Key Market Indicators
Malawian lighting exports are projected to decline over the next five years, with figures expected to dip from approximately $475,000 in 2023 to around $452,000 by 2028. This represents an average annual decrease of 0.8%. Historical data shows that since 1995, the country's lighting supply has decreased by an average of 0.9% per year. In contrast, Malawian lighting imports are on an upward trajectory. Imports are forecasted to rise from nearly $3.65 million in 2023 to about $4.34 million by 2028, marking an average annual growth rate of 2.7%. Since 1995, demand for lighting imports in Malawi has increased at an average rate of 4.3% per year. These trends indicate a growing reliance on imported lighting products as domestic supply continues to decline.
