Key Market Indicators
Sri Lanka's pigment export market is poised for significant growth, with projections indicating a rise to approximately 3,400 kilograms by 2028. This marks an increase from around 2,700 kilograms in 2023, reflecting an average annual growth rate of 3.6%. Since 1999, the nation's pigment supply has expanded at an average rate of 6% per year. On the import front, Sri Lanka's pigment demand is expected to surge to nearly 907,000 kilograms by 2028, up from about 745,000 kilograms in 2023. This represents an average annual growth rate of 3.2%. Historically, since 1999, the country's pigment imports have grown by an average of 5.1% annually.
