Price for Animals; Live, Birds, Psittaciformes in Sri Lanka - 2021

Contents:

  1. Price for Animals; Live, Birds, Psittaciformes in Sri Lanka (CIF) - 2022
  2. Price for Animals; Live, Birds, Psittaciformes in Sri Lanka (FOB) - 2022
  3. Imports of Animals; Live, Birds, Psittaciformes in Sri Lanka
  4. Exports of Animals; Live, Birds, Psittaciformes in Sri Lanka

Price for Animals; Live, Birds, Psittaciformes in Sri Lanka (CIF) - 2022

In 2022, the average animals; live, birds, psittaciformes import price amounted to $57 per unit, shrinking by -4.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 106%. Over the period under review, average import prices hit record highs at $75 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($91 per unit), while the price for Bahrain ($4.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+54.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Animals; Live, Birds, Psittaciformes in Sri Lanka (FOB) - 2022

The average animals; live, birds, psittaciformes export price stood at $9.3 per unit in 2022, shrinking by -34.4% against the previous year. Over the period under review, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 273%. The export price peaked at $90 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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 Singapore amounted to +9.3% per year.

Imports of Animals; Live, Birds, Psittaciformes in Sri Lanka

In 2022, imports of animals; live, birds, psittaciformeses into Sri Lanka fell notably to 528 units, with a decrease of -41.1% on 2021 figures. Over the period under review, imports faced a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 874% against the previous year. As a result, imports reached the peak of 896 units, and then dropped dramatically in the following year.

In value terms, animals; live, birds, psittaciformes imports reduced dramatically to $30K in 2022. In general, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 672%. As a result, imports attained the peak of $53K, and then declined notably in the following year.

Import of Animals; Live, Birds, Psittaciformes in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand24.35.312.421.7-3.7%
Czech Republic20.51.14.67.1-29.8%
Bahrain1.90.30.50.6-31.9%
United Arab Emirates0.6N/A0.20.2-30.7%
SurinameN/AN/A17.5N/A0%
United StatesN/AN/A10.6N/A0%
GuyanaN/AN/A7.2N/A0%
Others1.20.20.30.4-30.7%
Total48.46.953.330.1-14.6%

Top Suppliers of Animals; Live, Birds, Psittaciformes to Sri Lanka in 2022:

  1. Thailand (240.0 units)
  2. Czech Republic (147.0 units)
  3. Bahrain (127.0 units)
  4. United Arab Emirates (12.0 units)

Exports of Animals; Live, Birds, Psittaciformes in Sri Lanka

For the fourth consecutive year, Sri Lanka recorded growth in shipments abroad of animals; live, birds, psittaciformeses, which increased by 11% to 6.3K units in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 686% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, animals; live, birds, psittaciformes exports shrank notably to $58K in 2022. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 546% against the previous year. The exports peaked at $80K in 2021, and then dropped notably in the following year.

Export of Animals; Live, Birds, Psittaciformes in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives5.318.126.558.0122.0%
SingaporeN/A18.633.2N/A78.5%
Others0.40.220.10.40.0%
Total5.736.979.758.3117.1%

Top Export Markets for Animals; Live, Birds, Psittaciformes from Sri Lanka in 2022:

  1. Maldives (6.3K units)

Source: IndexBox Market Intelligence Platform

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