Market research

Pig fat free of lean meat and poultry fat market in Sri Lanka

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market volume for pig fat free of lean meat and poultry fat in Sri Lanka experienced notable fluctuations between 2018 and 2023. Starting at 34 тыс. kg in 2018, it declined to 32 тыс. kg in 2019 as an economic crisis began affecting the availability of poultry feed and raw materials, constraining production. However, the market recovered to 38 тыс. kg in 2020 and surged to 58 тыс. kg in 2021, marking the peak period despite ongoing economic challenges.

The following years saw a sharp contraction, with volume dropping to 32 тыс. kg in 2022 and further to 22 тыс. kg in 2023. This decline coincided with increased imports of chicken meat, which reduced domestic poultry production and consequently the supply of related fats. Additionally, the pig farming sector remained concentrated in the Western and North Western provinces, with a slight increase in pig population in 2023, though this did not offset the overall market shrinkage.

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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Sri Lanka, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Sri Lanka by countries, 2018-2024, $ US/kg
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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Sri Lanka, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Sri Lanka by countries, 2018-2024, $ US/kg
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 pig fat free of lean meat and poultry fat in Sri Lanka

In kind, 2017-2020, t

Top producers of pig fat free of lean meat and poultry fat, 2017-2020

Source: SHEV.io

World map of production of pig fat free of lean meat and poultry fat, 2017-2020

Source: SHEV.io

Sri Lanka's production of pig fat free of lean meat and poultry fat reached 38.1 t in 2020, marking a robust 18.2% year-over-year increase. Over the period from 2017 to 2020, production grew by 16.5%, which translates to an annualized growth rate of 5.2%. The lowest production level was recorded in 2019 at 32.2 t, with the largest decline of 5.2% occurring that same 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 pig fat free of lean meat and poultry fat from Sri Lanka

Exports in kind, kg

Annual dynamics of product's exports from 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 geographical distribution of exports in kind showed a strong reliance on the Maldives, which accounted for 100.0% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, $ US

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

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

Source: SHEV.io

Between 2017 and 2020, the Maldives remained the overwhelmingly dominant buyer of pig fat free of lean meat and poultry fat from Sri Lanka, representing 100.0% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

Imports pig fat free of lean meat and poultry fat to Sri Lanka

Imports in kind, kg

In 2020, Sri Lanka's imports of pig fat free of lean meat and poultry fat stood at 4.0 kg, showing little change from the previous year. Over the period from 2017 to 2020, imports decreased by 97.2%, which corresponds to an annualized decline of 69.8%.

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	(69.8%)

Source: SHEV.io

Throughout 2017 to 2020, Japan was the primary source for Sri Lanka's imports in kind of pig fat free of lean meat and poultry fat, accounting for 96.5% of total import flows.

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

Imports in value, $ US

In 2020, the value of Sri Lanka's imports of pig fat free of lean meat and poultry fat reached 4.4 US dollars, remaining stable compared to 2019. From 2017 to 2020, imports fell by 98.1%, equating to an annualized decrease of 73.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	(73.1%)

Source: SHEV.io

Between 2017 and 2020, Sri Lanka's imports in value terms of pig fat free of lean meat and poultry fat were largely directed towards Japan and Denmark, with their combined share reaching 98.1% of total flows, while other destinations played a secondary role.

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

Source: SHEV.io

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

Source: SHEV.io