Sri Lanka - Pistachios - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Pistachio Price in Sri Lanka - 2021

Contents:

  1. Pistachio Price in Sri Lanka (CIF) - 2022
  2. Pistachio Price in Sri Lanka (FOB) - 2022
  3. Pistachio Imports in Sri Lanka
  4. Pistachio Exports in Sri Lanka

Pistachio Price in Sri Lanka (CIF) - 2022

In 2022, the average pistachio import price amounted to $2,071 per ton, shrinking by -81.5% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 166% against the previous year. Over the period under review, average import prices reached the peak figure at $12,320 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($16,372 per ton), while the price for India ($1,556 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-2.6%), while the prices for the other major suppliers experienced a decline.

Pistachio Price in Sri Lanka (FOB) - 2022

The average pistachio export price stood at $22,445 per ton in 2022, picking up by 57% against the previous year. In general, the export price saw a prominent increase. The growth pace was the most rapid in 2013 an increase of 145% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -0.4% per year.

Pistachio Imports in Sri Lanka

Pistachio imports into Sri Lanka stood at 25 tons in 2022, therefore, remained relatively stable against the year before. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 429% against the previous year. As a result, imports reached the peak of 92 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, pistachio imports shrank significantly to $53K in 2022. Over the period under review, imports, however, continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2020 when imports increased by 80% against the previous year. As a result, imports attained the peak of $384K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Pistachio in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India18.220119.635.825.3%
United Arab Emirates45.11081777.5-45.0%
United States3.52.31.84.710.3%
Malaysia95.032.415.82.9-68.7%
Iran36.831.10.7N/A-86.2%
Others14.710.066.41.6-52.3%
Total21338428252.5-37.3%

Top Suppliers of Pistachio to Sri Lanka in 2022:

  1. India (23.0 tons)
  2. United States (1.5 tons)
  3. United Arab Emirates (0.5 tons)
  4. Malaysia (0.2 tons)

Pistachio Exports in Sri Lanka

In 2022, after three years of growth, there was significant decline in overseas shipments of pistachios, when their volume decreased by -57.5% to 164 kg. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 184%. As a result, the exports reached the peak of 386 kg, and then reduced sharply in the following year.

In value terms, pistachio exports dropped rapidly to $3.7K in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 158% against the previous year.

Export of Pistachio in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives0.60.12.83.783.4%
AustriaN/A2.0N/AN/A0%
SloveniaN/A0.82.3N/A187.5%
France0.5N/AN/AN/A0%
Czech RepublicN/AN/A0.4N/A0%
OthersN/AN/AN/AN/A0%
Total1.12.95.53.749.8%

Top Export Markets for Pistachio from Sri Lanka in 2022:

  1. Maldives (164.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pistachio 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 223 - Pistachios

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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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