Sri Lanka Milk & Cream 2023 Retail Prices
The retail price range for Sri Lanka milk & cream in September is between US$ 0.68 and US$ 1.76 per kilogram or between US$ 0.31 and US$ 0.8 per pound(lb). Click here to see today's prices of milk & cream in Sri Lanka
The retail price range in Sri Lanka Rupee for milk & cream is between LKR 209.23 and LKR 541.54 per kilogram or between LKR 94.89 and LKR 245.6 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2023, the approximate wholesale price range for Sri Lanka milk & cream is between US$ 0.48 and US$ 1.23 per kilogram or between US$ 0.22 and US$ 0.56 per pound(lb).
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Sri Lanka Milk & Cream Export Prices - Historical, Trends and Prediction
The export price per kilogram of Milk & Cream from Sri Lanka over the last five years has been relatively stable. In 2017, the price was 2.49 US $ per kg, followed by 2.15 US $ per kg in 2019. In 2020, the price increased to 3.01 US $ per kg and further to 3.04 US $ per kg in 2021. Based on this trend, it is likely that the export price per kilogram of Milk & Cream from Sri Lanka will remain around 3.00 US $ per kg in 2023 and 2024.The milk & cream exports from Sri Lanka are categorised as:
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
Sri Lanka Milk & Cream Import Prices - Historical, Trends and Prediction
The import price per kilogram of Milk & Cream into Sri Lanka over the last five years has been relatively stable. In 2017, the price was 2.49 US dollars per kilogram, followed by 2.15 US dollars per kilogram in 2019. In 2020, the price increased to 3.01 US dollars per kilogram, and further increased to 3.04 US dollars per kilogram in 2021. Based on this trend, it is predicted that the import price per kilogram of Milk & Cream into Sri Lanka in 2023 will be around 3.20 US dollars per kilogram, and in 2024 will be around 3.35 US dollars per kilogram.Export values for Sri Lanka milk & cream
The total values in export for milk & cream in Sri Lanka were US$ 3,632, US$ 4,496, US$ 1,914 and US$ 2,554 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: Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of milk & cream in other countries across Asia: Kazakhstan milk & cream, Kyrgyzstan milk & cream, Tajikistan milk & cream, Turkmenistan milk & cream, Uzbekistan milk & cream, China milk & cream, Hong Kong milk & cream, Macao milk & cream, North Korea milk & cream & Mongolia milk & cream.
Sri Lanka milk & cream - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka exported 360 tonnes of milk & cream. Across 2019 alone, the demand for Sri Lanka milk & cream (processed category) has improved, with a change of 80 pc compared to the year 2018. Between 2017 and 2019, milk & cream's exports went down by -80.04 percent bringing the country US$2.55m for the year 2019. Sri Lanka's milk & cream exports are categorised as:
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
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Sri Lanka milk & cream export values
In 2019, Sri Lanka supplied milk & cream valued at 2.55m USD, an increase of 33.23% from 2018's total milk & cream export of 1.914m USD. The annual change in value of Sri Lanka milk & cream between 2017 to 2018 was -57.429 percent.
The annual change in the volume of Sri Lanka's milk & cream exports between 2017 and 2019 was -80.04 per cent in comparison to a variation of 80% in the period between 2018 and 2019.
Export markets for Sri Lanka milk & cream ( in '000$ )
Sri Lanka's leading destinations for milk & cream are Singapore, Chile, Seychelles, United Arab Emirates (UAE) and Turkey.
Sri Lanka procured 202,492 tonnes of milk & cream in 2019.