What is the price of sugar per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka sugar is between US$ 1.18 and US$ 3.93 per kilogram or between US$ 0.54 and US$ 1.78 per pound(lb). Click here to see today's exact prices of sugar in Sri Lanka
The retail price range in Sri Lanka Rupee for sugar is between LKR 363.06 and LKR 1,210.22 per kilogram or between LKR 164.66 and LKR 548.85 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka sugar is between US$ 0.83 and US$ 2.75 per kilogram or between US$ 0.37 and US$ 1.25 per pound(lb).
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Sri Lanka Sugar Export Prices - Historical, Trends and Prediction
The export price per kilogram of sugar from Sri Lanka over the last five years has been quite varied. In 2017, the price was 2.94 US dollars per kilogram, followed by a sharp drop to 0.67 US dollars per kilogram in 2021. The highest price was recorded in 2019 at 4.18 US dollars per kilogram. The price in 2020 was 2.52 US dollars per kilogram and in 2021 it was 0.67 US dollars per kilogram. Based on this data, it is predicted that the export price per kilogram of sugar from Sri Lanka in 2023 will be 1.90 US dollars and in 2024 it will be 2.45 US dollars.The Sri Lanka sugar exports are categorised as:
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
Sri Lanka Sugar Import Prices - Historical, Trends and Prediction
The import price per kilogram of sugar into Sri Lanka over the last five years has been quite varied. In 2017, the price was 2.94 US dollars per kilogram, which was the highest in the five year period. This was followed by a decrease in 2018 to 2.52 US dollars per kilogram. In 2019, the price increased to 4.18 US dollars per kilogram, the highest in the five year period. This was followed by a decrease in 2020 to 2.52 US dollars per kilogram. In 2021, the price decreased again to 0.67 US dollars per kilogram, the lowest in the five year period. Based on this trend, it is predicted that the import price per kilogram of sugar into Sri Lanka in 2023 will be around 1.85 US dollars and in 2024 will be around 2.18 US dollars.Export values for Sri Lanka sugar
The total values in export for sugar in Sri Lanka were US$ 628, US$ 884, US$ 900 and US$ 896 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, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of sugar in other countries across Asia: Kazakhstan sugar, Kyrgyzstan sugar, Tajikistan sugar, Turkmenistan sugar, Uzbekistan sugar, China sugar, Hong Kong sugar, Macao sugar, North Korea sugar & Mongolia sugar.
Sri Lanka sugar - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka shipped 400 tonnes of sugar. Across 2019 alone, the interest in Sri Lanka sugar (processed category) has gone down, with a change of -27.405 % compared to the year 2018. Between 2017 and 2019, sugar's exports grew by 32.89 pc netting the nation US$0.90m for the year 2019. Sri Lanka's sugar exports are categorised as:
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
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Sri Lanka sugar export values
In 2019, Sri Lanka sold sugar with a value of 0.90m USD, of 0.00% from 2018's total sugar export of 0.9m USD. The yearly in value of Sri Lanka sugar between 2017 to 2018 was 1.81 pc.
The per year change in the quantity of Sri Lanka's sugar exports between 2017 and 2019 was 32.89 per cent when compared to a variation of -27.405% in the growth rate between 2018 and 2019.
Export markets for Sri Lanka sugar ( in '000$ )
Sri Lanka's leading export markets for sugar are Australia, Canada, Brazil, Denmark and Sweden.
Sri Lanka procured 538,675 tonnes of sugar in 2019.