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Sri Lanka Cement Industry 2026: Recovery, Supply and Prices

Sri Lanka cement supply remains below pre-crisis levels despite recovery. Compare production, imports, prices and company results with reusable source data.

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Topics
Sri Lanka cement industry · Cement supply · Construction · Clinker · Cement prices · Industrial recovery · Sri Lanka
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Arachchige, K. L. (2025). Sri Lanka Cement Industry 2026: Recovery, Supply and Prices. Research Mind. https://www.arachchi.ge/works/sri-lanka-cement-industry/

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Abstract

Sri Lanka's cement supply is recovering, but its level and composition differ sharply from the pre-crisis market. This audit combines Central Bank annual cement statistics for 2013–2025 with comparable first-half 2026 observations, construction indicators, producer financial disclosures and regulatory sources inspected through 22 September 2026. It provides a source-linked dataset, an explicit vintage ledger and reproducible descriptive calculations. Local production plus direct imports reached 4.971 million tonnes in 2025, 36.4% above the 2023 trough but 38.8% below 2019. Local production was 23.8% above its 2019 level, while finished imports were 83.8% lower. The domestic-production share consequently rose from 41.8% to 84.6%, without establishing reduced dependence on imported clinker. First-half 2026 supply increased 16.9%, although June alone declined 3.8%. Annual-average ex-factory and CIF import measures eased from their crisis peaks while remaining substantially above 2019 in nominal rupees. Conflicting official 2024 import observations are retained rather than silently reconciled. Tokyo Cement's group accounts show annual margin pressure, but its latest quarter combines improved gross margin with a larger tax charge and lower after-tax profit. The wider analysis connects product choice, logistics, capacity, working capital and environmental requirements to observable conditions for recovery. Production plus imports remains an availability proxy rather than final consumption. The findings support conditional monitoring of volumes, operating returns and delivery constraints, without inferring national company shares, retail bag prices or a numerical market forecast.

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Archived edition 1.1 · archive revision 1

Report edition released . Archive published on Zenodo .

Exact-edition DOI: 10.5281/zenodo.23288935

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APA 7: Arachchige, K. L. (2026). Sri Lanka Cement Industry 2026: Recovery, Supply and Prices (Version 1.1 (archive revision 1), 1.1). Research Mind. https://doi.org/10.5281/zenodo.23288935

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Data and figures

Data edition e01/s00

Source-linked cement supply, price and company observations, with definitions, calculations and source vintages.

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Market Audit Series

About this audit

First edition · checked 22 Sep 2026

Finished hydraulic cement, bagged or bulk, supplied to domestic purchasers.

Evidence coverage is limited; the conclusions and excluded uses below show the extent of the findings.

Evidence checked through
Edition published
Methodology
1.1.0
Market definition
Version 1 · Sri Lanka
Market boundary

Sri Lanka; construction context and company financial perimeters remain separately labelled.

Included activities

  • Local cement production or grinding
  • Direct imports of finished cement
  • Distribution as contextual delivery mechanism

Excluded activities

  • Separately valued clinker manufacture
  • Construction services
  • Concrete and cement-product manufacture
Changes in this edition
  • Adds source-linked 2013–2025 annual physical supply and distinct price series with explicit 2019 and trough recovery comparisons.
  • Updates comparable YTD, construction and issuer evidence; retains the 2024 import-vintage discrepancy and separates nominal price concepts and company perimeters.
  • Provides original reusable data, calculations, figures and a first versioned citable PDF while preserving source 3199, the original publication date, canonical route and legacy anchors.

Earlier publication dates and correction notices remain part of this work's history.

