Price for Sugars; Fructose, Chemically Pure, in Solid Form in Sri Lanka - 2022
Contents:
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Sri Lanka (CIF) - 2022
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Sri Lanka (FOB) - 2022
- Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Sri Lanka
- Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Sri Lanka
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Sri Lanka (CIF) - 2022
In 2022, the average import price for sugars; fructose, chemically pure, in solid form amounted to $1,066 per ton, picking up by 19% against the previous year. Overall, the import price, however, saw a pronounced downturn. The import price peaked at $1,428 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 United States ($2,698 per ton), while the price for Singapore ($240 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Sri Lanka (FOB) - 2022
In 2022, the average export price for sugars; fructose, chemically pure, in solid form amounted to $2,622 per ton, jumping by 23% against the previous year. In general, the export price, however, saw a abrupt slump. Over the period under review, the average export prices attained the maximum at $5,750 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -5.8% per year.
Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Sri Lanka
In 2022, approx. 205 tons of sugars; fructose, chemically pure, in solid form were imported into Sri Lanka; jumping by 15% against the previous year. The total import volume increased at an average annual rate of +15.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 35% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of sugars; fructose, chemically pure, in solid form soared to $246K in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 50%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Sugars; Fructose, Chemically Pure, in Solid Form in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 41.4 | 108 | 79.0 | 153 | 54.6% |
| Finland | 44.6 | 46.5 | 70.7 | 70.2 | 16.3% |
| China | 8.2 | 5.2 | 4.5 | 9.7 | 5.8% |
| Netherlands | N/A | 9.7 | 9.8 | 9.2 | -2.6% |
| Singapore | 17.3 | 3.5 | 2.9 | 2.3 | -49.0% |
| Others | 4.8 | 1.7 | 0.2 | 1.5 | -32.1% |
| Total | 116 | 174 | 167 | 246 | 28.5% |
Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Sri Lanka in 2022:
- Israel (128.7 tons)
- Finland (52.8 tons)
- China (10.0 tons)
- Singapore (9.7 tons)
- Netherlands (2.6 tons)
Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Sri Lanka
In 2022, approx. 37 kg of sugars; fructose, chemically pure, in solid form were exported from Sri Lanka; increasing by 61% on 2021 figures. Overall, exports enjoyed a notable expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 156% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of sugars; fructose, chemically pure, in solid form soared to $97 in 2022. In general, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year.
| Export of Sugars; Fructose, Chemically Pure, in Solid Form in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 166 | 43.0 | 70.0 | 97.0 | -16.4% |
| Singapore | N/A | 1.0 | 9.0 | N/A | 800.0% |
| Others | N/A | 3.0 | N/A | N/A | 0% |
| Total | 166 | 47.0 | 79.0 | 97.0 | -16.4% |
Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from Sri Lanka in 2022:
- United Kingdom (37.0 kg)
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