The import of windows, French-windows, and their frames of wood to Sri Lanka is projected to decline overall from 2024 to 2028. In 2023, the import volume stood at 13.70 thousand kilograms. Forecasts indicate a year-on-year decrease as follows: -1.78% in 2025, -1.82% in 2026, -1.77% in 2027, and -1.80% in 2028. The compound annual growth rate (CAGR) over this period is anticipated to be approximately -1.79%, pointing towards a steady decline.
Future trends to watch for include:
- Changes in construction activity within Sri Lanka, which could influence the demand for such imports.
- The impact of governmental policies on trade and tariffs affecting import costs.
- Shifts in consumer preference towards environmentally sustainable materials, potentially affecting wooden product imports.