Report Update Apr 1, 2024

Sri Lanka - Papayas - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Papaya Market 2024

Papaya Market Size in Sri Lanka

For the seventh year in a row, the Sri Lankan papaya market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption continues to indicate a drastic downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Papaya Production in Sri Lanka

In value terms, papaya production declined to $X in 2022 estimated in export price. In general, production, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Papaya production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The average yield of papayas in Sri Lanka stood at less than X kg per ha in 2022, stabilizing at the previous year's figure. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of papayas were harvested in Sri Lanka; remaining constant against the previous year's figure. Overall, the harvested area showed a relatively flat trend pattern.

Papaya Exports

Exports from Sri Lanka

For the seventh consecutive year, Sri Lanka recorded growth in shipments abroad of papayas, which increased by X% to X tons in 2022. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, papaya exports skyrocketed to $X in 2022. In general, exports showed a strong increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for papaya exports from Sri Lanka, accounting for a X% share of total exports. It was followed by Qatar (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to X%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for papayas exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was taken by Qatar ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at X%.

Export Prices by Country

In 2022, the average papaya export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to the United Arab Emirates totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Papaya Imports

Imports into Sri Lanka

In 2022, imports of papayas into Sri Lanka fell sharply to X kg, with a decrease of X% against 2021 figures. Overall, imports saw a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, papaya imports declined dramatically to $X in 2022. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the UK (X kg) was the main papaya supplier to Sri Lanka, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the UK was relatively modest.

In value terms, the UK ($X) constituted the largest supplier of papayas to Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK was relatively modest.

Import Prices by Country

In 2022, the average papaya import price amounted to $X per ton, jumping by X% against the previous year. Overall, the import price saw buoyant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for papayas in the world?

India remains the largest papaya consuming country worldwide, comprising approx. 41% of total volume. Moreover, papaya consumption in India exceeded the figures recorded by the second-largest consumer, Brazil, fivefold. The Dominican Republic ranked third in terms of total consumption with an 8% share.

What are the largest producers of papayas in the world?

The country with the largest volume of papaya production was India, comprising approx. 41% of total volume. Moreover, papaya production in India exceeded the figures recorded by the second-largest producer, Brazil, fivefold. The Dominican Republic ranked third in terms of total production with a 7.8% share.

What are the leading suppliers of papayas to Sri Lanka?

In value terms, the UK constituted the largest supplier of papayas to Sri Lanka.

What are the leading importers of papayas from Sri Lanka?

In value terms, the United Arab Emirates remains the key foreign market for papayas exports from Sri Lanka, comprising 87% of total exports. The second position in the ranking was held by Qatar, with a 5% share of total exports.

What is the average export price for papayas in Sri Lanka?

In 2022, the average papaya export price amounted to $501 per ton, approximately reflecting the previous year.

What is the average import price for papayas in Sri Lanka?

The average papaya import price stood at $11,411 per ton in 2022, growing by 96% against the previous year.

This report provides an in-depth analysis of the papaya 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:

FCL 600 - Papayas

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023