Key indicators and their sources
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
1,910,000 metric tonnes 2013-01-01 to 2013-12-31 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!C5
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
4,123,000 metric tonnes 2013-01-01 to 2013-12-31 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!C7
Nominal value of cement imports reported in ESS. Not industry revenue or market value.
40,536,000,000 LKR 2013-01-01 to 2013-12-31 · observation · not-stated Nominal value of cement imports reported in ESS. Not industry revenue or market value. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!C8
Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price.
9,832 LKR per metric tonne 2013-01-01 to 2013-12-31 · observation · not-stated Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!C9
Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied.
13,787 LKR per metric tonne 2013-01-01 to 2013-12-31 · observation · not-stated Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!C10
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
1,884,000 metric tonnes 2014-01-01 to 2014-12-31 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!D5
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
4,363,000 metric tonnes 2014-01-01 to 2014-12-31 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!D7
Nominal value of cement imports reported in ESS. Not industry revenue or market value.
41,304,000,000 LKR 2014-01-01 to 2014-12-31 · observation · not-stated Nominal value of cement imports reported in ESS. Not industry revenue or market value. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!D8
Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price.
9,468 LKR per metric tonne 2014-01-01 to 2014-12-31 · observation · not-stated Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!D9
Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied.
13,902 LKR per metric tonne 2014-01-01 to 2014-12-31 · observation · not-stated Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!D10
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
2,287,000 metric tonnes 2015-01-01 to 2015-12-31 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!E5
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
4,092,000 metric tonnes 2015-01-01 to 2015-12-31 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!E7
Nominal value of cement imports reported in ESS. Not industry revenue or market value.
39,372,000,000 LKR 2015-01-01 to 2015-12-31 · observation · not-stated Nominal value of cement imports reported in ESS. Not industry revenue or market value. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!E8
Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price.
9,622 LKR per metric tonne 2015-01-01 to 2015-12-31 · observation · not-stated Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!E9
Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied.
13,160 LKR per metric tonne 2015-01-01 to 2015-12-31 · observation · not-stated Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!E10
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
2,695,000 metric tonnes 2016-01-01 to 2016-12-31 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!F5
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
5,299,000 metric tonnes 2016-01-01 to 2016-12-31 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!F7
Nominal value of cement imports reported in ESS. Not industry revenue or market value.
50,589,000,000 LKR 2016-01-01 to 2016-12-31 · observation · not-stated Nominal value of cement imports reported in ESS. Not industry revenue or market value. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!F8
Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price.
9,547 LKR per metric tonne 2016-01-01 to 2016-12-31 · observation · not-stated Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!F9
Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied.
11,734 LKR per metric tonne 2016-01-01 to 2016-12-31 · observation · not-stated Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!F10
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
2,819,000 metric tonnes 2017-01-01 to 2017-12-31 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!G5
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
5,676,000 metric tonnes 2017-01-01 to 2017-12-31 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!G7
Nominal value of cement imports reported in ESS. Not industry revenue or market value.
53,498,000,000 LKR 2017-01-01 to 2017-12-31 · observation · not-stated Nominal value of cement imports reported in ESS. Not industry revenue or market value. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!G8
Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price.
9,425 LKR per metric tonne 2017-01-01 to 2017-12-31 · observation · not-stated Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!G9
Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied.
11,367 LKR per metric tonne 2017-01-01 to 2017-12-31 · observation · not-stated Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!G10
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
2,841,000 metric tonnes 2018-01-01 to 2018-12-31 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!H5
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
5,114,000 metric tonnes 2018-01-01 to 2018-12-31 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!H7
Nominal value of cement imports reported in ESS. Not industry revenue or market value.
48,386,000,000 LKR 2018-01-01 to 2018-12-31 · observation · not-stated Nominal value of cement imports reported in ESS. Not industry revenue or market value. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!H8
Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price.
9,461 LKR per metric tonne 2018-01-01 to 2018-12-31 · observation · not-stated Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!H9
Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied.
12,345 LKR per metric tonne 2018-01-01 to 2018-12-31 · observation · not-stated Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!H10
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
3,397,000 metric tonnes 2019-01-01 to 2019-12-31 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!I5
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
4,724,000 metric tonnes 2019-01-01 to 2019-12-31 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!I7
Nominal value of cement imports reported in ESS. Not industry revenue or market value.
48,248,000,000 LKR 2019-01-01 to 2019-12-31 · observation · not-stated Nominal value of cement imports reported in ESS. Not industry revenue or market value. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!I8
Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price.
10,213 LKR per metric tonne 2019-01-01 to 2019-12-31 · observation · not-stated Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!I9
Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied.
11,965 LKR per metric tonne 2019-01-01 to 2019-12-31 · observation · not-stated Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!I10
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
3,937,000 metric tonnes 2020-01-01 to 2020-12-31 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!J5
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
3,252,000 metric tonnes 2020-01-01 to 2020-12-31 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!J7
Nominal value of cement imports reported in ESS. Not industry revenue or market value.
31,982,000,000 LKR 2020-01-01 to 2020-12-31 · observation · not-stated Nominal value of cement imports reported in ESS. Not industry revenue or market value. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!J8
Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price.
9,834 LKR per metric tonne 2020-01-01 to 2020-12-31 · observation · not-stated Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!J9
Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied.
11,657 LKR per metric tonne 2020-01-01 to 2020-12-31 · observation · not-stated Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!J10
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
4,396,000 metric tonnes 2021-01-01 to 2021-12-31 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!K5
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
2,732,000 metric tonnes 2021-01-01 to 2021-12-31 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!K7
Nominal value of cement imports reported in ESS. Not industry revenue or market value.
28,777,000,000 LKR 2021-01-01 to 2021-12-31 · observation · not-stated Nominal value of cement imports reported in ESS. Not industry revenue or market value. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!K8
Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price.
10,535 LKR per metric tonne 2021-01-01 to 2021-12-31 · observation · not-stated Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!K9
Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied.
13,053 LKR per metric tonne 2021-01-01 to 2021-12-31 · observation · not-stated Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!K10
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
3,156,000 metric tonnes 2022-01-01 to 2022-12-31 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!L5
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
1,410,000 metric tonnes 2022-01-01 to 2022-12-31 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!L7
Nominal value of cement imports reported in ESS. Not industry revenue or market value.
27,248,000,000 LKR 2022-01-01 to 2022-12-31 · observation · not-stated Nominal value of cement imports reported in ESS. Not industry revenue or market value. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!L8
Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price.
19,324 LKR per metric tonne 2022-01-01 to 2022-12-31 · observation · not-stated Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!L9
Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied.
33,060 LKR per metric tonne 2022-01-01 to 2022-12-31 · observation · not-stated Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!L10
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
2,678,000 metric tonnes 2023-01-01 to 2023-12-31 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!M5
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
966,000 metric tonnes 2023-01-01 to 2023-12-31 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!M7
Nominal value of cement imports reported in ESS. Not industry revenue or market value.
21,069,000,000 LKR 2023-01-01 to 2023-12-31 · observation · not-stated Nominal value of cement imports reported in ESS. Not industry revenue or market value. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!M8
Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price.
21,800 LKR per metric tonne 2023-01-01 to 2023-12-31 · observation · not-stated Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!M9
Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied.
