Market Analysis, Forecast, Size, Trends and Insights
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Sri Lanka: Orange Market Overview 2021

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Orange Market Size in Sri Lanka

For the third year in a row, the Sri Lankan orange market recorded decline in sales value, which decreased by -X% to $X in 2020. Overall, consumption, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Orange Production in Sri Lanka

In value terms, orange production declined to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a modest 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 2014 with an increase of X% y-o-y. Over the period under review, production attained the maximum level at $X in 2019, and then contracted modestly in the following year.

In 2020, the average orange yield in Sri Lanka dropped to X tonnes per ha, flattening at 2019 figures. In general, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, the average orange yield reached the maximum level at X tonnes per ha in 2007; however, from 2008 to 2020, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the orange harvested area in Sri Lanka amounted to X ha, growing by X% against the year before. The harvested area increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to orange production attained the peak figure in 2020 and is likely to continue growth in years to come.

Orange Exports

Exports from Sri Lanka

In 2020, the amount of oranges exported from Sri Lanka surged to X tonnes, increasing by X% on the previous year's figure. Overall, exports continue to indicate a strong expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, orange exports soared to $X in 2020. In general, exports posted buoyant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X tonnes) was the main destination for orange exports from Sri Lanka, accounting for a X% share of total exports. Moreover, orange exports to Hong Kong SAR exceeded the volume sent to the second major destination, Maldives (X tonnes), eightfold.

From 2007 to 2020, the average annual growth rate of volume to Hong Kong SAR stood at +X%.

In value terms, Hong Kong SAR ($X) remains the key foreign market for orange exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was occupied by Maldives ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Hong Kong SAR amounted to +X%.

Export Prices by Country

In 2020, the average orange export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2017; however, from 2018 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Maldives ($X per tonne), while the average price for exports to Hong Kong SAR totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Maldives.

Orange Imports

Imports into Sri Lanka

In 2020, approx. X tonnes of oranges were imported into Sri Lanka; with a decrease of -X% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, orange imports shrank sharply to $X in 2020. Overall, imports, however, continue to indicate a notable increase. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2017; however, from 2018 to 2020, imports remained at a lower figure.

Imports by Country

South Africa (X tonnes), Australia (X tonnes) and Egypt (X tonnes) were the main suppliers of orange imports to Sri Lanka, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in South Africa, while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Australia ($X) and Egypt ($X) were the largest orange suppliers to Sri Lanka, with a combined X% share of total imports.

In terms of the main suppliers, South Africa recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average orange import price stood at $X per tonne in 2020, surging by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2012 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the maximum in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per tonne), while the price for Pakistan ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oranges in the world?
+
The countries with the highest volumes of orange consumption in 2020 were China (23M tonnes), Brazil (17M tonnes) and India (10M tonnes), with a combined 55% share of global consumption.
What are the largest producers of oranges in the world?
+
The countries with the highest volumes of orange production in 2020 were China (23M tonnes), Brazil (17M tonnes) and India (10M tonnes), with a combined 54% share of global production.
What are the leading suppliers of oranges to Sri Lanka?
+
In value terms, South Africa ($864K), Australia ($701K) and Egypt ($633K) constituted the largest orange suppliers to Sri Lanka, with a combined 84% share of total imports.
What are the leading importers of oranges from Sri Lanka?
+
In value terms, Hong Kong SAR ($53K) remains the key foreign market for orange exports from Sri Lanka, comprising 77% of total exports. The second position in the ranking was occupied by Maldives ($13K), with a 19% share of total exports.
What is the average export price for oranges in Sri Lanka?
+
The average orange export price stood at $1,067 per tonne in 2020, dropping by -4.2% against the previous year.
What is the average import price for oranges in Sri Lanka?
+
In 2020, the average orange import price amounted to $831 per tonne, surging by 19% against the previous year.

Product coverage:
• FCL 490 - Oranges

This report provides an in-depth analysis of the orange 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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