Key Market Indicators
Sri Lanka's livestock production is projected to drop slightly over the next five years, declining by 0.2% annually. Since 1966, production has increased by an average of 1.8% each year. In 2021, the country ranked 118th in the world, behind Israel's 941,540 heads. Brazil, India, and the United States held the top three spots, respectively. Sri Lanka's livestock import is expected to see an average growth of 3.7% annually over the next five years, reaching $25.25 million by 2026. Since 1999, demand has grown by 38.4% each year. In 2021, the country ranked 67th in the world, behind Albania's $19.9 million. Germany, Italy, and the Netherlands held the top three spots, respectively.
