Market research

Raw bovine and equine hides and skins market in Sri Lanka

Release date: Mar 29, 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

Sri Lanka's market for raw bovine and equine hides and skins showed initial stability, with production hovering near 5 780 tonnes annually in 2018 and 2019. This consistency reflected steady supply from the domestic livestock sector during this period.

A shift occurred in 2020 when an outbreak of Lumpy Skin Disease affected local cattle in several districts. This animal health issue directly reduced the availability of raw hides, contributing to a production dip to 5 722 tonnes that year.

Following the disease outbreak, production entered a phase of gradual decline, falling to 5 394 tonnes in 2021 and reaching 5 287 tonnes by 2023. The market volume mirrored this trend, decreasing from 5 767 tonnes to 5 287 tonnes over the full six-year span.

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, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Sri Lanka in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Sri Lanka by countries, 2018-2024, K $ 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, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Sri Lanka in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Sri Lanka by countries, 2018-2024, K $ 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. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Sri Lanka in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Sri Lanka by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Sri Lanka in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Sri Lanka by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Sri Lanka, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Sri Lanka by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Sri Lanka in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Sri Lanka by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Sri Lanka in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Sri Lanka by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Sri Lanka, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Sri Lanka by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production raw bovine and equine hides and skins in Sri Lanka

In kind, 2017-2020, t

Top producers of raw bovine and equine hides and skins, 2017-2020

Source: SHEV.io

World map of production of raw bovine and equine hides and skins, 2017-2020

Source: SHEV.io

Sri Lanka produced 5 722 tonnes of raw bovine and equine hides and skins in 2020, marking a slight decrease of 1.0% compared to 2019. The highest production level was recorded in 2019 at 5 781 tonnes, which also saw the largest annual increase of 0.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	0.2%	(1.0%)	(0.3%)

Source: SHEV.io

Exports raw bovine and equine hides and skins 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, Sri Lanka's export partner base for raw bovine and equine hides and skins in kind was extremely narrow, with India alone accounting for 98.6% of total exports.

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, K $ US

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	-

Source: SHEV.io

Throughout the 2017–2020 period, India dominated Sri Lanka's export structure in value terms, consistently representing 95.6% of total export flows.

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 raw bovine and equine hides and skins to Sri Lanka

Imports in kind, kg

Sri Lanka's imports of raw bovine and equine hides and skins in kind showed an unstable trend from 2017 to 2020. The lowest import volume was recorded in 2018 at just 40 kg, while imports peaked in 2019 at 1 441 kg—a staggering 36-fold difference between these two years. In 2020, imports totaled {value_last_year} kg, representing a 49.0% decrease from the previous year. The largest decline occurred in 2018 with a 90.6% drop, while 2019 saw the most significant increase at 3 502.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(90.6%)	3 502.7%	(49.0%)	20.1%

Source: SHEV.io

Between 2017 and 2020, Sri Lanka's import partner base for raw bovine and equine hides and skins in kind was extremely concentrated, with the United States alone responsible for 98.3% 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, K $ US

Sri Lanka's imports of raw bovine and equine hides and skins in value terms displayed considerable volatility from 2017 to 2020. The lowest import value was recorded in 2018 at 1.0 thousand US dollars, while imports reached their peak in 2019 at 154.4 thousand US dollars—representing a 158-fold difference between these two years. In 2020, imports amounted to 97.8 thousand US dollars, showing a 36.7% decrease from the previous year. The most substantial decline occurred in 2018 with a 97.7% drop, while 2019 experienced the largest increase at 15 682.9%.

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	(97.7%)	15 682.9%	(36.7%)	31.3%

Source: SHEV.io

From 2017 to 2020, the United States was overwhelmingly the main source for Sri Lanka's imports of raw bovine and equine hides and skins in value terms, accounting for 99.6% of total import flows.

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