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Report Sri Lanka - Flours, Meals and Pellets of Meat or Meat Offal - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Sri Lanka - Flours, Meals and Pellets of Meat or Meat Offal - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Flours, Meals And Pellets Of Meat Or Meat Offal 2024

Market Size for Flours, Meals And Pellets Of Meat Or Meat Offal in Sri Lanka

In 2021, the Sri Lankan meat meals and pellets market decreased by -0.7% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption saw a mild decline. Meat meals and pellets consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Flours, Meals And Pellets Of Meat Or Meat Offal in Sri Lanka

In value terms, meat meals and pellets production declined modestly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a slight reduction. The growth pace was the most rapid in 2013 when the production volume increased by 32% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Flours, Meals And Pellets Of Meat Or Meat Offal

Exports from Sri Lanka

In 2021, overseas shipments of flours, meals and pellets of meat or meat offal were finally on the rise to reach X tons after three years of decline. In general, exports saw significant growth. The growth pace was the most rapid in 2017 when exports increased by 1,733% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, meat meals and pellets exports soared to $X in 2021. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 691%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Maldives (X tons) was the main destination for meat meals and pellets exports from Sri Lanka, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Maldives amounted to +83.7%.

In value terms, Maldives ($X) emerged as the key foreign market for flours, meals and pellets of meat or meat offal exports from Sri Lanka.

From 2012 to 2021, the average annual growth rate of value to Maldives totaled +48.9%.

Export Prices by Country

The average meat meals and pellets export price stood at $X per ton in 2021, waning by -43.9% against the previous year. In general, the export price showed a drastic downturn. The growth pace was the most rapid in 2019 an increase of 109% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2021, the rate of growth in terms of prices for Maldives amounted to -18.9% per year.

Imports of Flours, Meals And Pellets Of Meat Or Meat Offal

Imports into Sri Lanka

In 2021, the amount of flours, meals and pellets of meat or meat offal imported into Sri Lanka rose significantly to X tons, with an increase of 11% against the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 67%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, meat meals and pellets imports soared to $X in 2021. Overall, imports, however, recorded a perceptible contraction. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of meat meals and pellets imports to Sri Lanka, together accounting for 42% of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +40.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Poland ($X) and Germany ($X) constituted the largest meat meals and pellets suppliers to Sri Lanka, with a combined 47% share of total imports.

Among the main suppliers, Germany, with a CAGR of +40.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average meat meals and pellets import price amounted to $X per ton, growing by 31% against the previous year. Over the period under review, the import price, however, showed a perceptible reduction. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of meat meals and pellets consumption in 2020 were China, the United States and India, together comprising 30% of global consumption. Japan, Brazil, Russia, Pakistan, Bangladesh, Indonesia, Nigeria, Mexico, Ethiopia and Vietnam lagged somewhat behind, together accounting for a further 25%.
The countries with the highest volumes of meat meals and pellets production in 2020 were China, the United States and India, together accounting for 32% of global production. Brazil, Japan, Russia, Pakistan, Bangladesh, Nigeria, France, Ethiopia and Australia lagged somewhat behind, together accounting for a further 23%.
In value terms, Italy constituted the largest supplier of meat meals and pellets to Sri Lanka, comprising 46% of total imports. The second position in the ranking was occupied by Australia, with a 12% share of total imports. It was followed by the United States, with an 8.8% share.
In 2020, the average meat meals and pellets export price amounted to $324 per ton, declining by -40% against the previous year.
In 2020, the average meat meals and pellets import price amounted to $369 per ton, growing by 25% against the previous year.

This report provides an in-depth analysis of the market for meat meals and pellets 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 10131600 - Flours, meals and pellets of meat or meat offal unfit for human consumption, greaves

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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