Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Sri Lanka - 2022

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Sri Lanka (CIF) - 2022
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Sri Lanka (FOB) - 2022
  3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Sri Lanka
  4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Sri Lanka

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Sri Lanka (CIF) - 2022

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $945 per ton, with an increase of 23% against the previous year. Over the period under review, the import price, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2015 an increase of 45%. As a result, import price attained the peak level of $1,329 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($1,099 per ton), while the price for Malaysia totaled $921 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+40.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Sri Lanka (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $1,324 per ton, jumping by 31% against the previous year. In general, the export price saw a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of 41%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +14.1% per year.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Sri Lanka

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses imported into Sri Lanka soared to 8.5 tons, increasing by 16% against 2021 figures. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 417%. As a result, imports reached the peak of 17 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses soared to $8K in 2022. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 393% against the previous year. As a result, imports attained the peak of $13K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia1.53.71.27.067.1%
United Arab EmiratesN/A0.90.41.05.4%
India0.57.00.5N/A0.0%
FinlandN/AN/A1.6N/A0%
Others0.61.01.9N/A78.0%
Total2.612.75.68.045.4%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Sri Lanka in 2022:

  1. Malaysia (7.6 tons)
  2. United Arab Emirates (0.9 tons)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Sri Lanka

After three years of growth, shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses decreased by 99.9% to 37 kg in 2022. In general, exports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 161%.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses declined dramatically to $49 in 2022. Over the period under review, exports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 105% against the previous year.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait42.19.624.6N/A-23.6%
Kenya5.942.732.4N/A134.3%
Oman45.255.415.3N/A-41.8%
JordanN/A16.5N/AN/A0%
GuatemalaN/A71.5N/AN/A0%
United Arab Emirates13.46.4169N/A255.1%
Saudi Arabia10.538.625.1N/A54.6%
Others12.123.77.2N/A-22.9%
Total129265273N/A45.5%

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Sri Lanka in 2022:

  1. United Arab Emirates (37.0 kg)

Source: IndexBox Market Intelligence Platform

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