What is the price of malt per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka malt is between US$ 2.06 and US$ 3.47 per kilogram or between US$ 0.94 and US$ 1.57 per pound(lb). Click here to see today's exact prices of malt in Sri Lanka
The retail price range in Sri Lanka Rupee for malt is between LKR 634.49 and LKR 1,067.37 per kilogram or between LKR 287.75 and LKR 484.07 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka malt is between US$ 1.44 and US$ 2.43 per kilogram or between US$ 0.65 and US$ 1.10 per pound(lb).
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Sri Lanka Malt Export Prices - Historical, Trends and Prediction
The export price per kilogram of Malt from Sri Lanka over the last five years has been quite varied. In 2017, the price was 5.41 US $ per kg, followed by 5.8 US $ per kg in 2019. In 2020, the price dropped to 5.1 US $ per kg, and then further decreased to 3.0 US $ per kg in 2021. Based on this data, it is predicted that the export price per kilogram of Malt from Sri Lanka in 2023 will be around 3.50 US $ per kg, and in 2024 it will be around 3.75 US $ per kg.The malt exports from Sri Lanka are categorised as:
- Malt (excluding roasted) (HS code 110710)
- Roasted malt (HS code 110720)
Sri Lanka Malt Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt into Sri Lanka over the last five years has been relatively stable. In 2017, the price was 5.41 US dollars per kilogram, followed by 5.8 US dollars per kilogram in 2019. In 2020, the price dropped to 5.1 US dollars per kilogram, before increasing to 6.14 US dollars per kilogram in 2016. The most recent data shows that the price has decreased to 3.0 US dollars per kilogram in 2021. Based on this trend, it is predicted that the import price per kilogram of Malt into Sri Lanka will remain relatively stable in the next two years, with an estimated price of 3.2 US dollars per kilogram in 2023 and 3.4 US dollars per kilogram in 2024.Export values for Sri Lanka malt
The total values in export for malt in Sri Lanka were US$ 356, US$ 314, US$ 12 and US$ 83 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Sri Lanka: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet & Canary seed.
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Sri Lanka malt - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka exported 18 tonnes of malt. For 2019 alone, the interest in Sri Lanka malt (cereals/grains category) has increased, recording a change of 800 pc compared to the year 2018. Between 2017 and 2019, malt's exports decreased by -68.97 percent netting the country US$0.08m for the year 2019. Sri Lanka's malt exports are categorised as:
- Roasted malt (HS code 110720)
- Malt (excluding roasted) (HS code 110710)
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Sri Lanka malt export values
In 2019, Sri Lanka supplied malt valued at 0.08m USD, an improvement of 566.67% from 2018's total malt export of 0.012m USD. The annual change in value of Sri Lanka malt between 2017 to 2018 was -96.178 pc.
The annual variation in the amount of Sri Lanka's malt exports between 2017 and 2019 was -68.97 percent compared to a variation of 800% in the period between 2018 and 2019.
Export markets for Sri Lanka malt ( in '000$ )
Sri Lanka's leading destinations for malt are Qatar, Italy, South Korea, United Kingdom (UK) and Switzerland.
Sri Lanka procured 19,279 tonnes of malt in 2019.