Key Market Indicators
Sri Lanka's import of metal products is projected to climb to approximately $64 million by 2028, up from about $57 million in 2023. This increase represents an average annual growth rate of 1.7%. Historical data reveals a consistent rise in demand, with an average annual increase of 2.5% since 1999. On the export front, Sri Lanka is expected to reach nearly $12 million by 2028, growing from $10.6 million in 2023. This equates to a compound annual growth rate (CAGR) of 1.8%. Since 1999, the supply of metal products from Sri Lanka has seen an average annual growth of 2.7%.