Market research

Non-rendered pig fat free of lean meat market in Sri Lanka

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for non-rendered pig fat in Sri Lanka experienced notable fluctuations from 2018 to 2023. Volume began at 34 thousand kg in 2018, edged down to 32 thousand kg the following year, and then grew to 38 thousand kg in 2020. A major expansion occurred in 2021, with the market rising by over 50% to reach 58 thousand kg.

This upward trend reversed sharply in 2022, as volume fell back to 32 thousand kg. The decline deepened in 2023, dropping to 22 thousand kg. During this period, a 39% increase in pork prices—stemming from higher living costs and reduced consumer income—curbed demand for meat products, including pig fat. At the same time, the sector's dependence on imported feed ingredients maintained elevated production costs, placing further pressure on market output.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Sri Lanka
  1. 5.1.1. Annual dynamics of production in Sri Lanka in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Sri Lanka in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Sri Lanka in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Sri Lanka by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Sri Lanka in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Sri Lanka by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Sri Lanka, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Sri Lanka by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Sri Lanka in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Sri Lanka by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Sri Lanka in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Sri Lanka by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Sri Lanka, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Sri Lanka by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, kg
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production non-rendered pig fat free of lean meat in Sri Lanka

In kind, 2017-2020, t

Top producers of non-rendered pig fat free of lean meat, 2017-2020

Source: SHEV.io

World map of production of non-rendered pig fat free of lean meat, 2017-2020

Source: SHEV.io

In Sri Lanka, production of non-rendered pig fat free of lean meat reached 38.1 t in 2020, marking an 18.2% increase compared to the previous year. Over the period from 2017 to 2020, production grew by 16.5%, which translates to an average annual growth rate of 5.2%. The lowest production level was recorded in 2019 at 32.2 t, representing a decline of 5.2% from the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.0%	(5.2%)	18.2%	5.2%

Source: SHEV.io

Exports non-rendered pig fat free of lean meat from Sri Lanka

According to market overview data, Sri Lanka did not export any non-rendered pig fat free of lean meat between 2017 and 2020.

Imports non-rendered pig fat free of lean meat to Sri Lanka

Imports in kind, kg

Annual dynamics of product's imports to Sri Lanka in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, the Netherlands was the sole source of imports in kind for non-rendered pig fat free of lean meat into Sri Lanka, consistently making up 100.0% of total imports.

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

Source: SHEV.io

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

Source: SHEV.io