Sri Lanka - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPeanut Butter Price in Sri Lanka - 2021
Contents:
- Peanut Butter Price in Sri Lanka (CIF) - 2022
- Peanut Butter Price in Sri Lanka (FOB) - 2022
- Peanut Butter Imports in Sri Lanka
- Peanut Butter Exports in Sri Lanka
Peanut Butter Price in Sri Lanka (CIF) - 2022
The average peanut butter import price stood at $2,433 per ton in 2022, reducing by -12% against the previous year. Overall, the import price saw a slight contraction. The pace of growth was the most pronounced in 2015 an increase of 28%. The import price peaked at $2,947 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 China ($2,662 per ton), while the price for India ($1,296 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.2%), while the prices for the other major suppliers experienced a decline.
Peanut Butter Price in Sri Lanka (FOB) - 2022
In 2022, the average peanut butter export price amounted to $4,875 per ton, growing by 9.9% against the previous year. Overall, the export price continues to indicate prominent growth. The growth pace was the most rapid in 2019 an increase of 153% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($11,364 per ton), while the average price for exports to Australia ($3,136 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 Canada (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.
Peanut Butter Imports in Sri Lanka
Peanut butter imports into Sri Lanka contracted rapidly to 384 tons in 2022, dropping by -22.4% against the year before. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 9%. As a result, imports attained the peak of 494 tons, and then shrank remarkably in the following year.
In value terms, peanut butter imports fell remarkably to $934K in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 33%. As a result, imports attained the peak of $1.4M, and then reduced rapidly in the following year.
Import of Peanut Butter in Sri Lanka (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 803 | 927 | 1,135 | 814 | 0.5% |
India | 69.6 | 22.2 | 83.4 | 60.8 | -4.4% |
United States | 42.0 | 47.3 | 72.2 | 33.3 | -7.4% |
United Arab Emirates | 22.4 | 27.1 | 74.5 | 25.5 | 4.4% |
Others | 1.7 | 3.0 | 2.2 | 0.2 | -51.0% |
Total | 939 | 1,027 | 1,367 | 934 | -0.2% |
Top Suppliers of Peanut Butter to Sri Lanka in 2022:
- China (305.8 tons)
- India (46.9 tons)
- United States (17.7 tons)
- United Arab Emirates (13.2 tons)
Peanut Butter Exports in Sri Lanka
In 2022, peanut butter exports from Sri Lanka dropped significantly to 2.9 tons, which is down by -69.9% compared with the previous year's figure. Over the period under review, exports recorded a precipitous slump. The smallest decline of -39.4% was in 2020.
In value terms, peanut butter exports dropped dramatically to $14K in 2022. Overall, exports faced a dramatic descent. The smallest decline of -39% was in 2020.
Export of Peanut Butter in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 44.5 | 34.8 | 15.7 | 5.3 | -50.8% |
United Kingdom | 28.9 | 9.9 | N/A | 2.3 | -57.0% |
Maldives | 57.3 | 10.0 | 3.9 | 2.2 | -66.3% |
New Zealand | N/A | N/A | 3.4 | 1.1 | -67.6% |
Canada | 0.9 | N/A | 3.6 | 1.0 | 3.6% |
United Arab Emirates | N/A | N/A | N/A | 0.7 | 0% |
Denmark | N/A | N/A | 1.9 | 0.7 | -63.2% |
Oman | 59.4 | 57.6 | N/A | N/A | -3.0% |
Qatar | N/A | 3.0 | 1.5 | N/A | -50.0% |
Others | 7.0 | 5.4 | 13.3 | 1.0 | -47.7% |
Total | 198 | 121 | 43.4 | 14.4 | -58.3% |
Top Export Markets for Peanut Butter from Sri Lanka in 2022:
- Switzerland (1500.0 kg)
- United Kingdom (374.0 kg)
- Canada (200.0 kg)
- New Zealand (200.0 kg)
- Maldives (195.0 kg)
- Denmark (170.0 kg)
- United Arab Emirates (125.0 kg)
- Qatar (22.0 kg)
This report provides an in-depth analysis of the peanut butter 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:
- Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)
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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the peanut butter market in Sri Lanka.
This report provides an in-depth analysis of the market for nuts (prepared or preserved) in Sri Lanka.
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This report provides an in-depth analysis of the global peanut butter market.
This report provides an in-depth analysis of the global market for nuts (prepared or preserved).
This report provides an in-depth analysis of the global canned pineapple market.
This report provides an in-depth analysis of the peanut butter market in Sri Lanka.
This report provides an in-depth analysis of the market for nuts (prepared or preserved) in Sri Lanka.
This report provides an in-depth analysis of the canned pineapple market in Sri Lanka.
This report provides an in-depth analysis of the global peanut butter market.
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In 2015, the countries with the highest levels of nut production were China (X thousand tons), Mexico (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
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In 2015, the countries with the highest levels of nut production were China (X thousand tons), Mexico (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
Turkey is one of the leaders in the global nut trade. In 2014, Turkey exported X thousand tons of nuts totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total nut exports in
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