Key Market Indicators
Demand for home appliances in Sri Lanka is expected to reach $16.8 million by 2026, up 2.3% from 2021's figure of $14.7 million. This marks a decrease of 0.4% since 1999. Sri Lanka is currently ranked 70th in the world, just behind Lebanon at $14.7 million. Germany, Japan and France are the countries ranked 2nd, 3rd and 4th respectively. Meanwhile, exports of home appliances from Sri Lanka are forecast to reach $233,390 by 2026, up 3.5% from the 2021 figure of $190,240. This marks a decrease of 8.3% since 1999. Sri Lanka is currently 74th in the world, just behind Iran at $190,240. Germany, Malaysia and the United States are the countries ranked 2nd, 3rd and 4th respectively.
