Report Update Nov 1, 2024

Sri Lanka - Rabbit or Hare Meat - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Rabbit Meat Market 2024

Rabbit Meat Market Size in Sri Lanka

In 2022, the Sri Lankan rabbit meat market was finally on the rise to reach $X after four years of decline. Overall, consumption, however, recorded a drastic downturn. Rabbit meat consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Rabbit Meat Production in Sri Lanka

In value terms, rabbit meat production rose markedly to $X in 2022 estimated in export price. In general, production saw a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of 190% against the previous year. Rabbit meat production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Rabbit Meat Exports

Exports from Sri Lanka

In 2022, after two years of growth, there was decline in shipments abroad of rabbit or hare meat, when their volume decreased by -1.9% to X kg. In general, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2016 with an increase of 400% against the previous year. The exports peaked at X kg in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, rabbit meat exports rose significantly to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 800% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume to Maldives amounted to +10.2%.

In value terms, Maldives ($X) also remains the key foreign market for rabbit or hare meat exports from Sri Lanka.

From 2012 to 2022, the average annual growth rate of value to Maldives was relatively modest.

Export Prices by Country

In 2022, the average rabbit meat export price amounted to $X per ton, growing by 11% against the previous year. Over the period under review, the export price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 80%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -9.6% per year.

Rabbit Meat Imports

Imports into Sri Lanka

After nine years of decline, supplies from abroad of rabbit or hare meat decreased by 0% to X kg in 2022. Overall, imports recorded a sharp downturn. The smallest decline of -17.6% was in 2015. Imports peaked at X kg in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, rabbit meat imports amounted to $X in 2022. In general, imports faced a dramatic setback. The smallest decline of -26.7% was in 2018. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Switzerland (X kg) was the main rabbit meat supplier to Sri Lanka, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Switzerland stood at -29.9%.

In value terms, Switzerland ($X) constituted the largest supplier of rabbit or hare meat to Sri Lanka.

From 2012 to 2022, the average annual growth rate of value from Switzerland totaled -23.8%.

Import Prices by Country

The average rabbit meat import price stood at $X per ton in 2022, remaining stable against the previous year. In general, the import price saw prominent growth. The growth pace was the most rapid in 2020 when the average import price increased by 100%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +8.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rabbit or hare meat in the world?

China constituted the country with the largest volume of rabbit meat consumption, comprising approx. 47% of total volume. Moreover, rabbit meat consumption in China exceeded the figures recorded by the second-largest consumer, Democratic People's Republic of Korea, threefold. Egypt ranked third in terms of total consumption with a 7.4% share.

What are the largest producers of rabbit or hare meat in the world?

China constituted the country with the largest volume of rabbit meat production, comprising approx. 47% of total volume. Moreover, rabbit meat production in China exceeded the figures recorded by the second-largest producer, Democratic People's Republic of Korea, threefold. The third position in this ranking was occupied by Egypt, with a 7.4% share.

What are the leading suppliers of rabbit or hare meat to Sri Lanka?

In value terms, Switzerland $21) constituted the largest supplier of rabbit meat to Sri Lanka.

What are the leading importers of rabbit or hare meat from Sri Lanka?

In value terms, Maldives $308) remains the key foreign market for rabbit meat exports from Sri Lanka.

What is the average export price for rabbit or hare meat in Sri Lanka?

In 2020, the average rabbit meat export price amounted to $5.9 per kg, declining by -38.5% against the previous year.

What is the average import price for rabbit or hare meat in Sri Lanka?

The average rabbit meat import price stood at $5.2 per kg in 2020, with a decrease of -4.5% against the previous year.

This report provides an in-depth analysis of the rabbit 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:

FCL 1141 - Rabbit meat

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.

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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023