Report Update Nov 1, 2024

Sri Lanka - Brazil Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Brazil Nut Market 2024

Brazil Nut Market Size in Sri Lanka

The Sri Lankan brazil nut market surged to $X in 2022, jumping by 1,671% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Brazil nut consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Brazil Nut Production in Sri Lanka

In value terms, brazil nut production rose remarkably to $X in 2022 estimated in export price. Over the period under review, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 28%. Brazil nut production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

In 2022, the average brazil nut yield in Sri Lanka stood at less than X kg per ha, remaining constant against 2021. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of brazil nuts production in Sri Lanka amounted to less than X ha, almost unchanged from the year before. Overall, the harvested area recorded a relatively flat trend pattern.

Brazil Nut Exports

Exports from Sri Lanka

Brazil nut exports from Sri Lanka contracted dramatically to X tons in 2022, with a decrease of -68.3% against the previous year's figure. Over the period under review, exports, however, saw strong growth. The growth pace was the most rapid in 2014 with an increase of 3,919% against the previous year. The exports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, brazil nut exports contracted sharply to $X in 2022. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 4,039%. The exports peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

The United Arab Emirates (X tons), Kuwait (X tons) and Saudi Arabia (X tons) were the main destinations of brazil nut exports from Sri Lanka, with a combined 78% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +47.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for brazil nut exported from Sri Lanka were Kuwait ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), with a combined 79% share of total exports.

Saudi Arabia, with a CAGR of +49.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average brazil nut export price stood at $X per ton in 2022, with an increase of 15% against the previous year. In general, the export price recorded resilient growth. The growth pace was the most rapid in 2017 an increase of 51%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Qatar ($X 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 Qatar (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Brazil Nut Imports

Imports into Sri Lanka

In 2022, the amount of brazil nuts imported into Sri Lanka declined dramatically to X kg, shrinking by -75% compared with 2021. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of 533% against the previous year. Over the period under review, imports reached the peak figure at X kg in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, brazil nut imports contracted notably to $X in 2022. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 1,222% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Australia (X kg) was the main brazil nut supplier to Sri Lanka, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Australia was relatively modest.

In value terms, Australia ($X) constituted the largest supplier of brazil nuts to Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia was relatively modest.

Import Prices by Country

In 2022, the average brazil nut import price amounted to $X per ton, rising by 186% against the previous year. Overall, the import price posted a remarkable increase. The import price peaked at $X per ton in 2014; however, from 2015 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 Australia.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -7.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for brazil nuts in the world?

The countries with the highest volumes of brazil nut consumption in 2021 were Bolivia, Brazil and Indonesia, together accounting for 71% of global consumption. These countries were followed by Peru, Spain, Afghanistan and Benin, which together accounted for a further 19%.

What are the largest producers of brazil nuts in the world?

The countries with the highest volumes of brazil nut production in 2021 were Brazil, Bolivia and Indonesia, together comprising 76% of global production. These countries were followed by Peru, Afghanistan, Spain and Benin, which together accounted for a further 18%.

What are the leading suppliers of brazil nuts to Sri Lanka?

In value terms, the United Arab Emirates $7) constituted the largest supplier of brazil nut to Sri Lanka, comprising 88% of total imports. The second position in the ranking was occupied by India $1), with a 13% share of total imports.

What are the leading importers of brazil nuts from Sri Lanka?

In value terms, Algeria, the United Arab Emirates and Saudi Arabia appeared to be the largest markets for brazil nut exported from Sri Lanka worldwide, with a combined 70% share of total exports.

What is the average export price for brazil nuts in Sri Lanka?

In 2021, the average brazil nut export price amounted to $2,498 per ton, increasing by 2.6% against the previous year.

What is the average import price for brazil nuts in Sri Lanka?

The average brazil nut import price stood at $1,333 per ton in 2021, with a decrease of -24.7% against the previous year.

This report provides an in-depth analysis of the brazil nut 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 216 - Brazil nuts

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023