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24 April 2012

Poultry consumption on the rise in Sri Lanka

//23 Apr 2012 The per capita poultry consumption in Sri Lanka is to increase to 8 kilo grams within the next five years in line with the increase of purchasing power of the citizens, Ceylon Grain Elevators (GRAN), the country’s largest poultry producer has said. According to GRAN’S latest annual report, the yearly chicken and egg consumption in Sri Lanka at present is approximately 5.7 kilo grams and 54 eggs per person. The per capita consumption of chicken increased significantly to 5.7 kilo grams from 5 kilo grams in the previous year. “We expect this increasing trend to continue in the coming years on par with increasing purchasing power enjoyed in Sri Lanka,” GRAN Chairman and CEO, Cheng Chih Kwong primus said. The report further stated that supply of locally produced maize, which comprises large part of chicken feed, decreased drastically due to unfavorable weather conditions and floods in maize growing areas. As a result, the price of local maize has increased from Rs.42 per kilo grams in December 2010 to Rs.45 per kilo grams in December 2011. Source: Daily Mirror (Sri Lanka)

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