27,309 LKR per metric tonne 2023-01-01 to 2023-12-31 · observation · not-stated Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!M10
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
3,509,000 metric tonnes 2024-01-01 to 2024-12-31 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!N5
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
893,000 metric tonnes 2024-01-01 to 2024-12-31 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!N7
Nominal value of cement imports reported in ESS. Not industry revenue or market value.
15,908,000,000 LKR 2024-01-01 to 2024-12-31 · observation · not-stated Nominal value of cement imports reported in ESS. Not industry revenue or market value. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!N8
Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price.
17,822 LKR per metric tonne 2024-01-01 to 2024-12-31 · observation · not-stated Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!N9
Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied.
20,512.344798 LKR per metric tonne 2024-01-01 to 2024-12-31 · observation · not-stated Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!N10
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
4,204,000 metric tonnes 2025-01-01 to 2025-12-31 · observation · preliminary Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!O5
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
767,137.653 metric tonnes 2025-01-01 to 2025-12-31 · observation · preliminary Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!O7
Nominal value of cement imports reported in ESS. Not industry revenue or market value.
13,134,832,394 LKR 2025-01-01 to 2025-12-31 · observation · preliminary Nominal value of cement imports reported in ESS. Not industry revenue or market value. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!O8
Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price.
17,121.8716 LKR per metric tonne 2025-01-01 to 2025-12-31 · observation · preliminary Nominal CIF import unit value. Shipment/product mix can change. Not an ex-factory or retail selling price. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!O9
Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied.
19,481.382332 LKR per metric tonne 2025-01-01 to 2025-12-31 · observation · preliminary Nominal annual-average ex-factory cement price. Not the current retail bag price; no quality adjustment or deflator applied. Source numeric precision retained; displayed digits are not a claim of statistical accuracy. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement · Table 1.38!O10
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
3,509,000 metric tonnes 2024-01-01 to 2024-12-31 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, January 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, production, 2024
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
943,000 metric tonnes 2024-01-01 to 2024-12-31 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, January 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, imports, 2024
CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed.
4,452,000 metric tonnes 2024-01-01 to 2024-12-31 · observation · not-stated CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, January 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, total, 2024
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
4,204,000 metric tonnes 2025-01-01 to 2025-12-31 · observation · preliminary Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, January 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, production, 2025
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
767,000 metric tonnes 2025-01-01 to 2025-12-31 · observation · preliminary Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, January 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, imports, 2025
CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed.
4,971,000 metric tonnes 2025-01-01 to 2025-12-31 · observation · preliminary CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, January 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, total, 2025
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
1,574,000 metric tonnes 2025-01-01 to 2025-05-31 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, June 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, production, 2025 Jan–May
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
315,000 metric tonnes 2025-01-01 to 2025-05-31 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, June 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, imports, 2025 Jan–May
CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed.
1,889,000 metric tonnes 2025-01-01 to 2025-05-31 · observation · not-stated CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, June 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, total, 2025 Jan–May
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
2,007,000 metric tonnes 2026-01-01 to 2026-05-31 · observation · preliminary Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, June 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, production, 2026 Jan–May
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
289,000 metric tonnes 2026-01-01 to 2026-05-31 · observation · preliminary Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, June 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, imports, 2026 Jan–May
CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed.
2,296,000 metric tonnes 2026-01-01 to 2026-05-31 · observation · preliminary CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, June 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, total, 2026 Jan–May
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
1,926,000 metric tonnes 2025-01-01 to 2025-06-30 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, production, 2025 Jan–June
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
387,000 metric tonnes 2025-01-01 to 2025-06-30 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, imports, 2025 Jan–June
CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed.
2,313,000 metric tonnes 2025-01-01 to 2025-06-30 · observation · not-stated CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, total, 2025 Jan–June
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
2,363,000 metric tonnes 2026-01-01 to 2026-06-30 · observation · preliminary Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, production, 2026 Jan–June
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
341,000 metric tonnes 2026-01-01 to 2026-06-30 · observation · preliminary Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, imports, 2026 Jan–June
CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed.
2,704,000 metric tonnes 2026-01-01 to 2026-06-30 · observation · preliminary CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, total, 2026 Jan–June
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
353,000 metric tonnes 2025-06-01 to 2025-06-30 · observation · not-stated Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, production, 2025 June
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
72,000 metric tonnes 2025-06-01 to 2025-06-30 · observation · not-stated Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, imports, 2025 June
CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed.
425,000 metric tonnes 2025-06-01 to 2025-06-30 · observation · not-stated CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, total, 2025 June
Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production.
357,000 metric tonnes 2026-06-01 to 2026-06-30 · observation · preliminary Cement produced or ground in Sri Lanka. Imported clinker may be embodied in local production. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, production, 2026 June
Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here.
51,000 metric tonnes 2026-06-01 to 2026-06-30 · observation · preliminary Cement imports as labelled by CBSL. Kept separate from local output; no clinker-import series is available here. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, imports, 2026 June
CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed.
408,000 metric tonnes 2026-06-01 to 2026-06-30 · observation · preliminary CBSL-reported local production plus direct imports. Availability proxy; exports and stock movements are not observed. Quantities rounded in source; do not infer missing monthly values from differences between vintages. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, total, 2026 June
Source-reported year-on-year local production growth; may use unrounded underlying inputs.
19.8 percent 2025-01-01 to 2025-12-31 · observation · preliminary Source-reported year-on-year local production growth; may use unrounded underlying inputs. Source-reported growth is retained separately from growth computed from rounded displayed quantities. Monthly Economic Indicators, January 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, production Y-o-Y Change column, 2025
Source-reported year-on-year direct cement import growth; may use unrounded underlying inputs.
-18.6 percent 2025-01-01 to 2025-12-31 · observation · preliminary Source-reported year-on-year direct cement import growth; may use unrounded underlying inputs. Source-reported growth is retained separately from growth computed from rounded displayed quantities. Monthly Economic Indicators, January 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, imports Y-o-Y Change column, 2025
Source-reported year-on-year total cement availability growth; may use unrounded underlying inputs.
11.7 percent 2025-01-01 to 2025-12-31 · observation · preliminary Source-reported year-on-year total cement availability growth; may use unrounded underlying inputs. Source-reported growth is retained separately from growth computed from rounded displayed quantities. Monthly Economic Indicators, January 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, total Y-o-Y Change column, 2025
Source-reported year-on-year local production growth; may use unrounded underlying inputs.
27.5 percent 2026-01-01 to 2026-05-31 · observation · preliminary Source-reported year-on-year local production growth; may use unrounded underlying inputs. Source-reported growth is retained separately from growth computed from rounded displayed quantities. Monthly Economic Indicators, June 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, production Y-o-Y Change column, 2026 Jan–May
Source-reported year-on-year direct cement import growth; may use unrounded underlying inputs.
-8.1 percent 2026-01-01 to 2026-05-31 · observation · preliminary Source-reported year-on-year direct cement import growth; may use unrounded underlying inputs. Source-reported growth is retained separately from growth computed from rounded displayed quantities. Monthly Economic Indicators, June 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, imports Y-o-Y Change column, 2026 Jan–May
Source-reported year-on-year total cement availability growth; may use unrounded underlying inputs.
