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Sri Lanka - Uncooked Pasta - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUncooked Pasta Price in Sri Lanka - 2021
Contents:
- Uncooked Pasta Price in Sri Lanka (FOB) - 2022
- Uncooked Pasta Price in Sri Lanka (CIF) - 2022
- Uncooked Pasta Exports in Sri Lanka
- Uncooked Pasta Imports in Sri Lanka
Uncooked Pasta Price in Sri Lanka (FOB) - 2022
In 2022, the average uncooked pasta export price amounted to $2,580 per ton, rising by 12% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, uncooked pasta export price increased by +174.6% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 119% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($3,253 per ton), while the average price for exports to Oman ($1,432 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 Papua New Guinea (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Uncooked Pasta Price in Sri Lanka (CIF) - 2022
In 2022, the average uncooked pasta import price amounted to $1,211 per ton, picking up by 4.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2013 an increase of 16% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,139 per ton), while the price for India ($648 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Uncooked Pasta Exports in Sri Lanka
In 2022, approx. 854 tons of uncooked pasta were exported from Sri Lanka; approximately mirroring the year before. The total export volume increased at an average annual rate of +8.1% 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 exports increased by 38%. As a result, the exports reached the peak of 931 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, uncooked pasta exports expanded markedly to $2.2M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 41% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
Export of Uncooked Pasta in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Maldives | 826 | 939 | 1,083 | 1,191 | 13.0% |
United Kingdom | 103 | 152 | 246 | 229 | 30.5% |
Italy | 96.7 | 178 | 103 | 185 | 24.1% |
United Arab Emirates | 31.5 | 32.6 | 52.4 | 153 | 69.4% |
France | 14.1 | 13.8 | 35.8 | 85.7 | 82.5% |
Australia | 73.1 | 135 | 72.0 | 73.9 | 0.4% |
Canada | 46.4 | 114 | 96.4 | 56.1 | 6.5% |
United States | 17.2 | 36.3 | 23.1 | 41.0 | 33.6% |
Germany | 24.7 | 76.1 | 25.6 | 35.1 | 12.4% |
Oman | 31.9 | 90.1 | 103 | 19.8 | -14.7% |
Others | 127 | 196 | 113 | 132 | 1.3% |
Total | 1,391 | 1,964 | 1,953 | 2,202 | 16.5% |
Top Export Markets for Uncooked Pasta from Sri Lanka in 2022:
- Maldives (433.9 tons)
- United Kingdom (87.5 tons)
- United Arab Emirates (69.7 tons)
- Italy (56.8 tons)
- Canada (38.4 tons)
- Australia (38.4 tons)
- France (35.4 tons)
- United States (16.0 tons)
- Germany (14.0 tons)
- Oman (13.8 tons)
Uncooked Pasta Imports in Sri Lanka
In 2022, overseas purchases of uncooked pasta decreased by -42.5% to 739 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports faced a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 23%. As a result, imports reached the peak of 1.3K tons, and then contracted dramatically in the following year.
In value terms, uncooked pasta imports dropped markedly to $895K in 2022. Overall, imports recorded a perceptible descent. The growth pace was the most rapid in 2021 when imports increased by 39%. As a result, imports attained the peak of $1.5M, and then fell remarkably in the following year.
Import of Uncooked Pasta in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 553 | 671 | 619 | 486 | -4.2% |
United Arab Emirates | 67.2 | 111 | 170 | 143 | 28.6% |
Thailand | 142 | 52.8 | 259 | 106 | -9.3% |
China | 20.0 | 23.2 | 43.0 | 49.6 | 35.4% |
Turkey | 31.8 | 36.1 | 63.0 | 32.2 | 0.4% |
Italy | 31.1 | 29.9 | 187 | 26.3 | -5.4% |
Greece | 15.3 | 29.7 | 58.4 | 13.4 | -4.3% |
Singapore | 72.9 | 6.8 | 21.0 | 9.2 | -49.8% |
Others | 91.9 | 114 | 69.4 | 29.0 | -31.9% |
Total | 1,025 | 1,075 | 1,489 | 895 | -4.4% |
Top Suppliers of Uncooked Pasta to Sri Lanka in 2022:
- Australia (364.5 tons)
- United Arab Emirates (151.8 tons)
- Thailand (74.5 tons)
- China (40.7 tons)
- Turkey (39.4 tons)
- Italy (12.3 tons)
- Greece (11.6 tons)
- Singapore (8.7 tons)
This report provides an in-depth analysis of the uncooked pasta market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10731130 - Uncooked pasta, containing eggs (excluding stuffed or otherwise prepared)
- Prodcom 10731150 - Uncooked pasta (excluding containing eggs, stuffed or otherwise prepared)
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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