Coffee, husks, skins and substitutes market in Sri Lanka

Earlier Report Observations

Between 2018 and 2020, the market volume for coffee, husks, skins, and substitutes in Sri Lanka fluctuated, reaching a peak of 6 802 t in 2020. This rise was supported by the continued expansion of Barista Coffee Lanka, which opened new outlets to stimulate consumption, and the entry of new competitors during the COVID-19 pandemic, which broadened product availability even as demand shifted away from premium segments.

Following the peak, the market contracted to 5 617 t in 2021 and 4 888 t in 2022 as consumer spending became more cautious, with increased attention to value. By 2023, the market stabilized at 4 783 t amid a saturated competitive landscape and the ongoing brand-strengthening efforts of major players like Barista Coffee Lanka.

Production coffee, husks, skins and substitutes in Sri Lanka

In kind, 2017-2020, t

Top producers of coffee, husks, skins and substitutes, 2017-2020

World map of production of coffee, husks, skins and substitutes, 2017-2020

In 2019, Sri Lanka's production of coffee, husks, skins, and substitutes reached its lowest point at 4 887 tons, marking a significant decline of 24.2%. However, production rebounded sharply in 2020, reaching 6 725 tons—a 37.6% increase compared to the previous year. Over the period from 2017 to 2020, overall production grew by 23.8%, which translates to an annualized growth rate of 7.4%.

Annual dynamics of production in Sri Lanka in kind, 2017-2020, t

In value, 2017-2020, K $ US

In 2018, the value of coffee, husks, skins, and substitutes production in Sri Lanka peaked at 91 791 thousand US dollars, reflecting a substantial increase of 21.5%. The following year, 2019, saw the largest decline of 16.4%. By 2020, production value had recovered to 80 582 thousand US dollars, up by 5.0% compared to 2019. From 2017 to 2020, the total increase in production value was 6.6%, with a compound annual growth rate of 2.2%.

Annual dynamics of production in Sri Lanka in value, 2017-2020, K $ US

Exports coffee, husks, skins and substitutes from Sri Lanka

Exports in kind, t

Sri Lanka's exports of coffee, husks, skins, and substitutes showed significant volatility from 2017 to 2020. In 2018, exports surged to a peak of 232.9 tons, representing an extraordinary increase of 1,588.3%. The following year, 2019, experienced the largest decline of 89.7%. By 2020, exports had partially recovered to 27.4 tons, marking a strong rise of 14.7% compared to 2019. The fluctuation between the 2018 peak and the 2017 low was dramatic, with a 17-fold difference.

Annual dynamics of product's exports from Sri Lanka in kind, 2017-2020, t

From 2017 to 2020, the Maldives was the leading destination for Sri Lanka's exports of coffee, husks, skins, and substitutes in kind, accounting for 46.9% of total exports. The United Kingdom followed with 23.7%, and the United States with 8.2%. Together, these three markets represented 78.8% of all export flows during this period.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Sri Lanka in kind, 2017-2020

Exports in value, K $ US

The value of Sri Lanka's exports of coffee, husks, skins, and substitutes exhibited high volatility from 2017 to 2020. In 2018, export value peaked at 3 317 thousand US dollars, with a massive increase of 1,628.2%. The following year, 2019, saw the largest decline of 88.7%. By 2020, export value had decreased to 329 thousand US dollars, down by 12.5% compared to 2019. The fluctuation between the 2018 high and the 2017 low was substantial, with a 17-fold difference.

Annual dynamics of product's exports from Sri Lanka in value, 2017-2020, K $ US

From 2017 to 2020, the Maldives dominated Sri Lanka's exports of coffee, husks, skins, and substitutes in value terms, representing 68.1% of total exports. The United Kingdom accounted for 9.5%, and the United Arab Emirates for 4.5%. Collectively, these three markets made up 82.1% of all export flows during this period.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Sri Lanka in value, 2017-2020

Imports coffee, husks, skins and substitutes to Sri Lanka

Imports in kind, t

Sri Lanka's imports of coffee, husks, skins, and substitutes in kind showed notable fluctuations from 2017 to 2020. In 2018, imports reached their highest point at 135.7 tons, with an increase of 80.8%. By 2020, imports had declined to 104.9 tons, representing a year-on-year loss of 17.6%. The variation between the 2018 peak and the 2017 low was significant, with a 1.8-fold difference.

Annual dynamics of product's imports to Sri Lanka in kind, 2017-2020, t

From 2017 to 2020, India, Vietnam, and Italy were the primary sources for Sri Lanka's imports of coffee, husks, skins, and substitutes in kind. Together, these three countries accounted for 73.7% of total import flows during this period.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Sri Lanka in kind, 2017-2020

Imports in value, K $ US

Sri Lanka's imports of coffee, husks, skins, and substitutes in value terms followed a mixed trend from 2017 to 2020. In 2019, import value peaked at 770 thousand US dollars, with an increase of 15.4%. However, by 2020, imports had declined to 417 thousand US dollars, down by 45.8% year-on-year. Over the entire period from 2017 to 2020, imports decreased by 28.2%, corresponding to a compound annual decline rate of 10.4%.

Annual dynamics of product's imports to Sri Lanka in value, 2017-2020, K $ US

From 2017 to 2020, Italy led Sri Lanka's imports of coffee, husks, skins, and substitutes in value terms, accounting for 31.5% of total imports. India followed with 26.6%, and the United Kingdom with 7.4%. Together, these three countries represented 65.5% of all import flows during this period.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Sri Lanka in value, 2017-2020