Price for Cereals; Barley, Other than Seed in Sri Lanka - 2022
Contents:
- Price for Cereals; Barley, Other than Seed in Sri Lanka (CIF) - 2022
- Price for Cereals; Barley, Other than Seed in Sri Lanka (FOB) - 2022
- Imports of Cereals; Barley, Other than Seed in Sri Lanka
- Exports of Cereals; Barley, Other than Seed in Sri Lanka
Price for Cereals; Barley, Other than Seed in Sri Lanka (CIF) - 2022
The average import price for cereals; barley, other than seeds stood at $1,205 per ton in 2022, surging by 67% against the previous year. In general, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 215%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual 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 ($1,198 per ton), while the price for Ukraine ($682 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Barley, Other than Seed in Sri Lanka (FOB) - 2022
The average export price for cereals; barley, other than seeds stood at $2,034 per ton in 2022, stabilizing at the previous year. Overall, the export price, however, saw a perceptible setback. The pace of growth was the most pronounced in 2020 an increase of 53%. The export price peaked at $3,241 per ton in 2012; however, from 2013 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 Maldives ($3,500 per ton), while the average price for exports to the UK ($1,310 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 Australia (+3.0%), while the prices for the other major destinations experienced a decline.
Imports of Cereals; Barley, Other than Seed in Sri Lanka
Cereals; barley, other than seed imports into Sri Lanka dropped rapidly to 106 tons in 2022, which is down by -39.8% on the year before. Over the period under review, imports saw a sharp contraction. The smallest decline of -7.3% was in 2020.
In value terms, cereals; barley, other than seed imports totaled $128K in 2022. Overall, imports recorded a dramatic shrinkage.
| Import of Cereals; Barley, Other than Seed in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 249 | 132 | 77.2 | 46.9 | -42.7% |
| Netherlands | 13.4 | 3.7 | 12.0 | 23.8 | 21.1% |
| India | 8.1 | 6.5 | 12.6 | 16.3 | 26.3% |
| Australia | N/A | 89.1 | N/A | N/A | 0% |
| Others | 20.5 | N/A | 24.7 | 40.6 | 25.6% |
| Total | 291 | 232 | 126 | 128 | -23.9% |
Top Suppliers of Cereals; Barley, Other than Seed to Sri Lanka in 2022:
- Ukraine (68.7 tons)
- Netherlands (19.9 tons)
- India (17.2 tons)
Exports of Cereals; Barley, Other than Seed in Sri Lanka
Cereals; barley, other than seed exports from Sri Lanka shrank dramatically to 1.5 tons in 2022, dropping by -27.6% against the previous year's figure. Overall, exports faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 24%.
In value terms, cereals; barley, other than seed exports reduced remarkably to $3K in 2022. In general, exports showed a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 7.5% against the previous year. As a result, the exports reached the peak of $4.7K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cereals; Barley, Other than Seed in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 582 | 176 | 328 | 761 | 9.4% |
| Switzerland | 67.0 | 436 | 1,068 | 259 | 56.9% |
| United Kingdom | 358 | 365 | 317 | 228 | -14.0% |
| New Zealand | 18.0 | 52.0 | 82.0 | 206 | 125.4% |
| France | 352 | 245 | 256 | 197 | -17.6% |
| Canada | N/A | N/A | N/A | 95.0 | 0% |
| Germany | 70.0 | 82.0 | 82.0 | 59.0 | -5.5% |
| Netherlands | 442 | N/A | N/A | N/A | 0% |
| Sweden | N/A | N/A | 99.0 | N/A | 0% |
| United States | 140 | 1,017 | N/A | N/A | 626.4% |
| Others | 2,386 | 2,371 | 1,882 | 1,185 | -20.8% |
| Total | 4,415 | 4,744 | 4,114 | 2,990 | -12.2% |
Top Export Markets for Cereals; Barley, Other than Seed from Sri Lanka in 2022:
- Australia (353.0 kg)
- United Kingdom (174.0 kg)
- France (83.0 kg)
- Switzerland (83.0 kg)
- New Zealand (70.0 kg)
- Canada (41.0 kg)
- Germany (41.0 kg)
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