What is the price of cocoa butter per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka cocoa butter is between US$ 7.32 and US$ 15.13 per kilogram or between US$ 3.32 and US$ 6.86 per pound(lb). Click here to see today's exact prices of cocoa butter in Sri Lanka
The retail price range in Sri Lanka Rupee for cocoa butter is between LKR 2,252.08 and LKR 4,654.29 per kilogram or between LKR 1,021.35 and LKR 2,110.79 per pound(lb) in Colombo and Jaffna.
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In 2024, the approximate wholesale price range for Sri Lanka cocoa butter is between US$ 5.12 and US$ 10.59 per kilogram or between US$ 2.32 and US$ 4.80 per pound(lb).
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Sri Lanka Cocoa Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Butter from Sri Lanka has seen a steady decline over the last five years. In 2013, the price was 3.26 US dollars per kg, which rose to 5.8 US dollars per kg in 2014. However, the price dropped to 3.68 US dollars per kg in 2015 and further decreased to 2.5 US dollars per kg in 2017. The most recent data from 2019 shows that the price has slightly increased to 2.77 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Cocoa Butter from Sri Lanka will be 2.45 US dollars per kg in 2023 and 2.22 US dollars per kg in 2024.The exports of cocoa butter from Sri Lanka are classified as:
- Cocoa butter, fat and oil (HS code 180400)
Sri Lanka Cocoa Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Butter into Sri Lanka over the last five years has been quite volatile. In 2013, the price was 3.26 US dollars per kg, which increased to 5.8 US dollars per kg in 2014. However, the price dropped to 3.68 US dollars per kg in 2015. In 2017, the price further decreased to 2.5 US dollars per kg and in 2019, the price was 2.77 US dollars per kg. Based on this data, it is predicted that the import price per kilogram of Cocoa Butter into Sri Lanka in 2023 will be around 2.50 US dollars per kg and in 2024 will be around 2.75 US dollars per kg.Export values for Sri Lanka cocoa butter
The total values in export for cocoa butter in Sri Lanka were US$ 81, US$ 50, US$ 556 and US$ 56 in US dollar thousand for the years 2015, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Sri Lanka: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cocoa butter in other countries across Asia: Kazakhstan cocoa butter, Kyrgyzstan cocoa butter, Tajikistan cocoa butter, Turkmenistan cocoa butter, Uzbekistan cocoa butter, China cocoa butter, Hong Kong cocoa butter, Macao cocoa butter, North Korea cocoa butter & Mongolia cocoa butter.
Sri Lanka cocoa butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka sold 12 tonnes of cocoa butter. Through 2019 alone, the interest in Sri Lanka cocoa butter (processed category) has reduced, flactuating by -95.181 pc compared to the year 2018. Between 2017 and 2019, cocoa butter's exports decreased by -40% bringing the exporter US$0.06m for the year 2019. Sri Lanka's cocoa butter exports are categorised as:
- Cocoa butter, fat and oil (HS code 180400)
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Sri Lanka cocoa butter export values
In 2019, Sri Lanka shipped cocoa butter worth 0.06m USD, a contraction of -89.21% from 2018's total cocoa butter export of 0.556m USD. The annual reduction in value of Sri Lanka cocoa butter between 2017 to 2018 was 1012 percent.
The yearly change in the volume of Sri Lanka's cocoa butter exports between 2017 and 2019 was -40 percent in comparison to a variation of -95.181% in the period between 2018 and 2019.
Export markets for Sri Lanka cocoa butter ( in '000$ )
Sri Lanka's best performing destinations for cocoa butter are Canada, South Africa, United Kingdom (UK), the Netherlands and Australia.
Sri Lanka ordered 51 tonnes of cocoa butter in 2019.