Report Update Nov 1, 2024

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

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Sri Lanka: Pesticide Market 2024

Pesticide Market Size in Sri Lanka

The Sri Lankan pesticide market dropped remarkably to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a pronounced shrinkage. Pesticide consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Pesticide Exports

Exports from Sri Lanka

In 2022, shipments abroad of pesticides increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports showed a resilient increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, pesticide exports surged to $X in 2022. Overall, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for pesticide exports from Sri Lanka, with a X% share of total exports. Moreover, pesticide exports to China exceeded the volume sent to the second major destination, France (X tons), fivefold. Maldives (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Maldives (X% per year).

In value terms, France ($X) emerged as the key foreign market for pesticides exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was taken by China ($X), with an X% share of total exports. It was followed by Maldives, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Maldives (X% per year).

Export Prices by Country

The average pesticide export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price posted notable growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Czech Republic ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pesticide Imports

Imports into Sri Lanka

In 2022, the amount of pesticides imported into Sri Lanka declined remarkably to X tons, waning by X% against 2021 figures. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, pesticide imports contracted to $X in 2022. In general, imports showed a noticeable reduction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), Malaysia (X tons) and Singapore (X tons) were the main suppliers of pesticide imports to Sri Lanka, with a combined X% share of total imports. China, Germany, Indonesia, Thailand, Japan and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, India ($X), China ($X) and Singapore ($X) appeared to be the largest pesticide suppliers to Sri Lanka, with a combined X% share of total imports.

China, with a CAGR of X%, 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 more modest paces of growth.

Import Prices by Country

The average pesticide import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pesticides in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 36% share of global consumption. France, Japan, Brazil, Indonesia, Nigeria, Russia, Germany, Canada, Australia and Mexico lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of pesticides in the world?

China remains the largest pesticide producing country worldwide, comprising approx. 33% of total volume. Moreover, pesticide production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 9.3% share.

What are the leading suppliers of pesticides to Sri Lanka?

In value terms, China, Indonesia and Singapore constituted the largest pesticide suppliers to Sri Lanka, with a combined 47% share of total imports.

What are the leading importers of pesticides from Sri Lanka?

In value terms, Germany, Maldives and Singapore appeared to be the largest markets for pesticide exported from Sri Lanka worldwide, together accounting for 93% of total exports.

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

In 2021, the average pesticide export price amounted to $2,645 per ton, shrinking by -21.5% against the previous year.

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

The average pesticide import price stood at $5,370 per ton in 2021, falling by -3.5% against the previous year.

This report provides an in-depth analysis of the pesticide 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 20201930 - Goods of HS
Prodcom 20201980 - Rodenticides and other plant protection products put up for retail sale or as preparations or articles (excluding insecticides, fungicides, herbicides and disinfectants)
Prodcom 20201600 -
Prodcom 20201130 - Insecticides based on chlorinated hydrocarbons, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201140 - Insecticides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201150 - Insecticides based on organophosphorus products, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201160 - Insecticides based on pyrethroids, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201190 - Other insecticides
Prodcom 20201515 - Inorganic fungicides, bactericides and seed treatments, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201530 - Fungicides, bactericides and seed treatments based on dithiocarbamates, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201545 - Fungicides, bactericides and seed treatments based on benzimidazoles, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201560 - Fungicides, bactericides and seed treatment based on triazoles or diazoles, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201575 - Fungicides, bactericides and seed treatments based on diazines or morpholines, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201590 - Other fungicides, bactericides and seeds treatments (ex: Captan,...)
Prodcom 20201220 - Herbicides based on phenoxy-phytohormone products, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201230 - Herbicides based on triazines, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201240 - Herbicides based on amides, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201250 - Herbicides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201260 - Herbicides based on dinitroanilines derivatives, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201270 - Herbicides based on urea, uracil and sulphonylurea, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201290 - Herbicides p.r.s. or as preparations/articles excluding based on phenoxy-phytohormones, triazines, amides, carbamates, d initroanaline derivatives, urea, uracil, sulphonylurea
Prodcom 20201350 - Anti-sprouting products put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201370 - Plant-growth regulators put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201430 - Disinfectants based on quaternary ammonium salts put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201450 - Disinfectants based on halogenated compounds put up in forms or packings for retail sale or as preparations
Prodcom 20201490 - Disinfectants put up in forms or packings for retail sale or as preparations or articles (excluding those based on quaternary ammonium salts, those based on halogenated compounds)

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