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Sri Lanka - Sausages And Similar Products Of Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingProcessed Meat Price in Sri Lanka - 2021
Contents:
- Processed Meat Price in Sri Lanka (FOB) - 2022
- Processed Meat Price in Sri Lanka (CIF) - 2022
- Processed Meat Exports in Sri Lanka
- Processed Meat Imports in Sri Lanka
Processed Meat Price in Sri Lanka (FOB) - 2022
The average processed meat export price stood at $6,754 per ton in 2022, growing by 6.4% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, processed meat export price increased by +24.0% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 50%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($8,112 per ton), while the average price for exports to Australia ($1,972 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.
Processed Meat Price in Sri Lanka (CIF) - 2022
In 2022, the average processed meat import price amounted to $4,541 per ton, dropping by -17.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2021 when the average import price increased by 35% against the previous year. As a result, import price attained the peak level of $5,492 per ton, and then shrank sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($15,622 per ton), while the price for China ($925 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Processed Meat Exports in Sri Lanka
In 2022, approx. 453 tons of processed meat were exported from Sri Lanka; growing by 10% compared with the previous year. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, processed meat exports skyrocketed to $3.1M in 2022. Overall, total exports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 45%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
Export of Processed Meat in Sri Lanka (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Maldives | 993 | 175 | 869 | 1,379 | 11.6% |
India | 1,376 | 1,208 | 1,235 | 1,287 | -2.2% |
Japan | N/A | N/A | 0.7 | 225 | 32042.9% |
United Arab Emirates | 11.3 | 23.7 | 9.9 | 114 | 116.1% |
United Kingdom | 25.0 | 58.4 | 56.7 | 14.0 | -17.6% |
Australia | 0.4 | 1.4 | 7.9 | 13.6 | 224.0% |
New Zealand | 55.4 | 68.4 | 93.4 | 8.5 | -46.5% |
Seychelles | 175 | 183 | 252 | N/A | 20.0% |
Oman | 53.0 | 46.0 | 54.9 | N/A | 1.8% |
Others | 53.9 | 33.7 | 25.5 | 15.9 | -33.4% |
Total | 2,743 | 1,797 | 2,605 | 3,057 | 3.7% |
Top Export Markets for Processed Meat from Sri Lanka in 2022:
- India (184.9 tons)
- Maldives (170.0 tons)
- United Arab Emirates (40.7 tons)
- Japan (34.6 tons)
- Australia (6.9 tons)
- United Kingdom (5.9 tons)
- New Zealand (2.7 tons)
Processed Meat Imports in Sri Lanka
In 2022, imports of processed meat into Sri Lanka contracted dramatically to 128 tons, declining by -28.1% against the year before. Overall, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 23%. As a result, imports attained the peak of 178 tons, and then dropped remarkably in the following year.
In value terms, processed meat imports contracted markedly to $582K in 2022. Over the period under review, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 65% against the previous year. As a result, imports attained the peak of $980K, and then plummeted in the following year.
Import of Processed Meat in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 158 | 151 | 369 | 309 | 25.1% |
United States | 128 | 125 | 76.3 | 110 | -4.9% |
Australia | 204 | 90.2 | 126 | 78.3 | -27.3% |
Brazil | 2.6 | 3.6 | 13.3 | 46.7 | 161.9% |
China | 1.2 | 2.8 | 7.7 | 7.2 | 81.7% |
Pakistan | 70.4 | 58.2 | 125 | N/A | 33.3% |
Others | 152 | 163 | 263 | 31.3 | -40.9% |
Total | 716 | 593 | 980 | 582 | -6.7% |
Top Suppliers of Processed Meat to Sri Lanka in 2022:
- Malaysia (56.3 tons)
- Australia (26.6 tons)
- United States (18.0 tons)
- China (7.7 tons)
- Brazil (5.5 tons)
This report provides an in-depth analysis of the processed meat market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10861010 - Homogenised preparations of meat, meat offal or blood (excluding sausages and similar products of meat, food preparations based on these products)
- Prodcom 10851100 - Prepared meals and dishes based on meat, meat offal or blood
- Prodcom 10131505 - Prepared or preserved goose or duck liver (excluding sausages and prepared meals and dishes)
- Prodcom 100000Z1 - Prepared and preserved meat, meat offal or blood, including prepared meat and offal dishes
- Prodcom 10131515 - Prepared or preserved liver of other animals (excluding sausages and prepared meals and dishes)
- Prodcom 10131525 - Prepared or preserved meat or offal of turkeys (excluding sausages, preparations of liver and prepared meals and dishes)
- Prodcom 10131535 - Other prepared or preserved poultry meat (excluding sausages, preparations of liver and prepared meals and dishes)
- Prodcom 10131545 - Prepared or preserved meat of swine: hams and cuts thereof (excluding prepared meals and dishes)
- Prodcom 10131555 - Prepared or preserved meat of swine: shoulders and cuts thereof, of swine (excluding prepared meals and dishes)
- Prodcom 10131565 - Prepared or preserved meat, offal and mixtures of domestic swine, including mixtures, containing < .40 % meat or offal of any kind and fats of any kind (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)
- Prodcom 10131575 - Other prepared or preserved meat, offal and mixtures of
- Prodcom 10131585 - Prepared or preserved meat or offal of bovine animals (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)
- Prodcom 10131595 - Other prepared or preserved meat or offal, including blood
- Prodcom 10851410 - Cooked or uncooked pasta stuffed with meat, fish, cheese or other substances in any proportion
- Prodcom 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
- Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
- Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)
- Prodcom 10131200 - Beef and veal salted, in brine, dried or smoked
- Prodcom 10131300 - Meat salted, in brine, dried or smoked, edible flours and meals of meat or meat offal (excluding pig meat, beef and veal salted, in brine, dried or smoked)
- Prodcom 10131430 - Liver sausages and similar products and food preparations based thereon (excluding prepared meals and dishes)
- Prodcom 10131460 - Sausages and similar products of meat, offal or blood and food preparations based thereon (excluding liver sausages and prepared meals and dishes)
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the processed meat market in Sri Lanka.
