Sri Lanka - Chick Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChick Peas Price in Sri Lanka - 2021
Contents:
- Chick Peas Price in Sri Lanka (CIF) - 2022
- Chick Peas Price in Sri Lanka (FOB) - 2022
- Chick Peas Imports in Sri Lanka
- Chick Peas Exports in Sri Lanka
Chick Peas Price in Sri Lanka (CIF) - 2022
The average chick peas import price stood at $1,119 per ton in 2022, increasing by 6.6% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 35% against the previous year. As a result, import price attained the peak level of $1,225 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($1,449 per ton), while the price for Australia ($867 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Chick Peas Price in Sri Lanka (FOB) - 2022
The average chick peas export price stood at $913 per ton in 2022, dropping by -33.5% against the previous year. Over the period under review, the export price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2020 an increase of 87%. Over the period under review, the average export prices hit record highs at $1,373 per ton in 2021, and then contracted dramatically in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6,261 per ton), while the average price for exports to Pakistan ($740 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Chick Peas Imports in Sri Lanka
In 2022, purchases abroad of chick peas decreased by -26.8% to 16K tons, falling for the second consecutive year after two years of growth. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. As a result, imports reached the peak of 30K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, chick peas imports fell rapidly to $18M in 2022. Overall, imports showed a pronounced reduction. The pace of growth appeared the most rapid in 2020 with an increase of 20%. As a result, imports attained the peak of $25M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Chick Peas in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 14.3 | 14.2 | 6.7 | 13.7 | -1.4% |
| Australia | 0.7 | 1.6 | 1.6 | 2.4 | 50.8% |
| United States | 1.8 | 3.4 | 8.5 | 1.6 | -3.9% |
| Myanmar | N/A | N/A | N/A | 0.3 | 0% |
| Turkey | 0.6 | 1.3 | 2.6 | 0.1 | -45.0% |
| Canada | 1.9 | 0.7 | 2.7 | N/A | 19.2% |
| Others | 1.2 | 3.3 | 1.2 | 0.1 | -56.3% |
| Total | 20.5 | 24.5 | 23.3 | 18.2 | -3.9% |
Top Suppliers of Chick Peas to Sri Lanka in 2022:
- Turkey (undefinedK tons)
- India (11.5K tons)
- Australia (2.8K tons)
- United States (1.6K tons)
- Myanmar (0.2K tons)
Chick Peas Exports in Sri Lanka
In 2022, shipments abroad of chick peas was finally on the rise to reach 62 tons after two years of decline. Over the period under review, exports, however, recorded a sharp shrinkage.
In value terms, chick peas exports surged to $56K in 2022. Overall, exports, however, faced a precipitous decrease.
| Export of Chick Peas in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | N/A | N/A | N/A | 34.0 | 0% |
| Maldives | 23.3 | N/A | 1.8 | 14.3 | -15.0% |
| United Kingdom | 28.4 | 8.7 | 18.4 | 4.2 | -47.1% |
| Switzerland | 11.4 | 0.5 | 0.9 | 1.8 | -46.0% |
| United States | N/A | 18.6 | N/A | 0.1 | -92.7% |
| India | N/A | N/A | 9.3 | N/A | 0% |
| Canada | 157 | 8.1 | 12.0 | N/A | -72.4% |
| Turkey | 37.2 | N/A | N/A | N/A | 0% |
| Others | 75.3 | 28.3 | 6.1 | 2.0 | -70.2% |
| Total | 332 | 64.2 | 48.5 | 56.4 | -44.6% |
Top Export Markets for Chick Peas from Sri Lanka in 2022:
- United States (undefined tons)
- Pakistan (46.0 tons)
- Maldives (12.7 tons)
- United Kingdom (1.4 tons)
- Switzerland (1.2 tons)
This report provides an in-depth analysis of the chick peas 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 191 - Chick-peas, dry
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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