What is the price of coconuts per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka coconuts is between US$ 0.72 and US$ 1.20 per kilogram or between US$ 0.33 and US$ 0.54 per pound(lb). Click here to see today's exact prices of coconuts in Sri Lanka
The retail price range in Sri Lanka Rupee for coconuts is between LKR 220.87 and LKR 368.12 per kilogram or between LKR 100.17 and LKR 166.95 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka coconuts is between US$ 0.50 and US$ 0.84 per kilogram or between US$ 0.23 and US$ 0.38 per pound(lb).
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Sri Lanka Coconuts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coconuts from Sri Lanka over the last five years has seen a steady increase. In 2017, the price was 2.22 US $ per kg, followed by 1.67 US $ per kg in 2020. The highest price was recorded in 2021, at 2.03 US $ per kg. The lowest price was in 2019, at 1.28 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Coconuts from Sri Lanka in 2023 will be 2.17 US $ per kg and in 2024 will be 2.32 US $ per kg.The Sri Lanka coconuts exports are classified as:
- Fresh coconuts in the inner shell "endocarp" (HS code 080112)
- Fresh coconuts, whether or not shelled or peeled (excluding in the inner shell "endocarp") (HS code 080119)
- Desiccated coconuts (HS code 080111)
Sri Lanka Coconuts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coconuts into Sri Lanka over the last five years has been quite varied. In 2017, the price was $2.22, followed by a decrease to $1.60 in 2016. In 2015, the price was $2.04, and in 2014, it was $1.90. The price then increased to $2.04 in 2013, and in 2012, it was $1.37. The most recent data shows that the price of Coconuts in 2021 was $2.03, in 2020 it was $1.67, and in 2019 it was $1.28. Based on this data, it is likely that the price of Coconuts in Sri Lanka will remain relatively stable in the next few years. We can predict that the price of Coconuts in 2023 will be around $2.03, and in 2024 it will be around $1.67.Export values for Sri Lanka coconuts
The total values in export for coconuts in Sri Lanka were US$ 123,461, US$ 97,276, US$ 78,628 and US$ 95,658 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Sri Lanka: Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
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Sri Lanka coconuts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka sold 61,674 tonnes of coconuts. For the year 2019 alone, the market for Sri Lanka coconuts (nuts category) has gone up, with a change of 145.273 per cent compared to the year 2018. Between 2017 and 2019, coconuts' exports grew by 40.77 percent bringing Sri Lanka US$95.66m for the year 2019. Sri Lanka's coconuts exports are classified as:
- Fresh coconuts, whether or not shelled or peeled (excluding in the inner shell "endocarp") (HS code 080119)
- Desiccated coconuts (HS code 080111)
- Fresh coconuts in the inner shell "endocarp" (HS code 080112)
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Sri Lanka coconuts export values
In 2019, Sri Lanka supplied coconuts costing 95.66m USD, an improvement of 21.66% from 2018's total coconuts export of 78.628m USD. The annual increase in value of Sri Lanka coconuts between 2017 to 2018 was -19.17%.
The annual variation in the volume of Sri Lanka's coconuts exports between 2017 and 2019 was 40.77% compared to a variation of 145.273% in the period between 2018 and 2019.
Export markets for Sri Lanka coconuts ( in '000$ )
Sri Lanka's best performing export markets for coconuts are Pakistan, United Kingdom (UK), Canada, the Netherlands and United Arab Emirates (UAE).
Sri Lanka brought in 85 tonnes of coconuts in 2019.
Production
The production of coconuts in Sri Lanka was 7,406,400 tonnes in 2019 and is estimated to change by an average of 17.65%. The country had an estimated 1,510,356.00 hectares under coconuts cultivation.