Key Market Indicators
Sri Lanka's chemical manufacturing sector is on track to experience a sharp decline in revenue over the next five years. According to projections, by 2026 the industry is set to make up just 2.9 percent of the country's manufacturing value added, down from 3.9 percent in 2021. This marks a yearly average drop of 5.4 points, a lower rate of decrease than the 6.1 points seen since 1971.