Key Market Indicators
Sri Lanka will see its transformer imports reach $127 million by 2026, up from $106 million in 2021. This is an average growth of 3.1% year-on-year since 1999, when the demand in the country rose by 5.7%. In 2021, Sri Lanka came in at 64th place, behind Morocco's $106 million. China, Germany and Mexico ranked second, third and fourth respectively. Sri Lanka's transformer exports are set to reach $43 million by 2026, up 0.6% year-on-year from $41 million in 2021. Since 1999, the country's supply has risen 3.9% year-on-year. In 2021, Sri Lanka was 56th, with Oman overtaking at $41 million. Germany, the United States and Japan were second, third and fourth respectively.
Sri Lanka Transformer Market Data and Forecasts
How much will Sri Lanka Transformer Market grow to 2026?
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