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Sri Lanka - Cream Fresh - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCream Fresh Price in Sri Lanka - 2021
Contents:
- Cream Fresh Price in Sri Lanka (CIF) - 2022
- Cream Fresh Price in Sri Lanka (FOB) - 2022
- Cream Fresh Imports in Sri Lanka
- Cream Fresh Exports in Sri Lanka
Cream Fresh Price in Sri Lanka (CIF) - 2022
The average cream fresh import price stood at $2,891 per ton in 2022, jumping by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the Netherlands ($4,412 per ton), while the price for New Zealand ($2,299 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+85.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Cream Fresh Price in Sri Lanka (FOB) - 2022
In 2022, the average cream fresh export price amounted to $1,922 per ton, shrinking by -53.3% against the previous year. Overall, the export price, however, continues to indicate slight growth. The growth pace was the most rapid in 2014 when the average export price increased by 53%. Over the period under review, the average export prices attained the maximum at $5,591 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,703 per ton), while the average price for exports to Maldives totaled $1,470 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (-1.2%).
Cream Fresh Imports in Sri Lanka
In 2022, imports of cream fresh into Sri Lanka shrank dramatically to 142 tons, dropping by -54.5% on 2021 figures. Over the period under review, imports recorded a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 21%.
In value terms, cream fresh imports fell significantly to $409K in 2022. Overall, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. As a result, imports attained the peak of $764K, and then declined rapidly in the following year.
Import of Cream Fresh in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 534 | 429 | 620 | 227 | -24.8% |
Netherlands | N/A | 0.2 | 1.0 | 139 | 2536.3% |
Brazil | N/A | N/A | 16.5 | 31.8 | 92.7% |
Denmark | 77.5 | 35.3 | 39.0 | 10.8 | -48.2% |
Italy | 35.5 | 2.0 | 20.2 | N/A | -24.6% |
Others | 73.6 | 92.1 | 67.3 | 0.2 | -86.0% |
Total | 720 | 559 | 764 | 409 | -17.2% |
Top Suppliers of Cream Fresh to Sri Lanka in 2022:
- New Zealand (98.8 tons)
- Netherlands (31.5 tons)
- Brazil (8.2 tons)
- Denmark (2.8 tons)
Cream Fresh Exports in Sri Lanka
In 2022, overseas shipments of cream fresh decreased by -76.6% to 1 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a sharp slump. The growth pace was the most rapid in 2020 with an increase of 69%. As a result, the exports attained the peak of 8.9 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cream fresh exports reduced dramatically to $2K in 2022. Overall, exports faced a sharp slump. The pace of growth appeared the most rapid in 2020 when exports increased by 42%. As a result, the exports reached the peak of $42K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Cream Fresh in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Maldives | 15.0 | 14.7 | 9.4 | 1.4 | -54.6% |
United States | N/A | N/A | N/A | 0.6 | 0% |
Kuwait | 1.2 | 0.3 | N/A | N/A | -75.0% |
Seychelles | N/A | 1.3 | 0.7 | N/A | -46.2% |
United Arab Emirates | 11.4 | 25.2 | 2.8 | N/A | -50.4% |
Singapore | 0.1 | 0.2 | 2.5 | N/A | 400.0% |
Others | 1.6 | N/A | 2.6 | N/A | 27.5% |
Total | 29.4 | 41.8 | 17.9 | 2.0 | -59.2% |
Top Export Markets for Cream Fresh from Sri Lanka in 2022:
- Maldives (945.0 kg)
- United States (74.0 kg)
This report provides an in-depth analysis of the cream fresh 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 885 - Cream, Fresh
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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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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