21.6 percent 2026-01-01 to 2026-05-31 · observation · preliminary Source-reported year-on-year total cement availability growth; may use unrounded underlying inputs. Source-reported growth is retained separately from growth computed from rounded displayed quantities. Monthly Economic Indicators, June 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, total Y-o-Y Change column, 2026 Jan–May
Source-reported year-on-year local production growth; may use unrounded underlying inputs.
22.7 percent 2026-01-01 to 2026-06-30 · observation · preliminary Source-reported year-on-year local production growth; may use unrounded underlying inputs. Source-reported growth is retained separately from growth computed from rounded displayed quantities. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, production Y-o-Y Change column, 2026 Jan–June
Source-reported year-on-year direct cement import growth; may use unrounded underlying inputs.
-11.9 percent 2026-01-01 to 2026-06-30 · observation · preliminary Source-reported year-on-year direct cement import growth; may use unrounded underlying inputs. Source-reported growth is retained separately from growth computed from rounded displayed quantities. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, imports Y-o-Y Change column, 2026 Jan–June
Source-reported year-on-year total cement availability growth; may use unrounded underlying inputs.
16.9 percent 2026-01-01 to 2026-06-30 · observation · preliminary Source-reported year-on-year total cement availability growth; may use unrounded underlying inputs. Source-reported growth is retained separately from growth computed from rounded displayed quantities. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, total Y-o-Y Change column, 2026 Jan–June
Source-reported year-on-year local production growth; may use unrounded underlying inputs.
1.2 percent 2026-06-01 to 2026-06-30 · observation · preliminary Source-reported year-on-year local production growth; may use unrounded underlying inputs. Source-reported growth is retained separately from growth computed from rounded displayed quantities. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, production Y-o-Y Change column, 2026 June
Source-reported year-on-year direct cement import growth; may use unrounded underlying inputs.
-28.6 percent 2026-06-01 to 2026-06-30 · observation · preliminary Source-reported year-on-year direct cement import growth; may use unrounded underlying inputs. Source-reported growth is retained separately from growth computed from rounded displayed quantities. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, imports Y-o-Y Change column, 2026 June
Source-reported year-on-year total cement availability growth; may use unrounded underlying inputs.
-3.8 percent 2026-06-01 to 2026-06-30 · observation · preliminary Source-reported year-on-year total cement availability growth; may use unrounded underlying inputs. Source-reported growth is retained separately from growth computed from rounded displayed quantities. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions · Printed p4 / PDF p7, Table 8, total Y-o-Y Change column, 2026 June
Revenue of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
61,010,848,909 LKR 2025-04-01 to 2026-03-31 · observation · not-stated Revenue of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Revenue of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
50,095,897,405 LKR 2024-04-01 to 2025-03-31 · observation · not-stated Revenue of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Cost of sales of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
42,581,219,024 LKR 2025-04-01 to 2026-03-31 · observation · not-stated Cost of sales of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Cost of sales of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
33,159,361,287 LKR 2024-04-01 to 2025-03-31 · observation · not-stated Cost of sales of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Gross profit of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
18,429,629,885 LKR 2025-04-01 to 2026-03-31 · observation · not-stated Gross profit of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Gross profit of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
16,936,536,118 LKR 2024-04-01 to 2025-03-31 · observation · not-stated Gross profit of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Operating profit of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
4,748,158,388 LKR 2025-04-01 to 2026-03-31 · observation · not-stated Operating profit of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Operating profit of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
5,400,969,328 LKR 2024-04-01 to 2025-03-31 · observation · not-stated Operating profit of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Finance cost of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
1,549,893,963 LKR 2025-04-01 to 2026-03-31 · observation · not-stated Finance cost of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Finance cost of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
1,046,651,370 LKR 2024-04-01 to 2025-03-31 · observation · not-stated Finance cost of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Pretax profit of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
3,692,785,977 LKR 2025-04-01 to 2026-03-31 · observation · not-stated Pretax profit of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Pretax profit of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
4,767,819,612 LKR 2024-04-01 to 2025-03-31 · observation · not-stated Pretax profit of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Tax expense of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
1,112,788,283 LKR 2025-04-01 to 2026-03-31 · observation · not-stated Tax expense of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Tax expense of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
1,308,617,117 LKR 2024-04-01 to 2025-03-31 · observation · not-stated Tax expense of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Profit after tax of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
2,579,997,694 LKR 2025-04-01 to 2026-03-31 · observation · not-stated Profit after tax of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Profit after tax of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
3,459,202,495 LKR 2024-04-01 to 2025-03-31 · observation · not-stated Profit after tax of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p124 / PDF p126, Group statement of profit or loss
Operating cashflow of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
1,399,583,875 LKR 2025-04-01 to 2026-03-31 · observation · not-stated Operating cashflow of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p127 / PDF p129, Group statement of cash flows
Operating cashflow of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
4,919,216,798 LKR 2024-04-01 to 2025-03-31 · observation · not-stated Operating cashflow of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p127 / PDF p129, Group statement of cash flows
Cash generated operations of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
3,708,096,905 LKR 2025-04-01 to 2026-03-31 · observation · not-stated Cash generated operations of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p127 / PDF p129, Group statement of cash flows
Cash generated operations of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand.
6,899,244,838 LKR 2024-04-01 to 2025-03-31 · observation · not-stated Cash generated operations of Tokyo Cement Group, using the same issuer and reporting perimeter for each paired comparison. Annual values are LKR; quarterly values LKR thousand. Group scope, not national cement revenue or a pure cement-product segment. Currency units differ between annual and quarterly source statements; do not sum periods or units. Annual Report 2025/26 · Printed p127 / PDF p129, Group statement of cash flows
Framework coverage
ModuleCoverageEvidence limitation
E0 · Identity, decision use and market boundarycompleteSee the module analysis.
E1 · Market baseline and developmentpartialUse the supported dated observations and conditional mechanisms only; wider unmeasured inferences are excluded.
E2 · MacroenvironmentpartialUse the supported dated observations and conditional mechanisms only; wider unmeasured inferences are excluded.
E3 · Policy, regulation and stakeholderspartialUse the supported dated observations and conditional mechanisms only; wider unmeasured inferences are excluded.
E4 · Industry structure and economicspartialUse the supported dated observations and conditional mechanisms only; wider unmeasured inferences are excluded.
E5 · Customers, segments and demandpartialUse the supported dated observations and conditional mechanisms only; wider unmeasured inferences are excluded.
E6 · Routes to market, suppliers and partnerspartialUse the supported dated observations and conditional mechanisms only; wider unmeasured inferences are excluded.
E7 · Competition, alternatives and positioningpartialUse the supported dated observations and conditional mechanisms only; wider unmeasured inferences are excluded.
E8 · Innovation, technology and transitionpartialUse the supported dated observations and conditional mechanisms only; wider unmeasured inferences are excluded.
E9 · Outlook, uncertainty and scenariospartialUse the supported dated observations and conditional mechanisms only; wider unmeasured inferences are excluded.
E10 · Opportunities, threats and critical success factorspartialUse the supported dated observations and conditional mechanisms only; wider unmeasured inferences are excluded.
E11 · Limitations, monitoring and reviewcompleteSee the module analysis.
Material evidence limitations
  • Prohibits conversion to final consumption, operator margins, current bag prices or national company shares without missing inputs.
  • Keep both observations and source-specific growth denominators; do not average or silently splice.
  • No company share, causal profitability attribution or cross-company utilisation ranking.
  • No individual permit, product compliance, current lifecycle carbon or realised policy-outcome verdict.
  • No quantified forecasts, success-factor ranking or recommended investment returns.
Conclusions this evidence cannot support
  • Final end-use consumption without export and inventory adjustments
  • National company market shares, ownership concentration or utilisation from unlike capacity and revenue scopes
  • Current retail bag prices or operator margins from annual ex-factory/CIF averages
  • Real price changes or causal exchange-rate/energy effects without suitable deflation and identification
  • A2026 national clinker mass balance or full lifecycle footprint from a 2021 process inventory
  • Product quality, individual compliance or buyer preference rankings without applicable direct evidence
  • Numerical demand forecasts, scenario probabilities, causal critical-success-factor weights or investment recommendations
On this page

