What is the price of olives per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka olives is between US$ 5.18 and US$ 8.14 per kilogram or between US$ 2.35 and US$ 3.69 per pound(lb). Click here to see today's exact prices of olives in Sri Lanka
The retail price range in Sri Lanka Rupee for olives is between LKR 1,593.25 and LKR 2,503.68 per kilogram or between LKR 722.56 and LKR 1,135.46 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka olives is between US$ 3.62 and US$ 5.70 per kilogram or between US$ 1.64 and US$ 2.58 per pound(lb).
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Sri Lanka Olives Export Prices - Historical, Trends and Prediction
The export price of Olives from Sri Lanka over the last five years has been quite stable. In 2016, the price per kilogram was 2.00 US dollars, which increased slightly to 2.29 US dollars in 2017. The price remained steady at 2.28 US dollars in 2019, before increasing to 2.87 US dollars in 2020 and 3.75 US dollars in 2021. Based on this data, it is likely that the export price of Olives from Sri Lanka will continue to increase in the coming years. We can predict that the price per kilogram in 2023 will be around 4.50 US dollars and in 2024 it will be around 5.25 US dollars.The exports of olives from Sri Lanka are classified as:
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
- Fresh or chilled olives (HS code 070992)
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
Sri Lanka Olives Import Prices - Historical, Trends and Prediction
The import price of olives into Sri Lanka over the past five years has been quite stable. In 2016, the price per kilogram was $2.00, and in 2017 it increased slightly to $2.29. In 2019, the price dropped back to $2.28, and then in 2020 it rose to $2.87. This year, 2021, the price has increased again to $3.75. Based on this data, it is likely that the price of olives imported into Sri Lanka will continue to increase in the coming years. We can predict that in 2023 the price will be around $4.00, and in 2024 it will be around $4.50.Export values for Sri Lanka olives
The total values in export for olives in Sri Lanka were US$ 2, US$ 16, US$ 67 and US$ 15 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in Sri Lanka: Pumpkins, squash and gourds, Sweetcorn, Bananas, Dates, Figs, Pineapples, Avocados, Mangoes, Oranges & Mandarin Oranges (tangerines and clementines.
See prices of olives in other countries across Asia: Kazakhstan olives, Kyrgyzstan olives, Tajikistan olives, Turkmenistan olives, Uzbekistan olives, China olives, Hong Kong olives, Macao olives, North Korea olives & Mongolia olives.
Sri Lanka olives - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka sold 6 tonnes of olives. Through 2019 alone, the interest in Sri Lanka olives (fruits category) has shrunk, recording a change of -90.164 percent compared to the year 2018. Between 2017 and 2019, olives' exports went down by -14.29 percent netting the exporter US$0.02m for the year 2019. Sri Lanka's olives exports are categorised as:
- Fresh or chilled olives (HS code 070992)
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
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Sri Lanka olives export values
In 2019, Sri Lanka shipped olives costing 0.02m USD, a decrease of -70.15% from 2018's total olives export of 0.067m USD. The annual reduction in value of Sri Lanka olives between 2017 to 2018 was 318.75%.
The annual change in the volume of Sri Lanka's olives exports between 2017 and 2019 was -14.29% when compared to a variation of -90.164% in the growth rate between 2018 and 2019.
Export markets for Sri Lanka olives ( in '000$ )
Sri Lanka's leading export markets for olives are Malaysia, United Kingdom (UK), Norway, Australia and Canada.
Sri Lanka imported 53 tonnes of olives in 2019.