What is the price of mustard seeds per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka mustard seeds is between US$ 0.47 and US$ 1.16 per kilogram or between US$ 0.21 and US$ 0.53 per pound(lb). Click here to see today's exact prices of mustard seeds in Sri Lanka
The retail price range in Sri Lanka Rupee for mustard seeds is between LKR 143.93 and LKR 356.82 per kilogram or between LKR 65.27 and LKR 161.82 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka mustard seeds is between US$ 0.33 and US$ 0.81 per kilogram or between US$ 0.15 and US$ 0.37 per pound(lb).
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Sri Lanka Mustard Seeds Export Prices - Historical, Trends and Prediction
The export price per kilogram of Mustard Seeds from Sri Lanka over the last five years has been quite varied. In 2017, the price was at its highest at $3.93, before dropping to $2.89 in 2020. This year, 2021, the price has increased slightly to $3.17. Looking ahead, it is likely that the price of Mustard Seeds will remain relatively stable, with an estimated price of $3.17 for 2023 and $3.20 for 2024.The Sri Lanka mustard seeds exports are categorised as:
- Mustard seeds, whether or not broken (HS code 120750)
Sri Lanka Mustard Seeds Import Prices - Historical, Trends and Prediction
The import price of Mustard Seeds into Sri Lanka over the last five years has been quite varied. In 2017, the price was $3.93 per kg, followed by a slight decrease to $3.50 per kg in 2019. In 2020, the price dropped further to $2.89 per kg, before increasing to $3.17 per kg in 2021. This indicates that the price of Mustard Seeds has been fluctuating over the last five years. Looking ahead, it is likely that the price of Mustard Seeds will remain relatively stable in the next two years. We predict that the price in 2023 will be around $3.17 per kg, and in 2024 it will be around $3.20 per kg.Export values for Sri Lanka mustard seeds
The total values in export for mustard seeds in Sri Lanka were US$ 30, US$ 59, US$ 15 and US$ 38 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Oil Seeds category in Sri Lanka: Linseed (Flax), Rapeseeds (Canola), Sunflower Seeds, Cotton Seeds, Castor (Ricinus) Seeds, Sesame Seeds, Safflower, Melon Seeds, Poppy Seeds & Shea Nuts.
See prices of mustard seeds in other countries across Asia: Kazakhstan mustard seeds, Kyrgyzstan mustard seeds, Tajikistan mustard seeds, Turkmenistan mustard seeds, Uzbekistan mustard seeds, China mustard seeds, Hong Kong mustard seeds, Macao mustard seeds, North Korea mustard seeds & Mongolia mustard seeds.
Sri Lanka mustard seeds - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka sold 15 tonnes of mustard seeds. For the year 2019 alone, the interest in Sri Lanka mustard seeds (oil seeds category) has climbed, flactuating by 114.286 percent compared to the year 2018. Between 2017 and 2019, mustard seeds' exports recorded no change remaining at 0 percent netting the nation US$0.04m for the year 2019. Sri Lanka's mustard seeds exports are classified as:
- Mustard seeds, whether or not broken (HS code 120750)
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Sri Lanka mustard seeds export values
In 2019, Sri Lanka exported mustard seeds costing 0.04m USD, a growth of 166.67% from 2018's total mustard seeds export of 0.015m USD. The yearly increase in value of Sri Lanka mustard seeds between 2017 to 2018 was -74.576 per cent.
The annual/yearly change in the volume of Sri Lanka's mustard seeds exports between 2017 and 2019 was 0% in comparison to a variation of 114.286% in the period between 2018 and 2019.
Export markets for Sri Lanka mustard seeds ( in '000$ )
Sri Lanka's best performing export markets for mustard seeds are United Kingdom (UK), Australia, United Arab Emirates (UAE), South Korea and North Korea.
Sri Lanka procured 1,775 tonnes of mustard seeds in 2019.
Production
The production of mustard seeds in Sri Lanka was 151 tonnes in 2019 and is predicted to change by an average of -30.41%. The country had an estimated 82.00 hectares under mustard seeds cultivation.