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Sri Lanka - Tomatoes - Market Analysis, Forecast, Size, Trends and Insights
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Sri Lanka: Tomato Market Overview 2021

Tomato Market Size in Sri Lanka

The Sri Lankan tomato market dropped dramatically to $X in 2020, shrinking by -X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Tomato consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Tomato Production in Sri Lanka

In value terms, tomato production reduced dramatically to $X in 2020 estimated in export prices. In general, production showed a pronounced curtailment. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Tomato production peaked at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

In 2020, the average tomato yield in Sri Lanka was estimated at X tonnes per ha, increasing by X% compared with 2019 figures. Overall, the yield indicated a moderate increase from 2007 to 2020: its figure 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, tomato yield decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the average tomato yield reached the maximum level at X tonnes per ha in 2017; however, from 2018 to 2020, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of tomatoes production in Sri Lanka fell modestly to X ha, remaining constant against the year before. In general, the harvested area showed a slight downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. The tomato harvested area peaked at X ha in 2012; however, from 2013 to 2020, the harvested area stood at a somewhat lower figure.

Tomato Exports

Exports from Sri Lanka

In 2020, approx. X tonnes of tomatoes were exported from Sri Lanka; dropping by -X% on the year before. Over the period under review, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, tomato exports reduced markedly to $X in 2020. Overall, exports recorded a significant contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2018 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Maldives (X tonnes) was the main destination for tomato exports from Sri Lanka, accounting for a approx. X% share of total exports.

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

In value terms, Maldives ($X) also remains the key foreign market for tomato exports from Sri Lanka.

From 2007 to 2020, the average annual rate of growth in terms of value to Maldives stood at -X%.

Export Prices by Country

In 2020, the average tomato export price amounted to $X per tonne, which is down by -X% against the previous year. In general, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2015 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2020, export prices stood 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.

Tomato Imports

Imports into Sri Lanka

In 2020, after seven years of growth, there was significant decline in supplies from abroad of tomatoes, when their volume decreased by -X% to X tonnes. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2019, and then fell in the following year.

In value terms, tomato imports soared to $X in 2020. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, the Netherlands (X tonnes) was the main tomato supplier to Sri Lanka, with a X% share of total imports. It was followed by Spain (X kg), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from the Netherlands totaled +X%.

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

From 2007 to 2020, the average annual growth rate of value from the Netherlands amounted to +X%.

Import Prices by Country

The average tomato import price stood at $X per tonne in 2020, jumping by X% against the previous year. In general, import price indicated mild growth from 2007 to 2020: its price 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, tomato import price increased by +X% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per tonne), while the price for the Netherlands stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain (+X% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tomatoes in the world?
+
The country with the largest volume of tomato consumption was China (65M tonnes), accounting for 35% of total volume. Moreover, tomato consumption in China exceeded the figures recorded by the second-largest consumer, India (20M tonnes), threefold. Turkey (13M tonnes) ranked third in terms of total consumption with a 6.8% share.
What are the largest producers of tomatoes in the world?
+
China (66M tonnes) remains the largest tomato producing country worldwide, accounting for 35% of total volume. Moreover, tomato production in China exceeded the figures recorded by the second-largest producer, India (20M tonnes), threefold. Turkey (13M tonnes) ranked third in terms of total production with a 7% share.
What are the leading suppliers of tomatoes to Sri Lanka?
+
In value terms, the Netherlands ($25K) constituted the largest supplier of tomato to Sri Lanka, comprising 86% of total imports. The second position in the ranking was occupied by Spain ($2.9K), with a 10% share of total imports.
What are the leading importers of tomatoes from Sri Lanka?
+
In value terms, Maldives ($42K) remains the key foreign market for tomato exports from Sri Lanka.
What is the average export price for tomatoes in Sri Lanka?
+
The average tomato export price stood at $1,225 per tonne in 2020, dropping by -49.8% against the previous year.
What is the average import price for tomatoes in Sri Lanka?
+
In 2020, the average tomato import price amounted to $2,740 per tonne, with an increase of 52% against the previous year.

Product coverage:
• FCL 388 - Tomatoes, fresh

This report provides an in-depth analysis of the tomato 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 2030
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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