Sri Lanka - Artichokes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingArtichoke Price in Sri Lanka - 2022
Contents:
- Artichoke Price in Sri Lanka (CIF) - 2022
- Artichoke Price in Sri Lanka (FOB) - 2022
- Artichoke Imports in Sri Lanka
- Artichoke Exports in Sri Lanka
Artichoke Price in Sri Lanka (CIF) - 2022
The average artichoke import price stood at $1,208 per ton in 2022, reducing by -16% against the previous year. In general, the import price saw a deep setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 17% against the previous year. As a result, import price reached the peak level of $3,282 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +11.8% per year.
Artichoke Price in Sri Lanka (FOB) - 2022
In 2022, the average artichoke export price amounted to $5,371 per ton, with an increase of 14% against the previous year. Over the period under review, the export price saw buoyant growth. The growth pace was the most rapid in 2018 when the average export price increased by 114% against the previous year. Over the period under review, the average export prices attained the maximum at $6,412 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 Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +17.7% per year.
Artichoke Imports in Sri Lanka
In 2022, supplies from abroad of artichokes decreased by -98% to 669 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 145% against the previous year.
In value terms, artichoke imports shrank sharply to $808 in 2022. Overall, imports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 125%.
| Import of Artichoke in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.1 | 4.7 | 34.1 | 0.8 | 100.0% |
| Niger | 1.9 | 6.7 | N/A | N/A | 252.6% |
| Thailand | 10.0 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 1.4 | 28.5 | 13.9 | N/A | 215.1% |
| Others | 4.2 | N/A | N/A | N/A | 0% |
| Total | 17.7 | 39.9 | 47.9 | 0.8 | -64.4% |
Top Suppliers of Artichoke to Sri Lanka in 2022:
- Netherlands (669.0 kg)
Artichoke Exports in Sri Lanka
Artichoke exports from Sri Lanka declined significantly to 35 kg in 2022, dropping by -97.7% against 2021 figures. In general, exports showed a precipitous contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 19% against the previous year.
In value terms, artichoke exports shrank notably to $188 in 2022. Over the period under review, exports showed a precipitous curtailment. The smallest decline of -12.7% was in 2021.
| Export of Artichoke in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.2 | 0.8 | 5.2 | 0.2 | 0.0% |
| Norway | N/A | 1.1 | N/A | N/A | 0% |
| United Arab Emirates | 10.2 | 5.3 | 0.2 | N/A | -86.0% |
| Maldives | 2.4 | 1.0 | 0.5 | N/A | -54.4% |
| Canada | N/A | N/A | 1.4 | N/A | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 12.8 | 8.4 | 7.3 | 0.2 | -75.0% |
Top Export Markets for Artichoke from Sri Lanka in 2022:
- Saudi Arabia (35.0 kg)
This report provides an in-depth analysis of the artichoke 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:
- FCL 366 - Artichokes
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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