Sri Lanka: Market for Rape Or Colza Seed 2025

Market Size for Rape Or Colza Seed in Sri Lanka

The Sri Lankan rape and colza seed market totaled $X in 2022, approximately mirroring the previous year. In general, consumption saw significant growth. The most prominent rate of growth was recorded in 2013 with a decrease of -10% against the previous year. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in the near future.

Production of Rape Or Colza Seed in Sri Lanka

In value terms, rape and colza seed production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. Over the period under review, production attained the maximum level in 2022 and is likely to continue growth in the immediate term.

In 2022, the average rape and colza seed yield in Sri Lanka stood at less than X kg per ha, leveling off at the year before. Overall, the yield showed 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.

The rape and colza seed harvested area in Sri Lanka stood at less than X ha in 2022, therefore, remained relatively stable against 2021 figures. In general, the harvested area recorded a relatively flat trend pattern.

Exports of Rape Or Colza Seed

Exports from Sri Lanka

In 2022, approx. X kg of rape or colza seed were exported from Sri Lanka; stabilizing at the previous year. Overall, exports showed a tangible increase. The most prominent rate of growth was recorded in 2013 when exports increased by 213%. As a result, the exports attained the peak of X kg. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, rape and colza seed exports totaled $X in 2022. In general, exports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2013 when exports increased by 89% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Maldives (X kg) was the main destination for rape and colza seed exports from Sri Lanka, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Maldives totaled +4.0%.

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives totaled +13.4%.

Export Prices by Country

The average rape and colza seed export price stood at $X per ton in 2022, approximately equating the previous year. Over the period under review, the export price showed a strong increase. The most prominent rate of growth was recorded in 2013 a decrease of -39.6% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 +9.0% per year.

Imports of Rape Or Colza Seed

Imports into Sri Lanka

In 2017, imports of rape or colza seed into Sri Lanka soared to X tons, increasing by 20% against the previous year's figure. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2016 with an increase of 119% against the previous year. Over the period under review, imports hit record highs in 2017 and are expected to retain growth in the near future.

In value terms, rape and colza seed imports surged to $X in 2017. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 306% against the previous year. Imports peaked in 2017 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2017, Germany (X tons) was the main rape and colza seed supplier to Sri Lanka, with a approx. 100% share of total imports.

From 2012 to 2017, the average annual growth rate of volume from Germany totaled +1,432.9%.

In value terms, Germany ($X) constituted the largest supplier of rape or colza seed to Sri Lanka.

From 2012 to 2017, the average annual rate of growth in terms of value from Germany stood at +1,548.1%.

Import Prices by Country

In 2017, the average rape and colza seed import price amounted to $X per ton, flattening at the previous year. Over the period under review, the import price enjoyed mild growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 86%. The import price peaked in 2017 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2017, the rate of growth in terms of prices for Germany amounted to +7.5% per year.

Source: IndexBox Platform

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