Key Market Indicators
Sri Lanka's butter consumption is expected to reach 2,400 metric tons by 2026, up 2.7% annually from 2,000 metric tons in 2021. Since 2017, the country's demand has remained steady. In 2021, Jamaica had higher consumption at 2,000 metric tons, while Germany, France and Russia were the top three countries. Sri Lanka's butter production is forecast to reach 1,120 metric tons by 2026, up 2% annually from 991 metric tons in 2021. Since 1969, the country's supply has grown at a rate of 2.9% per year. In 2021, Venezuela had a higher production at 991 metric tons, with New Zealand, Germany and France being the top three countries.
