Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Sri Lanka - 2022

Contents:

  1. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Sri Lanka (FOB) - 2022
  2. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Sri Lanka (CIF) - 2022
  3. Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Sri Lanka
  4. Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Sri Lanka

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Sri Lanka (FOB) - 2022

The average export price for edible products of animal origin; not elsewhere specified or includeds stood at $7,789 per ton in 2022, rising by 5.1% against the previous year. Overall, the export price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2020 an increase of 68% against the previous year. As a result, the export price attained the peak level of $12,545 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +5.1% per year.

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Sri Lanka (CIF) - 2022

In 2021, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $1,000 per ton, almost unchanged from the previous year. Overall, the import price continues to indicate a deep slump. The pace of growth was the most pronounced in 2020 a decrease of 99.9% against the previous year. The import price peaked at $7,583 per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Albania ($1,000 per ton), while the price for Mozambique stood at $1,000 per ton.

From 2015 to 2021, the most notable rate of growth in terms of prices was attained by the United States (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Sri Lanka

Exports of edible products of animal origin; not elsewhere specified or includeds from Sri Lanka skyrocketed to 204 kg in 2022, with an increase of 70% compared with 2021. Overall, exports, however, showed a precipitous slump.

In value terms, exports of edible products of animal origin; not elsewhere specified or includeds surged to $1.6K in 2022. In general, exports, however, continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 85%. As a result, the exports reached the peak of $6.2K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/A0.91.677.8%
KuwaitN/A6.2N/AN/A0%
Japan3.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.46.20.91.6-22.2%

Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Sri Lanka in 2022:

  1. Qatar (204.0 kg)

Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Sri Lanka

In 2022, purchases abroad of edible products of animal origin; not elsewhere specified or includeds decreased by 99.9% to less than 0.1 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a sharp shrinkage.

In value terms, imports of edible products of animal origin; not elsewhere specified or includeds surged to $36 in 2022. In general, imports saw a dramatic descent.

Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Sri Lanka (USD)
COUNTRY201920202021CAGR,
2019-2021
MozambiqueN/AN/A2.00%
AlbaniaN/AN/A1.00%
New Zealand154N/AN/A0%
United States28.0N/AN/A0%
OthersN/A70.0N/A0%
Total18270.03.0-87.2%

Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Sri Lanka in 2022:

  1. Mozambique (2.0 kg)
  2. Albania (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Edible products of animal origin; not elsewhere specified or included - Sri Lanka