What is the price of potatoes per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka potatoes is between US$ 0.54 and US$ 1.63 per kilogram or between US$ 0.24 and US$ 0.74 per pound(lb). Click here to see today's exact prices of potatoes in Sri Lanka
The retail price range in Sri Lanka Rupee for potatoes is between LKR 165.73 and LKR 500.14 per kilogram or between LKR 75.16 and LKR 226.82 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka potatoes is between US$ 0.38 and US$ 1.14 per kilogram or between US$ 0.17 and US$ 0.52 per pound(lb).
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Sri Lanka Potatoes Export Prices - Historical, Trends and Prediction
The export price per kilogram of Potatoes from Sri Lanka over the last five years has seen a steady decline. In 2017, the price was 2.15 US $ per kg, which dropped to 1.08 US $ per kg in 2019. The lowest price was recorded in 2020, at 0.5 US $ per kg. In 2021, the price increased slightly to 0.83 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Potatoes from Sri Lanka in 2023 will be around 0.65 US $ per kg, and in 2024 will be around 0.48 US $ per kg.The potatoes exports from Sri Lanka are classified as:
- Potatoes, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200520)
- Fresh or chilled potatoes (excluding seed) (HS code 070190)
- Potatoes, uncooked or cooked by steaming or by boiling in water, frozen (HS code 071010)
- Potatoes, prepared or preserved otherwise than by vinegar or acetic acid, frozen (HS code 200410)
Sri Lanka Potatoes Import Prices - Historical, Trends and Prediction
The import price per kilogram of Potatoes into Sri Lanka over the last five years has been quite volatile. In 2017, the price was at its highest at 2.15 US $ per kg, before dropping to 1.08 US $ per kg in 2019. The price then dropped further to 0.5 US $ per kg in 2020, before rising to 0.83 US $ per kg in 2021. Based on the data, it is predicted that the import price per kilogram of Potatoes into Sri Lanka in 2023 will be 0.75 US $ per kg and in 2024 will be 0.68 US $ per kg.Export values for Sri Lanka potatoes
The total values in export for potatoes in Sri Lanka were US$ 8, US$ 159, US$ 552 and US$ 437 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Tubers category in Sri Lanka: Seed Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Licorice roots, Ginseng roots, Chicory roots & Cocoyam.
See prices of potatoes in other countries across Asia: Kazakhstan potatoes, Kyrgyzstan potatoes, Tajikistan potatoes, Turkmenistan potatoes, Uzbekistan potatoes, China potatoes, Hong Kong potatoes, Macao potatoes, North Korea potatoes & Mongolia potatoes.
Sri Lanka potatoes - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka shipped 181 tonnes of potatoes. For the year 2019 alone, the demand for Sri Lanka potatoes (tubers category) has increased, changing by 16.774 percent compared to the year 2018. Between 2017 and 2019, potatoes' exports went up by 144.59 pc earning the exporter US$0.44m for the year 2019. Sri Lanka's potatoes exports are classified as:
- Potatoes, uncooked or cooked by steaming or by boiling in water, frozen (HS code 071010)
- Potatoes, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200520)
- Potatoes, prepared or preserved otherwise than by vinegar or acetic acid, frozen (HS code 200410)
- Fresh or chilled potatoes (excluding seed) (HS code 070190)
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Sri Lanka potatoes export values
In 2019, Sri Lanka supplied potatoes valued at 0.44m USD, a contraction of -20.29% from 2018's total potatoes export of 0.552m USD. The yearly reduction in value of Sri Lanka potatoes between 2017 to 2018 was 247.17%.
The per year variation in the amount of Sri Lanka's potatoes exports between 2017 and 2019 was 144.59 pc when compared to a variation of 16.774% in the growth rate between 2018 and 2019.
Sri Lanka's portion of the world's total potatoes' exports in 2019 was less than 1%. The country holds position 34 in world exports of potatoes.
Export markets for Sri Lanka potatoes ( in '000$ )
Sri Lanka's leading export markets for potatoes are Seychelles, United Kingdom (UK), Switzerland, Australia and Canada.
Import/Export Trends
Sri Lanka is a net exporter of potatoes. The annual growth of Sri Lanka potatoes in value between 2015 to 2019 was -42%, per year, while annual growth in quantity through the same period was -38%, per annum.
Sri Lanka procured 148,876 tonnes of potatoes in 2019.
Production
The production of potatoes in Sri Lanka was 406,568 tonnes in 2019 and is estimated to change by an average of 14.34%. The country had approximately 21,728.00 hectares under potatoes cultivation.