This report provides an in-depth analysis of the sausage market in Sri Lanka.
This report provides an in-depth analysis of the meat dishes market in Sri Lanka.
This report provides an in-depth analysis of the global processed meat market.
This report provides an in-depth analysis of the global sausage market.
This report provides an in-depth analysis of the global meat dishes market.
This report provides an in-depth analysis of the processed meat market in Sri Lanka.
This report provides an in-depth analysis of the sausage market in Sri Lanka.
This report provides an in-depth analysis of the meat dishes market in Sri Lanka.
This report provides an in-depth analysis of the global processed meat market.
Processed meat has become a staple in many countries around the world, providing convenience and a wide variety of flavors to consumers. As global trade continues to flourish, it's essential to identify the top import markets for processed meat. By leveraging the power of market intelligence platforms like IndexBox, we can gain valuable insights into the world's most significant players in this industry. The United Kingdom is the leading import market for processed meat, with an impressive import value of $9.7 billion USD in 2022. Japan ranks second on the list of top import markets for processed meat, with an import value of $7.2 billion USD in 2022. Germany holds the third position among the world's top import markets for processed meat, with an import value of $5.1 billion USD in 2022. France ranks fourth on the list, with an import value of $4.3 billion USD in 2022. The United States completes the top five import markets for processed meat, with an import value of $4.2 billion USD in 2022. Market intelligence platforms like IndexBox provide essential insights into the global trade dynamics and help businesses make informed decisions. By identifying the top import markets for processed meat, exporters can target their marketing efforts and develop suitable strategies to tap into these lucrative opportunities. Understanding the consumption patterns, preferences, and growth potential of these markets is crucial for achieving success in the processed meat industry. In conclusion, the United Kingdom, Japan, Germany, France, and the United States top the list of import markets for processed meat. These countries exhibit strong demand for processed meat products, driven by factors such as convenience, changing consumer lifestyles, and a preference for diverse flavors. Exporters can leverage market intelligence platforms like IndexBox to gain comprehensive insights, enabling them to capitalize on the immense potential of these import markets.
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
Explore the leading import markets for meat dishes, including the United Kingdom, Japan, Germany, and more. Discover key statistics and numbers from IndexBox platform.
Processed meat has become a staple in many countries around the world, providing convenience and a wide variety of flavors to consumers. As global trade continues to flourish, it's essential to identify the top import markets for processed meat. By leveraging the power of market intelligence platforms like IndexBox, we can gain valuable insights into the world's most significant players in this industry. The United Kingdom is the leading import market for processed meat, with an impressive import value of $9.7 billion USD in 2022. Japan ranks second on the list of top import markets for processed meat, with an import value of $7.2 billion USD in 2022. Germany holds the third position among the world's top import markets for processed meat, with an import value of $5.1 billion USD in 2022. France ranks fourth on the list, with an import value of $4.3 billion USD in 2022. The United States completes the top five import markets for processed meat, with an import value of $4.2 billion USD in 2022. Market intelligence platforms like IndexBox provide essential insights into the global trade dynamics and help businesses make informed decisions. By identifying the top import markets for processed meat, exporters can target their marketing efforts and develop suitable strategies to tap into these lucrative opportunities. Understanding the consumption patterns, preferences, and growth potential of these markets is crucial for achieving success in the processed meat industry. In conclusion, the United Kingdom, Japan, Germany, France, and the United States top the list of import markets for processed meat. These countries exhibit strong demand for processed meat products, driven by factors such as convenience, changing consumer lifestyles, and a preference for diverse flavors. Exporters can leverage market intelligence platforms like IndexBox to gain comprehensive insights, enabling them to capitalize on the immense potential of these import markets.
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
Explore the leading import markets for meat dishes, including the United Kingdom, Japan, Germany, and more. Discover key statistics and numbers from IndexBox platform.