Sri Lanka’s cement supply has recovered from its 2023 trough, but the market remains substantially smaller than before the pandemic and economic crisis. Local production plus finished-cement imports reached 4.971 million tonnes in 2025, 36.4% above 2023 and 38.8% below 2019. The recovery has also changed the supply mix: local production exceeded its 2019 level, while finished imports were less than one-sixth of their earlier volume. A growing domestic-production share therefore describes a combination of industrial recovery and a much smaller import channel; it does not establish self-sufficiency in clinker or other inputs.

The latest comparable-period evidence continues that recovery but qualifies its pace. Supply rose 16.9% in January–June 2026, while June alone was 3.8% lower than a year earlier. Annual-average cement price measures have fallen from their crisis peaks, yet remain well above 2019 in nominal rupees. These results favour an account of incomplete recovery, changing sourcing and continuing cost exposure, rather than a market-size forecast derived from one strong growth rate.

Evidence cut-off: 22 September 2026. The annual panel covers 2013–2025; the latest verified monthly cement table covers January–June 2026. Annual statistics, partial-year volumes, construction value added and company financial years retain their separate periods and definitions. Values for 2025 and the latest monthly observations are provisional where marked by their sources.

Recovery remains far below the earlier market

The Central Bank of Sri Lanka’s Economic and Social Statistics 2026 provides a continuous annual series of local production and cement imports from 2013 to 2025. Adding the two quantities gives a transparent availability proxy. It does not adjust for exports or changes in stocks and therefore cannot measure final consumption exactly. The following selected years show the trajectory; the downloadable dataset retains every annual observation.

Calendar yearLocal production, million tonnesFinished imports, million tonnesProduction plus imports, million tonnes
20131.9104.1236.033
20172.8195.6768.495
20193.3974.7248.121
20214.3962.7327.128
20223.1561.4104.566
20232.6780.9663.644
20243.5090.8934.402
2025 provisional4.2040.7674.971
Local production and finished cement imports, 2013–2025. Their sum fell from 8.121 million tonnes in 2019 to 3.644 million in 2023, then recovered to 4.971 million in 2025. This availability proxy excludes adjustments for exports and stock changes; 2025 is provisional.

Figure 1. Sri Lanka cement supply, 2013–2025

Source: CBSL Economic and Social Statistics 2026, Table 1.38, rows 5 and 7; sums and unit conversion calculated from the source values. The table displays three decimal places; calculations retain the original precision. View Figure 1: the complete supply path and download the source-linked observations.

Open full-size figure (SVG) · Download source observations (CSV) · Original edition figure (SVG)

Scroll horizontally when needed, or open the full-size figure. The source observations are available as CSV.

Using 2019 as the last full calendar year before the pandemic gives an 8.121-million-tonne comparator. It is not a selectively chosen peak: the series reached 8.495 million tonnes in 2017, and the 2025 level remained 41.5% below that observation. Supply was already below 2019 in 2020 and 2021, before the sharper contraction in 2022–2023. The subsequent increase from 3.644 million to 4.971 million tonnes restored only 29.6% of the quantity lost between 2019 and 2023. Strong growth from the trough and a large remaining shortfall are therefore compatible findings.

These comparisons describe physical availability. They do not identify the contribution of particular infrastructure projects, housing construction, inventories or exports. Construction activity provides context for interpreting the recovery, but it is a separate measure with its own accounting boundary.

Local production leads a different supply mix

Local production accounted for 41.8% of production plus finished imports in 2019 and 84.6% in 2025. The arithmetic behind that shift is more informative than the percentage alone.

ComparisonChange in local production, million tonnesChange in finished imports, million tonnesNet supply change, million tonnes
2019 to 2025+0.807-3.957-3.150
2023 to 2025+1.526-0.199+1.327
Between 2019 and 2025, local production rose by 0.807 million tonnes while imports fell by 3.957 million. Between 2023 and 2025, production rose by 1.526 million and imports fell by 0.199 million, giving a 1.327-million-tonne recovery. These are accounting contributions, not causal effects; 2025 is provisional.

Figure 2. Contributions to Sri Lanka cement supply changes

Original calculations from the same CBSL annual vintage. These are additive accounting contributions, not estimated causal effects. View Figure 2: recovery contributions and the calculation record.

Open full-size figure (SVG) · Download source observations (CSV) · Original edition figure (SVG)

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Between 2019 and 2025, local production increased 23.8%, while finished imports fell 83.8%. The additional 807,000 tonnes of local production offset part of the 3.957-million-tonne reduction in imports. From the 2023 trough, local production supplied the entire net recovery and also offset a further decline in finished imports. This establishes where the measured volume increase occurred; it does not show whether policy, exchange rates, plant investment or commercial decisions caused it.

The larger production share should also be read against the production series itself. Output of 4.204 million tonnes in 2025 remained 4.4% below the 2021 observation of 4.396 million tonnes. The highest production share in this 2013–2025 panel is therefore not equivalent to its highest output. Nor is locally produced cement necessarily made from locally produced clinker. Grinding imported clinker into cement shifts activity into domestic production while preserving exposure to foreign currency, freight and upstream supply conditions.

Why two official vintages give different growth rates

The annual workbook records 893,000 tonnes of imports in 2024. The January 2026 Monthly Economic Indicators table records 943,000 tonnes for the same year. Both record local production of 3.509 million tonnes. Their supply sums consequently differ by 50,000 tonnes.

Source vintage2024 imports, thousand tonnes2024 production plus imports, thousand tonnes2025 comparison
January 2026 Monthly Economic Indicators9434,452Published growth: 11.7%
Economic and Social Statistics 20268934,402Calculated growth: 12.93%

Sources: CBSL January 2026 MEI, Table 8, printed p4 and ESS 2026, Table 1.38. The ESS calculation uses its unrounded 2025 import quantity of 767.137653 thousand tonnes. The vintage ledger preserves both observations and their scopes.

The earlier edition’s 11.7% figure correctly reflected its stated January MEI source. This edition uses the ESS workbook consistently for the longer annual panel, giving 12.93% growth in 2025 on that vintage. No verified source explanation for the 50,000-tonne difference was established. The values are therefore retained as a source-vintage discrepancy; they are neither averaged nor presented as a transcription error in the earlier report. The broad recovery conclusion is unchanged, but the annual growth denominator matters for reproducible comparison.

First-half growth contrasts with a weaker June

The July 2026 MEI, the newest release linked from the CBSL index when checked, extends the comparable cement observations through June. Its first-half figures show local production driving growth while finished imports continued to fall.

MeasureJanuary–June 2025, thousand tonnesJanuary–June 2026, thousand tonnesPublished change
Local production1,9262,363+22.7%
Finished imports387341-11.9%
Production plus imports2,3132,704+16.9%

Source: CBSL July 2026 MEI, Table 8, printed p4. Provisional observations; published changes may reflect unrounded source inputs. They are retained separately from calculations using the displayed quantities.

June’s supply of 408,000 tonnes was below the 425,000 tonnes recorded a year earlier. Local production increased only 1.2%, while imports fell 28.6%, producing a 3.8% decline in the published total. This is material counterevidence to a uniformly accelerating recovery. A single month cannot establish a new trend, but it shows why the first-half increase should not be extrapolated into an annual forecast or doubled to estimate full-year supply. The June and half-year figures also belong to one monthly vintage; subtracting totals from different releases would risk mixing revisions with genuine monthly change.

Construction activity supports demand, with delivery constraints

Official construction output supports the finding of recovery beyond the cement series. Real construction value added grew 20.1% in 2024 and 9.2% in 2025 in the DCS annual vintage. The latest quarterly estimates show year-on-year growth of 16.3% in Q1 2026 and 13.9% in Q2. The second quarter also recorded 17.4% growth in mining and quarrying and 13.1% in other non-metallic mineral manufacturing. Those sectors include activities beyond cement, and their value added cannot be added to cement tonnage or treated as cement sales. DCS annual constant-price series; quarterly constant-price series, construction row; Q2 2026 national accounts release, p3.

