Key Market Indicators
Sri Lanka's milk powder imports are expected to increase to 9.2 million kilograms by 2026 - up 0.8 percent annually on average from 8.8 million kilograms in 2021. Since 1999, the country's demand has grown by 2.5 percent per year. In 2021, Sri Lanka ranked 38th in terms of milk powder imports, with the Dominican Republic taking the lead at 8.8 million kilograms. The Philippines, Indonesia, and Algeria followed in second, third, and fourth place respectively. Meanwhile, Sri Lanka's milk powder exports are estimated to reach 86,100 kilograms by 2026 - a 3.4 percent average annual growth from 70,270 kilograms in 2021. Since 1999, the country's supply has increased by 37.7 percent annually. In 2021, Sri Lanka placed 79th in terms of milk powder exports, with Mauritius ahead at 70,270 kilograms. Germany, New Zealand, and France followed in second, third, and fourth place respectively.