Key Market Indicators
Brazilian lighting exports are projected to fall to approximately $5.3 million by 2028, down from $6.2 million in 2023. This marks an average annual decline of 2.6%. The country's lighting supply has been on a downward trajectory since 1994, with an average yearly decrease of 1.7%. Meanwhile, Brazilian lighting imports are expected to rise to about $106 million by 2028, up from nearly $94 million in 2023. This reflects an average annual growth rate of 1.9%. Since 1994, the demand for lighting imports in Brazil has increased by an average of 2.4% per year.
