Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Sri Lanka - 2022

Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Sri Lanka (CIF) - 2022

In 2022, the average import price for ground-nuts; in shell, not roasted or otherwise cooked amounted to $30,939 per ton, with a decrease of -16.1% against the previous year. Overall, the import price, however, continues to indicate a significant increase. The pace of growth was the most pronounced in 2021 an increase of 41%. As a result, import price attained the peak level of $36,894 per ton, and then fell notably in the following year.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +34.3% per year.

Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Sri Lanka

In 2022, purchases abroad of ground-nuts; in shell, not roasted or otherwise cooked was finally on the rise to reach 21 tons after two years of decline. Over the period under review, imports, however, saw a abrupt decrease.

In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked declined to $638K in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of $684K, and then declined in the following year.