The July Construction Purchasing Managers’ Index (PMI) offers a later signal from about 35 highly graded local contractors. Its activity index increased from 60.0 in June to 61.4 in July, with new orders at 57.1 and employment at 61.8. Values above 50 indicate the breadth of monthly expansion among respondents; 61.4 does not mean output grew by 61.4% or 11.4%. Respondents reported continuing work alongside skilled-labour shortages, restricted bitumen supply and elevated material prices. CBSL July 2026 Construction PMI, released 31 August.

The sources describe a recovering project pipeline whose execution still faces constraints. Cement demand depends on projects reaching the stages that consume cement, with labour, finance and complementary materials available. A positive contractor survey and a weak individual cement month can therefore coexist without contradiction: the measures cover different populations, time intervals and stages of activity. Neither identifies national order backlogs or a causal relationship between a named project and recorded cement supply.

Prices have eased, but remain above 2019

Two official annual series describe different stages of the market: the cost, insurance and freight (CIF) unit value of imports, and the annual-average ex-factory price. Both are expressed in nominal rupees per tonne. Neither is a current retail quotation for a 50-kilogram bag, and their difference is not a producer or dealer margin.

YearCIF import unit value, Rs per tonneAnnual-average ex-factory price, Rs per tonne
201910,21311,965
202110,53513,053
202219,32433,060
202321,80027,309
202417,82220,512
2025 provisional17,12219,481
Separate nominal rupee-per-tonne series for 2013–2025. The CIF import unit value peaked at 21,800 in 2023 and fell to 17,122 in 2025; the ex-factory annual average peaked at 33,060 in 2022 and fell to 19,481. These are not retail bag prices, and their difference is not a margin; 2025 is provisional.

Figure 3. Sri Lanka cement price series, 2013–2025

Source: CBSL ESS 2026, Table 1.38, rows 9 and 10; whole-rupee display rounding. View Figure 3: the separately defined price series.

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The annual-average ex-factory measure fell 41.1% from its 2022 peak to 2025, but remained 62.8% above 2019. The CIF measure peaked a year later, in 2023; by 2025 it had fallen 21.5%, while remaining 67.6% above 2019. Describing prices simply as falling would miss the large difference between the current level and the pre-crisis comparator.

These are nominal comparisons. No claim is made about inflation-adjusted cement affordability, a fixed-quality basket or the price faced by every purchaser. Import unit values can change with product composition and transaction terms, while an annual factory average omits the date, location and purchasing conditions of a retail or project transaction. Currency, energy and freight offer plausible cost channels, but this descriptive panel does not estimate their separate effects on cement prices.

How cement reaches a construction site

Local cement production spans two different upstream arrangements: making clinker from quarried minerals, and grinding cement using clinker obtained elsewhere. INSEE describes its Puttalam operation as a chain from limestone extraction and railway transport through kiln processing, clinker storage, grinding with gypsum and mineral additions, and dispatch in bulk tankers or 50 kg bags. The company identifies coal as its principal kiln fuel. These distinctions explain why replacing finished-cement imports with local output does not remove exposure to imported inputs or shipping. It changes where processing takes place. INSEE production process.

Ports and delivery arrangements connect that industrial process to customers. INSEE describes using larger vessels and smaller coastal barges, alongside unloading through Colombo or Hambantota, to work around Galle’s vessel constraints. Its logistics centres support both delivery and customer pickup. Tokyo Cement reports that its coastal vessel connects Trincomalee production with its Colombo terminal and depot network. These are concrete examples of firms combining sea transport, storage and road distribution to reach projects and dealers. The descriptions establish reported service arrangements; they do not measure national channel shares or independently establish delivery reliability. INSEE logistics; Tokyo annual report, pp.55–56.

For a buyer, the usable alternative is therefore a specified product delivered in the required form and quantity. A homebuilding purchase through a dealer and bulk delivery to a project have different transport, handling and scheduling requirements. Comparing bag labels alone misses that distinction. The evidence supports examining delivered cost, product specification and supply reliability together; it does not establish the relative bargaining power of all dealers, contractors or households.

Product choice and competition

The producer pages show genuine formulation choices within the market. The examples below were selected from the public product catalogues of Tokyo Cement and INSEE to illustrate that choice. They are neither an exhaustive brand list nor a quality or price ranking.

Producer productStated formulationStated strength class and standard familyWhat the observation establishes
Tokyo Super OPCOrdinary Portland cement42.5 R; SLS 107An advertised general-purpose cement option
Tokyo Super BHCBlended hydraulic cement42.5 R; SLS 1247A distinct blended product, marketed for applications including aggressive environments and mass concrete
INSEE SansthaPortland-composite cement42.5 N/R; SLS 1697A composite formulation; the producer states replacement of up to 35% of clinker

Sources: Tokyo product descriptions and INSEE Sanstha fact file, observed 22 September 2026. Specifications and performance statements are the producers’ descriptions. They do not substitute for the engineer’s design, the relevant current standard or product testing. No current retail quotation is inferred from these pages.

Competition combines product suitability with distribution reach and the ability to carry available capacity. Tokyo reports annual manufacturing capacity of 4 million tonnes and says it was not fully utilised in its June-quarter review. INSEE’s undated company profile reports more than 3.1 million tonnes of local capacity across its facilities. These statements demonstrate substantial established operations, but their reporting dates and boundaries do not provide a consistent denominator for national utilisation or operator shares. Tokyo’s own estimates of industry consumption and capacity are company estimates and remain separate from the official supply panel. Tokyo Q1 release, p.2; INSEE company profile.

The competitive implications are conditional. Spare capacity gives established firms room to meet rising orders without equivalent new plant investment, while importers provide a different sourcing route. Both still need functioning logistics and products that meet customer requirements. Alternative binders and blends can change clinker requirements; ready-mix concrete remains a downstream use of cement rather than an independent measure of cement supply. Capital requirements and environmental permissions constrain entry, but they do not guarantee incumbents profitable prices.

Higher sales, different profit pressures

Group measureFY2024/25FY2025/26April–June 2025April–June 2026
Revenue, Rs bn50.09661.01112.54415.836
Gross margin33.81%30.21%31.03%31.64%
Operating profit, Rs bn5.4014.7481.0651.153
Profit before tax, Rs bn4.7683.6930.8570.899
Tax charge, Rs bn1.3091.1130.1880.263
Profit after tax, Rs bn3.4592.5800.6680.635

Nominal group figures; financial years end on 31 March. The three-month observations are provisional. Source statements use rupees for annual values and thousands of rupees for quarterly values; this table converts both to billions and rounds to three decimals. Gross margins are calculated from the corresponding unrounded statements. Sources: annual report, p124 and June 2026 interim group statement, p3.

