Sri Lanka Maize 2023 Retail Prices
The retail price range for Sri Lanka maize in September is between US$ 1.22 and US$ 1.89 per kilogram or between US$ 0.55 and US$ 0.86 per pound(lb). Click here to see today's prices of maize in Sri Lanka
The retail price range in Sri Lanka Rupee for maize is between LKR 375.38 and LKR 581.54 per kilogram or between LKR 170.24 and LKR 263.74 per pound(lb) in Colombo and Jaffna.
In 2023, the approximate wholesale price range for Sri Lanka maize is between US$ 0.85 and US$ 1.32 per kilogram or between US$ 0.39 and US$ 0.6 per pound(lb).
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Sri Lanka Maize Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize from Sri Lanka has seen a steady increase over the last five years. In 2012, the price was 0.36 US $ per kg, and in 2016 it was 0.64 US $ per kg. In 2017, the price jumped to 2.00 US $ per kg, and in 2019 it further increased to 3.75 US $ per kg. The highest price was recorded in 2020, at 5.11 US $ per kg. The price has since decreased to 4.27 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Maize from Sri Lanka will be 4.90 US $ per kg in 2023 and 5.58 US $ per kg in 2024.
The Sri Lanka maize exports are classified as:
- Maize seed for sowing (HS code 100510)
- Maize (excluding seed for sowing) (HS code 100590)
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
Sri Lanka Maize Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize into Sri Lanka over the last five years has been quite volatile. In 2012, the price was 0.36 US $ per kg, which dropped to 0.32 US $ per kg in 2013. The price then increased to 0.38 US $ per kg in 2014, before rising sharply to 0.65 US $ per kg in 2015. The price then dropped slightly to 0.64 US $ per kg in 2016, before increasing significantly to 2.00 US $ per kg in 2017. The price then rose further to 3.75 US $ per kg in 2019 and 5.11 US $ per kg in 2020. The price then dropped to 4.27 US $ per kg in 2021.
Based on the data, it is likely that the import price per kilogram of Maize into Sri Lanka will continue to fluctuate in the coming years. We can predict that the price in 2023 will be around 4.50 US $ per kg and in 2024 it will be around 4.75 US $ per kg.
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Export values for Sri Lanka maize
The total values in export for maize in Sri Lanka were US$ 16, US$ 4, US$ 169 and US$ 34 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.