What is the price of cocoa powder (solids) per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka cocoa powder (solids) is between US$ 6.27 and US$ 8.86 per kilogram or between US$ 2.85 and US$ 4.02 per pound(lb). Click here to see today's exact prices of cocoa powder (solids) in Sri Lanka
The retail price range in Sri Lanka Rupee for cocoa powder (solids) is between LKR 1,930.34 and LKR 2,726.05 per kilogram or between LKR 875.44 and LKR 1,236.30 per pound(lb) in Colombo and Jaffna.
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In 2024, the approximate wholesale price range for Sri Lanka cocoa powder (solids) is between US$ 4.39 and US$ 6.20 per kilogram or between US$ 1.99 and US$ 2.81 per pound(lb).
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Sri Lanka Cocoa Powder (solids) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Powder (Solids) from Sri Lanka has seen a steady decline over the last five years. In 2012, the price was 3.50 US dollars per kg, but by 2021, it had dropped to 2.43 US dollars per kg. The lowest price was recorded in 2019, when it was 1.68 US dollars per kg. The price has since increased slightly to 1.80 US dollars per kg in 2020. Based on this trend, it is predicted that the export price per kilogram of Cocoa Powder (Solids) from Sri Lanka will be 2.25 US dollars per kg in 2023 and 2.08 US dollars per kg in 2024.The Sri Lanka cocoa powder (solids) exports are categorised as:
- Cocoa powder, sweetened (HS code 180610)
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
Sri Lanka Cocoa Powder (solids) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Powder (Solids) into Sri Lanka has seen a steady decline over the last five years. In 2012, the price was 3.50 US dollars per kg, but by 2021, it had dropped to 2.43 US dollars per kg. This represents a decrease of 31.14%. The lowest price was recorded in 2019, when the import price was 1.68 US dollars per kg. This was followed by a slight increase in 2020, when the price rose to 1.80 US dollars per kg. However, the price has since returned to its previous level of 2.43 US dollars per kg in 2021. Based on this trend, it is likely that the import price of Cocoa Powder (Solids) into Sri Lanka will remain around 2.43 US dollars per kg in 2023 and 2024.Export values for Sri Lanka cocoa powder (solids)
The total values in export for cocoa powder (solids) in Sri Lanka were US$ 2,133, US$ 2,786, US$ 2,976 and US$ 3,269 in US dollar thousand for the years 2016, 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 powder (solids) in other countries across Asia: Kazakhstan cocoa powder (solids), Kyrgyzstan cocoa powder (solids), Tajikistan cocoa powder (solids), Turkmenistan cocoa powder (solids), Uzbekistan cocoa powder (solids), China cocoa powder (solids), Hong Kong cocoa powder (solids), Macao cocoa powder (solids), North Korea cocoa powder (solids) & Mongolia cocoa powder (solids).
Sri Lanka cocoa powder (solids) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka sold 1,889 tonnes of cocoa powder (solids). Across 2019 alone, the demand for Sri Lanka cocoa powder (solids) (processed category) has climbed, flactuating by 18.581 % compared to the year 2018. Between 2017 and 2019, cocoa powder (solids)'s exports went up by 42.57 percent netting Sri Lanka US$3.27m for the year 2019. Sri Lanka's cocoa powder (solids) exports are categorised as:
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
- Cocoa powder, sweetened (HS code 180610)
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Sri Lanka cocoa powder (solids) export values
In 2019, Sri Lanka supplied cocoa powder (solids) with a value of 3.27m USD, an increase of 9.88% from 2018's total cocoa powder (solids) export of 2.976m USD. The yearly increase in value of Sri Lanka cocoa powder (solids) between 2017 to 2018 was 6.82 per cent.
The annual change in the volume of Sri Lanka's cocoa powder (solids) exports between 2017 and 2019 was 42.57 percent compared to a variation of 18.581% in the period between 2018 and 2019.
Export markets for Sri Lanka cocoa powder (solids) ( in '000$ )
Sri Lanka's top export markets for cocoa powder (solids) are India, Egypt, New Zealand, Australia and US.
Sri Lanka procured 2,981 tonnes of cocoa powder (solids) in 2019.