What is the price of natural honey per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka natural honey is between US$ 4.07 and US$ 7.95 per kilogram or between US$ 1.85 and US$ 3.60 per pound(lb). Click here to see today's exact prices of natural honey in Sri Lanka
The retail price range in Sri Lanka Rupee for natural honey is between LKR 1,252.25 and LKR 2,444.86 per kilogram or between LKR 567.91 and LKR 1,108.78 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka natural honey is between US$ 2.85 and US$ 5.56 per kilogram or between US$ 1.29 and US$ 2.52 per pound(lb).
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Sri Lanka Natural Honey Export Prices - Historical, Trends and Prediction
The export price of Natural Honey from Sri Lanka over the last five years has been quite varied. In 2012, the price was 4.50 US$ per kg, which dropped to 3.00 US$ per kg in 2013. This was followed by a significant increase to 5.67 US$ per kg in 2014. The price then dropped to 4.50 US$ per kg in both 2015 and 2016. In 2017, the price rose to 8.00 US$ per kg, and then further increased to 9.89 US$ per kg in 2019. The highest price was recorded in 2020, at 11.20 US$ per kg, before dropping to 9.79 US$ per kg in 2021. Based on this data, it is likely that the export price of Natural Honey from Sri Lanka will remain around the 9.00 US$ per kg mark in 2023 and 2024.The exports of natural honey from Sri Lanka are classified as:
- Natural honey (HS code 040900)
Sri Lanka Natural Honey Import Prices - Historical, Trends and Prediction
The import price of Natural Honey into Sri Lanka over the last five years has been quite varied. In 2017, the price was 8.00 US$ per kg, which was a significant increase from the previous year. This was followed by a further increase in 2019, when the price rose to 9.89 US$ per kg. The highest price was recorded in 2020, when the import price was 11.20 US$ per kg. However, the price dropped slightly in 2021 to 9.79 US$ per kg. Looking ahead, it is likely that the import price of Natural Honey into Sri Lanka will remain relatively stable in the next few years. We predict that the price in 2023 will be around 10.00 US$ per kg, and in 2024 it will be around 10.50 US$ per kg.Export values for Sri Lanka natural honey
The total values in export for natural honey in Sri Lanka were US$ 9, US$ 8, US$ 26 and US$ 19 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, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of natural honey in other countries across Asia: Kazakhstan natural honey, Kyrgyzstan natural honey, Tajikistan natural honey, Turkmenistan natural honey, Uzbekistan natural honey, China natural honey, Hong Kong natural honey, Macao natural honey, North Korea natural honey & Mongolia natural honey.
Sri Lanka natural honey - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka shipped 2 tonnes of natural honey. For the year 2019 alone, the market for Sri Lanka natural honey (processed category) has decreased, flactuating by -71.429 per cent compared to the year 2018. Between 2017 and 2019, natural honey's exports went up by 100% earning the exporter US$0.02m for the year 2019. Sri Lanka's natural honey exports are classified as:
- Natural honey (HS code 040900)
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Sri Lanka natural honey export values
In 2019, Sri Lanka supplied natural honey valued at 0.02m USD, a contraction of -23.08% from 2018's total natural honey export of 0.026m USD. The yearly change in value of Sri Lanka natural honey between 2017 to 2018 was 225 percent.
The yearly change in the quantity of Sri Lanka's natural honey exports between 2017 and 2019 was 100 per cent in comparison to a variation of -71.429% in the period between 2018 and 2019.
Sri Lanka's portion of the world's total natural honey's exports in 2019 was 5%. Sri Lanka holds number 8 in world exports of natural honey.
Export markets for Sri Lanka natural honey ( in '000$ )
Sri Lanka's top export markets for natural honey are Malaysia, United Kingdom (UK), France, Australia and US.
Import/Export Trends
Sri Lanka is a net exporter of natural honey. The annual growth of Sri Lanka natural honey in value between 2015 to 2019 was -20%, per annum, while annual growth in quantity for the same period was -24%, per annum.
Sri Lanka procured 167 tonnes of natural honey in 2019.