Plaster Market Overview in Sri Lanka
In value terms, plaster production totaled $ in 2018 estimated in export prices. Over the period under review, production showed a prominent expansion. The pace of growth appeared the most rapid in 2009 with an increase of % y-o-y. Over the period under review, production hit record highs in 2018 and is expected to retain growth in the near future.
The size of the plaster market in Sri Lanka surged to $ in 2018, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a prominent expansion. The growth pace was the most rapid in 2010 when the market value increased by % against the previous year. Over the period under review, the market hit record highs in 2018 and is likely to continue growth in years to come.