Earlier Report Observations
Between 2018 and 2021, the goat meat market in Sri Lanka grew significantly, from 1 849 t to 3 180 t. This expansion was primarily fueled by concerted government efforts to boost domestic production. The National Livestock Development Board's goat-breeding program introduced the Boer meat breed to improve carcass yield, while the Ministry of Agriculture's subsidized Goat Development Project provided key inputs to private farms. A major acceleration occurred in 2021 with the launch of a state program to distribute 70 000 goats to rural youth, directly contributing to a sharp rise in production to 2 500 t that year.
A market shift began in 2022, with total volume dipping to 2 832 t. This change was largely due to a steep fall in imports, which dropped from 933 t in 2020 to just 152 t. The decline coincided with the implementation of stricter labeling regulations for fresh and chilled goat meat, mandating country-of-origin and halal certification, which likely affected import flows. Meanwhile, domestic output continued its upward trend, reaching 2 750 t in 2023, supported by the ongoing goat distribution scheme and a government buy-back program designed to stabilize farm-gate prices and secure market access for local producers.
By 2023, the market stabilized at 2 895 t. Although retail prices rose to Rs 3 264 per kg reflecting broader inflationary pressures, domestic production capacity was reinforced by continued state investment. Policy direction in 2024, emphasizing self-sufficiency through extended feed and breeding stock subsidies, pointed towards a sustained focus on growing local processing and output.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Sri Lanka
- 5.1.1. Annual dynamics of production in Sri Lanka in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Sri Lanka in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Sri Lanka
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Sri Lanka in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Sri Lanka by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Sri Lanka in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Sri Lanka by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Sri Lanka, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Sri Lanka by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Sri Lanka in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Sri Lanka by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Sri Lanka in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Sri Lanka by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Sri Lanka, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Sri Lanka by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Sri Lanka in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Sri Lanka by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Sri Lanka in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Sri Lanka by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Sri Lanka, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Sri Lanka by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Sri Lanka in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Sri Lanka by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Sri Lanka in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Sri Lanka by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Sri Lanka, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Sri Lanka by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production goat meat in Sri Lanka
In kind, 2017-2020, t
Top producers of goat meat, 2017-2020
World map of production of goat meat, 2017-2020
Sri Lanka's goat meat production increased for the second year in a row. In 2019, production stood at 1 810 tonnes, followed by a rise to 1 960 tonnes in 2020, marking an 8.3% increase. Over the period from 2017 to 2020, production grew by 12.6%, averaging 4.0% annually. The lowest production level was recorded in 2018 at 1 630 tonnes, which represented a 6.3% decline from the previous year. The largest increase occurred in 2019, with an 11.0% jump.
Annual dynamics of production in Sri Lanka in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.3%) | 11.0% | 8.3% | 4.0% |
Exports goat meat from Sri Lanka
Exports in kind, t
In 2019, Sri Lanka exported 0.1 tonnes of goat meat, showing little change from the previous year. From 2017 to 2019, exports surged by 200%, averaging an annual growth rate of 44.2%.
Annual dynamics of product's exports from Sri Lanka in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Between 2017 and 2020, Sri Lanka's goat meat exports were almost entirely directed to the Maldives, which accounted for 100.0% of the total volume.
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
In 2019, Sri Lanka's goat meat exports reached 1 000 US dollars, remaining largely stable compared to the prior year. From 2017 to 2019, export value increased by 125.7%, with a compound annual growth rate of 31.2%.
Annual dynamics of product's exports from Sri Lanka in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, the Maldives was the overwhelmingly dominant buyer of Sri Lankan goat meat, making up 100.0% of total export value.
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 goat meat to Sri Lanka
Imports in kind, t
The market showed an unstable trend over the period. Imports reached their lowest point in 2018 at 219.0 tonnes, then peaked in 2020 at 933.5 tonnes, resulting in a 4.3-fold difference between these years. In 2020, imports rose by 3.0% compared to 2019. The largest decline occurred in 2018, with a 59.8% drop, while the biggest increase was in 2019, at 314.0%.
Annual dynamics of product's imports to Sri Lanka in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (59.8%) | 314.0% | 3.0% | 19.6% |
Between 2017 and 2020, Australia, Spain, and Romania were the leading sources of goat meat imports to Sri Lanka by volume. Australia accounted for 38.2%, Spain for 22.3%, and Romania for 21.9%, together representing 82.4% of total imports.
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
The market exhibited volatility throughout the timeframe. Import value hit a low of 726 000 US dollars in 2018 and a high of 2 280 000 US dollars in 2020, varying by 3.1 times. In 2020, imports increased by 10.6% year-on-year. The largest decline was in 2018, at 53.1%, while the biggest rise occurred in 2019, with a 183.9% increase.
Annual dynamics of product's imports to Sri Lanka in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (53.1%) | 183.9% | 10.6% | 13.8% |
From 2017 to 2020, Australia, Spain, and Romania remained the primary sources for Sri Lanka's goat meat imports by value. Australia contributed 41.7%, Spain 18.9%, and Romania 18.1%, collectively accounting for 78.7% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Sri Lanka in value, 2017-2020
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