Sri Lanka Tractor Industry Outlook 2022 - 2026

See how Sri Lanka Tractor performed compared to key markets such as the United States, Canada and France.

Key Market Indicators

Sri Lankan tractor imports are projected to reach around $32 million by 2026, down from $36 million in 2021. This is a decrease of 2.1% year-on-year on average. Since 1999, demand for tractor imports in Sri Lanka has dropped by nearly 15%. In 2021, the country was ranked 86th, overtaken by Macedonia at $36 million. Canada, France, and Germany were ranked 2nd, 3rd, and 4th respectively. Sri Lankan tractor exports are expected to reach $274,110 by 2026, up from $251,100 in 2021. This is an increase of 1.4% year-on-year on average. Since 1999, supply of tractor exports in Sri Lanka has decreased by 10.2%. In 2021, the country was ranked 96th, overtaken by Kazakhstan at $251,100. Mexico, the Netherlands, and the United States were ranked 2nd, 3rd, and 4th respectively.

Sri Lanka Tractor Market Data and Forecasts

How much will Sri Lanka Tractor Market grow to 2026?

Forecast: Re-Export of Tractors from Sri Lanka

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