What is the price of groat per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka groat is between US$ 2.68 and US$ 3.08 per kilogram or between US$ 1.22 and US$ 1.40 per pound(lb). Click here to see today's exact prices of groat in Sri Lanka
The retail price range in Sri Lanka Rupee for groat is between LKR 825.11 and LKR 947.68 per kilogram or between LKR 374.20 and LKR 429.79 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka groat is between US$ 1.88 and US$ 2.16 per kilogram or between US$ 0.85 and US$ 0.98 per pound(lb).
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Sri Lanka Groat Export Prices - Historical, Trends and Prediction
The export price of Groat from Sri Lanka has seen a significant increase over the last five years. In 2012, the price per kilogram was 0.23 US dollars, which rose to 0.57 US dollars in 2013. This was followed by a sharp increase to 2.50 US dollars in 2014 and 3.00 US dollars in 2015. The price then remained steady at 4.00 US dollars in 2017 before dropping to 3.00 US dollars in 2020. The most recent data shows that the price per kilogram is 1.00 US dollars in 2021. Based on this trend, it is predicted that the export price of Groat from Sri Lanka will remain at 1.00 US dollars in 2023 and 2024.Sri Lanka Groat Import Prices - Historical, Trends and Prediction
The import price of Groat into Sri Lanka has seen a significant increase over the past five years. In 2017, the price per kilogram was $4.00, which is the highest price recorded in the past five years. This was followed by a decrease in 2020, when the price per kilogram was $3.00. The most recent data shows that the price per kilogram has dropped to $1.00 in 2021. Looking ahead, it is likely that the import price of Groat into Sri Lanka will remain relatively stable in the next two years. We predict that the price per kilogram in 2023 will be $1.00, and the price per kilogram in 2024 will be $1.20.Export values for Sri Lanka groat
The total values in export for groat in Sri Lanka were US$ 4, US$ 46 and US$ 25 in US dollar thousand for the years 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 groat in other countries across Asia: Kazakhstan groat, Kyrgyzstan groat, Tajikistan groat, Turkmenistan groat, Uzbekistan groat, China groat, Hong Kong groat, Macao groat, North Korea groat & Mongolia groat.
Sri Lanka groat - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka shipped 24 tonnes of groat. Through 2019 alone, the interest in Sri Lanka groat (processed category) has decreased, recording a change of -29.412 % compared to the year 2018. Between 2017 and 2019, groat's exports went up by 2300% earning the nation US$0.02m for the year 2019. Sri Lanka's groat exports are classified as:
- Groats and meal of wheat (HS code 110311)
- Rice groats and meal (HS code 110314)
- Groats and meal of cereals (excluding wheat and maize) (HS code 110319)
- Groats and meal of maize "corn" (HS code 110313)
- Groats and meal of oats (HS code 110312)
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Sri Lanka groat export values
In 2019, Sri Lanka sold groat worth 0.02m USD, a drop of -56.52% from 2018's total groat export of 0.046m USD. The yearly reduction in value of Sri Lanka groat between 2017 to 2018 was 1050 pc.
The annual/yearly change in the quantity of Sri Lanka's groat exports between 2017 and 2019 was 2300 per cent in comparison to a variation of -29.412% in the period between 2018 and 2019.
Sri Lanka's portion of the world's total groat's exports in 2019 was less than 1%. The country is ranked number 55 in world exports of groat.
Export markets for Sri Lanka groat ( in '000$ )
Import/Export Trends
Sri Lanka is a net exporter of groat. The annual growth of Sri Lanka groat in value between 2015 to 2019 was 95%, per year, while annual growth in quantity through the same period was %, per annum.
Sri Lanka bought 1,028 tonnes of groat in 2019.