What is the price of pepper per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka pepper is between US$ 3.38 and US$ 5.31 per kilogram or between US$ 1.53 and US$ 2.41 per pound(lb). Click here to see today's exact prices of pepper in Sri Lanka
The retail price range in Sri Lanka Rupee for pepper is between LKR 1,039.88 and LKR 1,634.09 per kilogram or between LKR 471.60 and LKR 741.08 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka pepper is between US$ 2.37 and US$ 3.72 per kilogram or between US$ 1.07 and US$ 1.69 per pound(lb).
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Sri Lanka Pepper Export Prices - Historical, Trends and Prediction
The export price per kilogram of Pepper from Sri Lanka over the last five years has been relatively stable. In 2017, the price was 6.29 US dollars per kg, followed by 5.92 US dollars per kg in 2019. In 2020, the price dropped to 5.42 US dollars per kg, before increasing to 6.81 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Pepper from Sri Lanka in 2023 will be around 6.50 US dollars per kg, and in 2024 will be around 7.00 US dollars per kg.The pepper exports from Sri Lanka are classified as:
- Pepper of the genus Piper, crushed or ground (HS code 090412)
- Pepper of the genus Piper, neither crushed nor ground (HS code 090411)
- Pepper (Capsicum or Pimenta), dried, crushed or ground (HS code 0904XX)
Sri Lanka Pepper Import Prices - Historical, Trends and Prediction
The import price per kilogram of Pepper into Sri Lanka over the last five years has been quite varied. In 2017, the price was 6.29 US dollars per kg, followed by a decrease to 5.92 US dollars per kg in 2019. The price then dropped further to 5.42 US dollars per kg in 2020, before increasing to 6.81 US dollars per kg in 2021. Looking ahead, it is likely that the price of Pepper will remain relatively stable in the next two years. We predict that the price of Pepper in 2023 will be around 6.50 US dollars per kg, and in 2024 it will be around 6.75 US dollars per kg.Export values for Sri Lanka pepper
The total values in export for pepper in Sri Lanka were US$ 1,156,688, US$ 1,340,128, US$ 1,456,288 and US$ 814,992 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Sri Lanka: Garlic, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of pepper in other countries across Asia: Kazakhstan pepper, Kyrgyzstan pepper, Tajikistan pepper, Turkmenistan pepper, Uzbekistan pepper, China pepper, Hong Kong pepper, Macao pepper, North Korea pepper & Mongolia pepper.
Sri Lanka pepper - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka sold 129,744 tonnes of pepper. For the year 2019 alone, the interest in Sri Lanka pepper (herbs and spices category) has reduced, changing by -36.51 percent compared to the year 2018. Between 2017 and 2019, pepper's exports decreased by -39.09 pc netting Sri Lanka US$814.99m for the year 2019. Sri Lanka's pepper exports are categorised as:
- Pepper of the genus Piper, neither crushed nor ground (HS code 090411)
- Pepper of the genus Piper, crushed or ground (HS code 090412)
- Pepper (Capsicum or Pimenta), dried, crushed or ground (HS code 0904XX)
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Sri Lanka pepper export values
In 2019, Sri Lanka supplied pepper with a value of 814.99m USD, a contraction of -44.04% from 2018's total pepper export of 1456.288m USD. The annual change in value of Sri Lanka pepper between 2017 to 2018 was 8.668%.
The yearly variation in the amount of Sri Lanka's pepper exports between 2017 and 2019 was -39.09 per cent when compared to a variation of -36.51% in the growth rate between 2018 and 2019.
Export markets for Sri Lanka pepper ( in '000$ )
Sri Lanka's best performing destinations for pepper are Russia, United Arab Emirates (UAE), Canada, Guatemala and United Kingdom (UK).
Sri Lanka purchased 3,968 tonnes of pepper in 2019.
Production
The production of pepper in Sri Lanka was 2,412,576 tonnes in 2019 and is predicted to change by an average of -21.01%. The country had approximately 1,338,504.00 hectares under pepper cultivation.