Tokyo Cement’s accounts show that recovering activity can coexist with weaker returns. Group revenue rose 21.8% to Rs61.011 billion in the year ended 31 March 2026, but gross margin declined from 33.81% to 30.21%. Operating profit fell 12.1%, and profit after tax fell 25.4% to Rs2.580 billion. Net operating cash flow also declined, from Rs4.919 billion to Rs1.400 billion; the cash-flow statement records larger inventory and receivables commitments. These are nominal group figures covering cement and other businesses, including ready-mix concrete, aggregate and power. Annual report, pp.124,127,129.

Management reported 28% cement sales-volume growth and attributed pressure to input and freight costs, competitive pricing, and increased depreciation and finance expenses following investment. That explanation is consistent with the annual reduction in margins, but the next quarter requires a more precise reading. FY2025/26 release, p.1.

In April–June 2026, group revenue increased 26.3% and gross margin improved from 31.03% to 31.64%. Operating profit rose 8.2%, although its margin narrowed. Profit before tax increased by Rs41.947 million, while the tax charge increased by Rs75.060 million. The difference reconciles exactly to the Rs33.113 million fall in profit after tax. Thus lower after-tax earnings in this quarter cannot be described simply as a deterioration in gross profitability caused by imported costs. The filing does not explain the reason for the higher tax charge in sufficient detail to assign a cause. Provisional June 2026 interim report, group statement, p.3.

The company case supports judging the recovery through volumes, margins and cash generation together. It cannot establish a sector-wide profit margin or a representative cement price.

Quality, environmental obligations and lower-clinker products

Cement formulations face both performance requirements and environmental constraints. The SLSI catalogue distinguishes ordinary Portland, blended hydraulic, Portland limestone and Portland-composite cement. Its summaries cover composition, strength and other physical and chemical properties, packaging and marking. They establish the standards framework rather than the compliance of every product on sale. SLSI catalogue, pp.17,182,184,300.

Environmental oversight extends beyond integrated kilns. The CEA’s prescribed-project list includes cement manufacture through clinker production for environmental assessment, subject to the applicable project and location rules. Separately, the 2022 environmental licensing order covers cement industries engaged in clinker grinding, manufacturing or repacking. A grinding or packing route therefore does not remove the operating licence requirement. These legal provisions say what approvals apply, not whether a particular plant complies. CEA prescribed projects, item 27; Gazette 2264/18, Schedule A item 22.

Lower clinker content addresses a specific source of emissions. Sri Lanka’s 2024 transparency report records 712,763 tonnes of local clinker and an estimated 370.64 Gg of process carbon dioxide in 2021. This is a historical process inventory, not the present industry’s full footprint: fuel, electricity, transport and imported clinker require different accounting boundaries. BTR, p.13 and Annex 9 pp.186–187.

The NDC 3.0 industry measures seek further clinker substitution and low-carbon cement standards. INSEE’s advertised composite formulation and Tokyo’s reported use of local supplementary cementitious materials show producer responses in the same direction. Their contribution depends on actual clinker factors, material availability and verified performance; a formulation claim or a policy intention cannot quantify the national emissions reduction already achieved. NDC 3.0, p.27; Tokyo annual report, p.56.

Outlook: recovery depends on execution and cash generation

As assessed on 22 September 2026, the evidence supports continued recovery as a conditional pathway, with a substantial gap to earlier supply levels. Construction output, contractor orders and first-half cement volumes are expanding, but the weak June observation and mixed producer earnings rule out a simple straight-line projection. Through the next two reporting quarters, four conditions provide useful tests of whether recovery is becoming more durable.

ConditionEconomic significanceObservation that strengthens or weakens the assessment
Orders turn into completed workLabour, finance and complementary materials determine when projects consume cementComparable-period cement volumes alongside construction output, contractor activity and input constraints
Delivery remains dependableTerminals, transport and stocks connect plant output to usable customer supplyDisclosed delivery performance, supply interruptions and inventory commitments; channel presence alone is insufficient
Volume produces cash and operating returnsSpare capacity can meet orders, while discounting, finance costs and working capital affect returnsMatched-period group or segment margins, receivables, inventories and operating cash flow, without relabelling them national measures
Products meet performance and environmental requirementsLower-clinker formulations depend on suitable materials, verified performance and operating permissionsProduct-specific testing, disclosed clinker factors and consistently bounded emissions; policy intentions alone do not establish achievement

These are analytical conditions, not a ranked success-factor score or a numerical forecast. Recovery can continue while profitability remains uneven, and the shift towards local production can coexist with upstream import dependence. The next observations should test those propositions rather than assume that increasing domestic share has already resolved cost or supply risks.

The next scheduled official checkpoints are the August Construction PMI and the DCS 2025 annual national-accounts report on 30 September 2026, followed by Q3 production-side national accounts on 15 December 2026. Check the next actually published MEI for comparable cement quantities and the next accessible producer results for margins and cash conversion; no unverified publication date is assigned to either. CBSL release calendar; DCS release calendar.

Data, definitions and reproducible methods

The audit examines cement supplied to Sri Lanka through local production and direct imports, with upstream clinker and downstream construction as explanatory context. It does not estimate a monetary national market, company shares or final consumption. Its 2013–2025 annual panel uses one CBSL ESS vintage throughout. The production-plus-imports sum, percentage changes, component differences and production shares are calculated from retained source values before presentation rounding. The 2019 comparator precedes the pandemic; the full annual path also exposes the 2017 peak and 2023 trough.

The latest MEI comparisons retain their own periods and source-reported growth rates. Annual DCS data and the newer quarterly vintage remain separately identified; a revised webpage date does not make every linked workbook newly revised. Financial comparisons use Tokyo Cement’s group statements and matched financial periods. Annual source values are in rupees and quarterly values in thousands of rupees. Margins divide the corresponding profit by revenue; changes in margins use percentage points. Company industry estimates, including calendar-2025 consumption of 5.29 million tonnes against 4.56 million in 2024, are not substituted for the official availability series. The report does not establish a reconciliation between those quantities. Tokyo annual report, pp38–39.

The public package contains the observation CSV, data dictionary, source-vintage ledger and calculation record. The three linked figures use the same annual observations. Source URLs, table or cell locators, periods, units and original precision support reuse; source reports retain their publishers’ rights.

National stock changes, finished-cement exports, current clinker imports, consistent producer shares and comparable plant utilisation remain outside the verified dataset. Producer product pages demonstrate advertised choices rather than independently tested performance, current certification or retail prices. The SLSI catalogue and INSEE product page use different year labels for SLS 1697; the comparison retains the standard family without claiming to resolve its current edition. No producer, dealer or customer survey was conducted.

