What is the price of turmeric per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka turmeric is between US$ 6.48 and US$ 10.04 per kilogram or between US$ 2.94 and US$ 4.55 per pound(lb). Click here to see today's exact prices of turmeric in Sri Lanka
The retail price range in Sri Lanka Rupee for turmeric is between LKR 1,993.31 and LKR 3,088.44 per kilogram or between LKR 904.00 and LKR 1,400.65 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka turmeric is between US$ 4.53 and US$ 7.03 per kilogram or between US$ 2.06 and US$ 3.19 per pound(lb).
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Sri Lanka Turmeric Export Prices - Historical, Trends and Prediction
The export price of Turmeric from Sri Lanka over the last five years has been quite varied. In 2017, the price was 5.88 US$ per kg, followed by 5.01 US$ per kg in 2019. In 2020, the price increased to 6.60 US$ per kg, before dropping to 3.72 US$ per kg in 2021. Based on this data, it is predicted that the export price of Turmeric from Sri Lanka in 2023 will be 4.90 US$ per kg and in 2024 will be 5.50 US$ per kg.Sri Lanka Turmeric Import Prices - Historical, Trends and Prediction
The import price per kilogram of Turmeric into Sri Lanka over the last five years has been quite varied. In 2017, the price was 5.88 US dollars per kg, followed by 5.01 US dollars per kg in 2019. In 2020, the price increased to 6.60 US dollars per kg, before dropping to 3.72 US dollars per kg in 2021. Overall, the import price of Turmeric into Sri Lanka has seen a downward trend over the last five years. It is likely that this trend will continue in the coming years, with the price of Turmeric in 2023 predicted to be around 3.50 US dollars per kg and in 2024 predicted to be around 3.25 US dollars per kg.Export values for Sri Lanka turmeric
The total values in export for turmeric in Sri Lanka were US$ 496, US$ 676, US$ 485 and US$ 548 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, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom & Anise.
See prices of turmeric in other countries across Asia: Kazakhstan turmeric, Kyrgyzstan turmeric, Tajikistan turmeric, Turkmenistan turmeric, Uzbekistan turmeric, China turmeric, Hong Kong turmeric, Macao turmeric, North Korea turmeric & Mongolia turmeric.
Sri Lanka turmeric - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka sold 102 tonnes of turmeric. In 2019 alone, the interest in Sri Lanka turmeric (herbs and spices category) has increased, with a change of 29.114 percent compared to the year 2018. Between 2017 and 2019, turmeric's exports went down by -11.3 percent earning the exporter US$0.55m for the year 2019. Sri Lanka's turmeric exports are categorised as:
- Turmeric "curcuma" (HS code 091030)
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Sri Lanka turmeric export values
In 2019, Sri Lanka supplied turmeric valued at 0.55m USD, a growth of 13.40% from 2018's total turmeric export of 0.485m USD. The yearly change in value of Sri Lanka turmeric between 2017 to 2018 was -28.254%.
The yearly variation in the amount of Sri Lanka's turmeric exports between 2017 and 2019 was -11.3 percent compared to a variation of 29.114% in the period between 2018 and 2019.
Export markets for Sri Lanka turmeric ( in '000$ )
Sri Lanka ordered 5,517 tonnes of turmeric in 2019.