Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Sri Lanka - 2022

Contents:

  1. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Sri Lanka (FOB) - 2022
  2. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Sri Lanka (CIF) - 2022
  3. Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Sri Lanka
  4. Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Sri Lanka

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Sri Lanka (FOB) - 2022

The average export price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $3,466 per ton in 2022, surging by 117% against the previous year. In general, the export price, however, showed a abrupt contraction. Over the period under review, the average export prices hit record highs at $8,000 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($5,606 per ton), while the average price for exports to Qatar amounted to $3,097 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+18.8%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Sri Lanka (CIF) - 2022

The average import price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $723 per ton in 2022, rising by 54% against the previous year. Over the period under review, the import price showed slight growth. The import price peaked at $806 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +9.1% per year.

Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Sri Lanka

In 2022, after three years of growth, there was significant decline in shipments abroad of vegetables, brassica; brussel sprouts, fresh or chilleds, when their volume decreased by -31.8% to 292 kg. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 84%. As a result, the exports reached the peak of 428 kg, and then dropped remarkably in the following year.

In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds soared to $1K in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 91%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/AN/A7990%
Bahrain16.025.046.0185126.1%
Kuwait171301594N/A86.4%
Others14.033.045.028.026.0%
Total2013596851,01271.4%

Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Sri Lanka in 2022:

  1. Qatar (258.0 kg)
  2. Bahrain (33.0 kg)

Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Sri Lanka

In 2022, the amount of vegetables, brassica; brussel sprouts, fresh or chilleds imported into Sri Lanka reduced rapidly to 112 kg, waning by -86.5% compared with 2021 figures. Overall, imports faced a dramatic curtailment. The smallest decline of -28% was in 2021.

In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds contracted rapidly to $81 in 2022. Over the period under review, imports faced a dramatic setback. The smallest decline of -36% was in 2021.

Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A81.00%
Belgium99.069.052.0N/A-27.5%
Netherlands945280130N/A-62.9%
Australia348259207N/A-22.9%
Others204N/AN/AN/A0%
Total1,59660838981.0-63.0%

Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Sri Lanka in 2022:

  1. China (112.0 kg)

Source: IndexBox Market Intelligence Platform

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