Key Market Indicators
The export of Sri Lankan Work of Art is forecast to reach around $153,000 by 2026, growing at a year-on-year compound annual growth rate (CAGR) of 1%. Since 1999, Sri Lankan supply has risen by 11.6% year-on-year. In 2021, Sri Lanka was ranked 92nd in the world for exports, with Guatemala overtaking at $143,580. The United Kingdom, Switzerland, and France respectively came in at 2nd, 3rd, and 4th in the rankings. Meanwhile, Sri Lankan Work of Art imports are set to reach around $1.2 million by 2026, with a CAGR of 4.4% year-on-year since 1999. In 2021, Sri Lanka was ranked 72nd in the world for imports, with Madagascar overtaking at $950,230. The United Kingdom, Switzerland, and the United Arab Emirates respectively came in at 2nd, 3rd, and 4th in the rankings.
