Key Market Indicators
**Sri Lanka's Plastic Imports to Surge by 2028** Sri Lanka's plastic import market is anticipated to reach approximately $959 million by 2028, up from around $852 million in 2023. This represents an average annual growth rate of 1.9%. Since 1999, the demand for plastic in Sri Lanka has seen a consistent year-on-year increase of 2.8%. **Plastic Exports Also on the Rise** Meanwhile, Sri Lanka's plastic export market is projected to grow to roughly $110 million by 2028, rising from nearly $98 million in 2023. This growth also marks an average annual increase of 1.9%. Since 1999, the supply of plastic for export from Sri Lanka has shown a steady year-on-year growth rate of 2.8%.
