Key Market Indicators
Sri Lankan cosmetics exports are expected to reach around $88 million by 2026, up from $72 million in 2021 - an average growth rate of 3.4% a year. Since 1999, Sri Lankan exports have increased by 5.6% each year. In 2021, Sri Lanka was ranked 66th in the world, behind Madagascar, which exported $72 million. The United States, Germany and Ireland were the top three exporters. Sri Lankan cosmetics imports are expected to reach around $118 million by 2026, up from $100 million in 2021 - an average growth rate of 2.8% a year. Since 1999, Sri Lankan imports have increased by 0.9% each year. In 2021, Sri Lanka was ranked 93rd in the world, behind Nepal, which imported $100 million. China, Germany and the United Kingdom were the top three importers.
