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Report Sri Lanka - Prepared or Preserved Shoulders and Cuts of Swine Meat - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Sri Lanka - Prepared or Preserved Shoulders and Cuts of Swine Meat - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Sri Lanka

In 2021, the Sri Lankan preserved swine meat cut market decreased by -8.5% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Sri Lanka

In value terms, preserved swine meat cut production contracted to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by 34%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from Sri Lanka

In 2021, approx. X tons of prepared or preserved shoulders and cuts of swine meat were exported from Sri Lanka; waning by -50.3% against 2020. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of 73%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, preserved swine meat cut exports dropped modestly to $X in 2021. Over the period under review, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2019 with an increase of 107% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X kg), Maldives (X kg) and India (X kg) were the main destinations of preserved swine meat cut exports from Sri Lanka.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Maldives (with a CAGR of +35.9%), while the other leaders experienced a decline.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for prepared or preserved shoulders and cuts of swine meat exports from Sri Lanka, comprising 79% of total exports. The second position in the ranking was taken by Maldives ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates amounted to +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (+35.1% per year) and India (-35.8% per year).

Export Prices by Country

In 2021, the average preserved swine meat cut export price amounted to $X per ton, with an increase of 93% against the previous year. In general, the export price recorded a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+17.0%), while the prices for the other major destinations experienced a decline.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into Sri Lanka

In 2021, supplies from abroad of prepared or preserved shoulders and cuts of swine meat increased by 0.5% to X kg, rising for the third year in a row after two years of decline. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 380%. As a result, imports reached the peak of X kg. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, preserved swine meat cut imports amounted to $X in 2021. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 124%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X kg) was the main preserved swine meat cut supplier to Sri Lanka, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +35.9%.

In value terms, Spain ($X) constituted the largest supplier of prepared or preserved shoulders and cuts of swine meat to Sri Lanka.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to +26.9%.

Import Prices by Country

In 2021, the average preserved swine meat cut import price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the import price, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of 43% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to -6.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of preserved swine meat cut consumption in 2021 were China, Japan and the United States, together comprising 32% of global consumption. India, Spain, Russia, Pakistan, Brazil, Indonesia, Nigeria, Bangladesh and Mexico lagged somewhat behind, together comprising a further 26%.
The countries with the highest volumes of preserved swine meat cut production in 2021 were China, the United States and India, with a combined 33% share of global production. These countries were followed by Spain, Russia, Pakistan, Brazil, Indonesia, Nigeria, Mexico, Bangladesh and Ethiopia, which together accounted for a further 23%.
In value terms, Spain constituted the largest supplier of preserved swine meat cut to Sri Lanka.
In value terms, India emerged as the key foreign market for preserved swine meat cut exports from Sri Lanka, comprising 86% of total exports. The second position in the ranking was occupied by Maldives, with an 8.1% share of total exports.
The average preserved swine meat cut export price stood at $7,493 per ton in 2021, increasing by 7.7% against the previous year.
The average preserved swine meat cut import price stood at $3,488 per ton in 2021, falling by -7% against the previous year.

This report provides an in-depth analysis of the market for preserved swine meat cut 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 10131555 - Prepared or preserved meat of swine: shoulders and cuts thereof, of swine (excluding 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:

  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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