Goats; Live Price in Sri Lanka - 2022

Goats; Live Price in Sri Lanka (FOB) - 2022

In 2022, the average goats; live export price amounted to $676 per unit, rising by 2.9% against the previous year. Overall, the export price showed a prominent expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 73% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +15.0% per year.

Goats; Live Exports in Sri Lanka

In 2022, after two years of decline, there was decline in shipments abroad of goats; lives, when their volume decreased by 0% to 9 units. Overall, exports recorded a pronounced curtailment. The smallest decline of -10% was in 2020. Over the period under review, the exports attained the peak figure at 10 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, goats; live exports reached $6.1K in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 2.9%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.