Price for Cheese of All Kinds, Grated or Powdered in Sri Lanka - 2022
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Sri Lanka (CIF) - 2022
- Price for Cheese of All Kinds, Grated or Powdered in Sri Lanka (FOB) - 2022
- Imports of Cheese of All Kinds, Grated or Powdered in Sri Lanka
- Exports of Cheese of All Kinds, Grated or Powdered in Sri Lanka
Price for Cheese of All Kinds, Grated or Powdered in Sri Lanka (CIF) - 2022
In 2022, the average import price for cheese of all kinds, grated or powdered amounted to $4,769 per ton, declining by -5.3% against the previous year. Over the period under review, the import price recorded a mild curtailment. The pace of growth appeared the most rapid in 2021 an increase of 19% against the previous year. The import price peaked at $5,718 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($7,039 per ton), while the price for Australia ($3,539 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Cheese of All Kinds, Grated or Powdered in Sri Lanka (FOB) - 2022
In 2022, the average export price for cheese of all kinds, grated or powdered amounted to $3,333 per ton, with an increase of 61% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced shrinkage. The export price peaked at $7,189 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -6.4% per year.
Imports of Cheese of All Kinds, Grated or Powdered in Sri Lanka
After three years of growth, overseas purchases of cheese of all kinds, grated or powdered decreased by -8% to 936 tons in 2022. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 23%.
In value terms, imports of cheese of all kinds, grated or powdered fell to $4.5M in 2022. The total import value increased at an average annual rate of +8.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, imports reached the peak of $5.1M, and then declined in the following year.
| Import of Cheese of All Kinds, Grated or Powdered in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 2,012 | 2,643 | 3,073 | 2,508 | 7.6% |
| India | 16.0 | 44.3 | 126 | 847 | 275.5% |
| Denmark | 917 | 1,024 | 1,086 | 675 | -9.7% |
| United Kingdom | 60.8 | 82.4 | 114 | 183 | 44.4% |
| France | 37.9 | 2.9 | 29.5 | 79.5 | 28.0% |
| Australia | 265 | 150 | 248 | 46.7 | -43.9% |
| Others | 182 | 146 | 450 | 125 | -11.8% |
| Total | 3,490 | 4,092 | 5,126 | 4,464 | 8.6% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Sri Lanka in 2022:
- New Zealand (588.0 tons)
- India (151.0 tons)
- Denmark (95.9 tons)
- United Kingdom (50.7 tons)
- France (16.2 tons)
- Australia (13.2 tons)
Exports of Cheese of All Kinds, Grated or Powdered in Sri Lanka
In 2022, exports of cheese of all kinds, grated or powdered from Sri Lanka fell markedly to 51 kg, with a decrease of -62.8% on the previous year's figure. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 90% against the previous year. As a result, the exports attained the peak of 137 kg, and then fell markedly in the following year.
In value terms, exports of cheese of all kinds, grated or powdered reduced rapidly to $170 in 2022. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 19%.
| Export of Cheese of All Kinds, Grated or Powdered in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 306 | 239 | 222 | 170 | -17.8% |
| Singapore | N/A | N/A | 62.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 306 | 239 | 284 | 170 | -17.8% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Sri Lanka in 2022:
- Maldives (51.0 kg)
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