Key Market Indicators
Colombian lighting exports are projected to reach approximately $18.9 million by 2028, up from $16.6 million in 2023. This marks an average annual growth rate of 2%. Since 1996, the country's lighting supply has expanded at an average rate of 3.4% per year. Meanwhile, Colombian lighting imports are expected to hit around $80.1 million by 2028, compared to $64.1 million in 2023. This indicates an average annual growth rate of 3.5%. Since 1996, the demand for lighting products in Colombia has surged at an average rate of 2.2% annually.