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Lesotho Electrical Equipment Industry Outlook 2022 - 2026

See how Lesotho Electrical Equipment performed compared to key markets such as China, the United States and Germany.

Key Market Indicators

Mosotho's electrical equipment import and export are set to grow and fall respectively by 2026. Import of electrical equipment in Mosotho is forecast to hit $122 million by 2026, up 1.6% annually from 2021's $111 million. Since 2008, the demand has grown by an average of 3.8% per year. Mosotho ranked 123rd in 2021, with Guyana ahead with $111 million. The United States, Germany and Singapore came in at 2nd, 3rd and 4th respectively. Export of electrical equipment in Mosotho is predicted to drop to $25 million by 2026, down 5.6% per year from 2021's $35 million. Since 2008, the supply has decreased by an average of 0.5% annually. Mosotho placed 95th in 2021, with Brunei ahead at $35 million. South Korea, the United States and Germany were 2nd, 3rd and 4th respectively.

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Lesotho Electrical Equipment Market Data and Forecasts

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