Key Market Indicators
Ethiopia's lighting import sector is projected to see significant growth, reaching approximately $35 million by 2028. This marks a notable increase from the $29 million expected in 2023, with an average annual growth rate of 3.1%. Since the year 2000, the demand for lighting imports in Ethiopia has risen steadily by 5% each year. On the export front, Ethiopia's lighting sector is also on an upward trajectory. Lighting exports are forecasted to climb to around $83,000 by 2028, up from $73,000 in 2023. This represents an average annual growth rate of 2.1%. Since 2007, the supply of Ethiopian lighting products for export has grown at an annual rate of 3.1%.