Report Update Nov 1, 2024

Sri Lanka - Crispbread - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Sri Lanka: Crispbread Market 2024

Crispbread Market Size in Sri Lanka

The Sri Lankan crispbread market rose slightly to $X in 2021, picking up by 1.8% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Crispbread Production in Sri Lanka

In value terms, crispbread production dropped to $X in 2021 estimated in export price. Overall, production, however, showed a mild contraction. The most prominent rate of growth was recorded in 2019 with an increase of 15% against the previous year. Crispbread production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Crispbread Exports

Exports from Sri Lanka

In 2021, shipments abroad of crispbread decreased by -0.4% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 679%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, crispbread exports soared to $X in 2021. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 532% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Kuwait (X tons), Oman (X tons) and the United States (X kg) were the main destinations of crispbread exports from Sri Lanka, together accounting for 75% of total exports. Maldives, Cyprus, Canada and Singapore lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +943.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kuwait ($X) remains the key foreign market for crispbread exports from Sri Lanka, comprising 39% of total exports. The second position in the ranking was held by Maldives ($X), with a 13% share of total exports. It was followed by the United States, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Kuwait stood at +57.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (+93.1% per year) and the United States (+34.6% per year).

Export Prices by Country

The average crispbread export price stood at $X per ton in 2021, picking up by 18% against the previous year. Overall, the export price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 32%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Maldives ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+141.7%), while the prices for the other major destinations experienced a decline.

Crispbread Imports

Imports into Sri Lanka

In 2021, overseas purchases of crispbread decreased by -64.8% to X kg for the first time since 2017, thus ending a three-year rising trend. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 291% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, crispbread imports contracted remarkably to $X in 2021. Over the period under review, imports showed a dramatic contraction. The pace of growth appeared the most rapid in 2013 with an increase of 303%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X kg), Thailand (X kg) and the United States (X kg) were the main suppliers of crispbread imports to Sri Lanka, with a combined 92% share of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of -3.1%), while purchases for the other leaders experienced a decline.

In value terms, the largest crispbread suppliers to Sri Lanka were India ($X), Thailand ($X) and the United States ($X), together comprising 63% of total imports.

India, with a CAGR of -13.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average crispbread import price amounted to $X per ton, which is down by -3.6% against the previous year. Over the period under review, the import price recorded a drastic downturn. The growth pace was the most rapid in 2016 an increase of 60%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (-5.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crispbread in the world?

The countries with the highest volumes of crispbread consumption in 2020 were China, the U.S. and India, together comprising 29% of global consumption. Sweden, Japan, Russia, Indonesia, Germany, Brazil, Pakistan, Bangladesh, the UK and France lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of crispbread in the world?

The countries with the highest volumes of crispbread production in 2020 were China, the U.S. and Sweden, with a combined 28% share of global production. India, Germany, Thailand, Japan, Russia, Indonesia, Brazil, Pakistan, Bangladesh and Mexico lagged somewhat behind, together accounting for a further 33%.

What are the leading suppliers of crispbread to Sri Lanka?

In value terms, the largest crispbread suppliers to Sri Lanka were the UK $943), Sweden $911) and China $11).

What are the leading importers of crispbread from Sri Lanka?

In value terms, Australia remains the key foreign market for crispbread exports from Sri Lanka, comprising 86% of total exports. The second position in the ranking was occupied by Japan $611), with a 7.9% share of total exports.

What is the average export price for crispbread in Sri Lanka?

The average crispbread export price stood at $1,313 per ton in 2020, waning by -53.3% against the previous year.

What is the average import price for crispbread in Sri Lanka?

In 2020, the average crispbread import price amounted to $5,371 per ton, with an increase of 17% against the previous year.

This report provides an in-depth analysis of the crispbread 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 10721130 - Crispbread

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023