Publication history and disclosures

First published on 23 June 2025. The 13 August 2026 revision replaced unsupported market-value, share and long-range forecast claims with dated evidence. This 22 September 2026 edition adds the long-run supply and price panel, recovery decomposition, source-vintage ledger, first-half 2026 context and a fuller company financial comparison. It preserves the earlier sourced annual-growth observation in the vintage record. The first public PDF, edition 1.1, accompanies this revision; the original publication identity and route are retained.

No external funding was received for this report or its 2026 update. The author has no disclosed commission, employment or sponsorship from the cement producers, importers, contractors or source publishers discussed. This is independent market analysis and is not an investment recommendation.

Future research

A consistently defined clinker-import series, finished-cement exports and stock movements would improve the supply account. Matched product and delivered-price observations across locations would clarify customer alternatives, while comparable utilisation and emissions disclosures would strengthen the assessment of capacity and lower-clinker production.

References

Numbered references correspond to the PDF edition. Descriptive links in the article identify the sources used for individual claims.

  1. Central Bank of Sri Lanka. Economic and Social Statistics of Sri Lanka 2026, Table 1.38: Cement. Table 1.38, C3:O10; footnotes A12:B13; sources A16:A20. Source ESS26. Accessed 2026-09-22. Publication date not established.
  2. Central Bank of Sri Lanka. Monthly Economic Indicators, January 2026, Table 8: Housing and Constructions. Printed p4 / PDF p7, Table 8, Cement. Source MEI2601. Accessed 2026-09-22. Publication date not established.
  3. Central Bank of Sri Lanka. Monthly Economic Indicators, July 2026, Table 8: Housing and Constructions. Printed p4 / PDF p7, Table 8, Cement. Source MEI2607. Accessed 2026-09-22. Publication date not established.
  4. Department of Census and Statistics. Annual time series of GDP at constant prices, 2010–2025. Constant row 38; % growth row 39; Share Con row 39. Source DCS26A. Internal workbook vintage: 2026-03-17; exact online publication date unverified. Accessed 2026-09-22.
  5. Department of Census and Statistics. 2026-09-15. Quarterly time series of GDP at constant prices, 2015–2026. Constant row 40, AR:AS and AV:AW; % growth row 40, BT:BU. Source DCS26Q2. Accessed 2026-09-22.
  6. Department of Census and Statistics. 2026-09-15. National Accounts Estimates of Sri Lanka, Second quarter 2026: Production approach. Printed p3, Performance in Industrial Activities. Source DCS26PRESS. Accessed 2026-09-22.
  7. Central Bank of Sri Lanka. 2026-08-31. Sri Lanka Purchasing Managers’ Index: Construction, July 2026. p1, Summary of the PMI–Construction Survey and Technical Note. Source PMI2607. Accessed 2026-09-22.
  8. Siam City Cement (Lanka) Limited. Production Process. Quarrying Raw material; Raw material processing; Preheating and pyro-processing; Cement grinding; Packing dispatch. Source insee-process. Accessed 2026-09-22. Publication date not established.
  9. Siam City Cement (Lanka) Limited. Logistics — INSEE Delivery. Hybrid logistics; Express Logistic Centre Network; Delivery and Pick Up Channels. Source insee-logistics. Accessed 2026-09-22. Publication date not established.
  10. Tokyo Cement Company (Lanka) PLC. Annual Report 2025/26. Printed pp.5,38–39,55–58,121–124,127,129,143; PDF pages printed+2. Source tokyo-ar2026. Accessed 2026-09-22. Publication date not established.
  11. Tokyo Cement Company (Lanka) PLC. Tokyo Super — Blended Hydraulic Cement and Ordinary Portland Cement. Blended Hydraulic Cement and Ordinary Portland Cement descriptions. Source tokyo-products. Accessed 2026-09-22. Publication date not established.
  12. Siam City Cement (Lanka) Limited. INSEE Sanstha — Portland Composite Cement. Introductory description; Fact File; Applications. Source insee-sanstha. Accessed 2026-09-22. Publication date not established.
  13. Tokyo Cement Company (Lanka) PLC. Tokyo Cement Posts Steady FY26/27 Q1 Performance Amid Gradual Market Recovery. pp.1–2; Quarterly Financial Review; final Outlook paragraph. Source tokyo-q1-release. Accessed 2026-09-22. Publication date not established.
  14. Siam City Cement (Lanka) Limited. Company Profile — INSEE Cement Sri Lanka. INSEE Cement Sri Lanka, paragraphs 1–3 and company ownership paragraph. Source insee-profile. Accessed 2026-09-22. Publication date not established.
  15. Tokyo Cement Company (Lanka) PLC. Interim financial report as at 30 June 2026. Printed p.3 of 11 (PDF page4), Group statement of profit or loss; notes printed p.9 (PDF10). Source tokyo-q12026. Accessed 2026-09-22. Publication date not established.
  16. Tokyo Cement Company (Lanka) PLC. Tokyo Cement posts strong FY2025/26 Q4 performance amidst intense cost pressures. p.1: FY2025/26 Financial Review and Economic Environment. Source tokyo-q4-release. Accessed 2026-09-22. Publication date not established.
  17. Sri Lanka Standards Institution. Sri Lanka Standards Catalogue 2023. Printed pp. 17 (SLS 107), 182 (SLS 1247), 184 (SLS 1253), 300 (SLS 1697); PDF page = printed + 1. Source slsi-catalogue. Accessed 2026-09-22. Publication date not established.
  18. Central Environmental Authority. Prescribed Projects. Part I item 27; Part II item 44; location qualifications; last updated 14 September 2023. Source cea-prescribed. Accessed 2026-09-22. Publication date not established.
  19. Government of Sri Lanka. 2022-01-27. Gazette Extraordinary No. 2264/18 — Order under Section 23A. p.1A order; Schedule Part A item 22 on p.2A. Source cea-epl2022. Accessed 2026-09-22.
  20. Ministry of Environment, Sri Lanka. First Biennial Transparency Report of Sri Lanka — 2024. Printed p.13 subsection1.3.3.3(A) (PDF36); Annex9 printedpp.186–187 (PDF209–210). Source sl-btr2024. Accessed 2026-09-22. Publication date not established.
  21. Government of Sri Lanka. 2025-09-22. Nationally Determined Contributions 3.0 (2026–2035). Printed p.27 (PDF36), Industry NDC 5 and 7. Source sl-ndc3. Accessed 2026-09-22.
  22. Central Bank of Sri Lanka. Advance Release Calendar 2026. Purchasing Managers’ Index (Construction) Press Releases: August 2026 row; Other Press Releases: ESS2026 row. Source CBSLCALENDAR26. Accessed 2026-09-22. Publication date not established.
  23. Department of Census and Statistics. Advance Data Release Calendar 2026. National Accounts rows 1.9 and 1.11. Source DCSCALENDAR26. Accessed 2026-09-22. Publication date not established.