Sri Lanka - Prepared Or Preserved Hams And Cuts Of Swine Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Swine Meat Price in Sri Lanka - 2021
Contents:
- Preserved Swine Meat Price in Sri Lanka (FOB) - 2022
- Preserved Swine Meat Price in Sri Lanka (CIF) - 2022
- Preserved Swine Meat Exports in Sri Lanka
- Preserved Swine Meat Imports in Sri Lanka
Preserved Swine Meat Price in Sri Lanka (FOB) - 2022
In 2022, the average preserved swine meat export price amounted to $7,851 per ton, dropping by -17.8% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 35%. As a result, the export price reached the peak level of $9,548 per ton, and then shrank rapidly in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($9,187 per ton), while the average price for exports to Japan ($7,609 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Swine Meat Price in Sri Lanka (CIF) - 2022
In 2022, the average preserved swine meat import price amounted to $1,292 per ton, falling by -65.7% against the previous year. Overall, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 56%. Over the period under review, average import prices hit record highs at $9,174 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +10.0% per year.
Preserved Swine Meat Exports in Sri Lanka
Preserved swine meat exports from Sri Lanka fell rapidly to 9.4 tons in 2022, which is down by -52% compared with the year before. Overall, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 265%. As a result, the exports attained the peak of 20 tons, and then declined rapidly in the following year.
In value terms, preserved swine meat exports shrank notably to $74K in 2022. In general, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 394%. As a result, the exports attained the peak of $186K, and then contracted significantly in the following year.
Export of Preserved Swine Meat in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 31.7 | 8.4 | 97.6 | 44.0 | 11.5% |
Maldives | 7.1 | 0.7 | 13.9 | 22.0 | 45.8% |
India | 46.6 | 27.9 | 73.5 | 7.5 | -45.6% |
Others | 1.9 | 0.7 | 1.3 | N/A | -17.3% |
Total | 87.3 | 37.7 | 186 | 73.6 | -5.5% |
Top Export Markets for Preserved Swine Meat from Sri Lanka in 2022:
- Japan (5.8 tons)
- Maldives (2.8 tons)
- India (0.8 tons)
Preserved Swine Meat Imports in Sri Lanka
In 2022, after three years of growth, there was significant decline in purchases abroad of prepared or preserved hams and cuts of swine meat, when their volume decreased by -14.9% to 1.1 tons. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 205%. As a result, imports reached the peak of 1.3 tons, and then contracted in the following year.
In value terms, preserved swine meat imports declined sharply to $1.5K in 2022. In general, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 99%. As a result, imports reached the peak of $5K, and then dropped notably in the following year.
Import of Preserved Swine Meat in Sri Lanka (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.0 | 9.0 | 14.0 | 1,472 | 526.0% |
Spain | 74.0 | 84.0 | 172 | N/A | 52.5% |
Germany | 1,138 | 1,414 | 1,496 | N/A | 14.7% |
Australia | 113 | 155 | 250 | N/A | 48.7% |
Denmark | 352 | 624 | 1,298 | N/A | 92.0% |
Netherlands | N/A | 158 | 72.0 | N/A | -54.4% |
Others | 246 | 90.0 | 1,738 | N/A | 165.8% |
Total | 1,929 | 2,534 | 5,040 | 1,472 | -8.6% |
Top Suppliers of Preserved Swine Meat to Sri Lanka in 2022:
- China (1.1 tons)
This report provides an in-depth analysis of the preserved swine meat market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10131545 - Prepared or preserved meat of swine: hams and cuts thereof (excluding prepared meals and dishes)
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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