Key Market Indicators
Sri Lanka's leather goods exports are projected to reach $20.9 million by 2026, up 1.4% annually since 2021. Since 1999, Sri Lankan supplies have grown 0.7% each year. Meanwhile, leather goods imports to Sri Lanka are expected to hit $2.5 million by 2026, down 0.7% annually since 2021. Since 1999, demand has dropped 2.5% each year. In 2021, Sri Lanka ranked 83rd, overtaken by Honduras with $2.6 million. Germany, France and Italy followed in the 2nd, 3rd and 4th spots.