Key Market Indicators
Argentina's lighting imports are projected to hit approximately $130 million by 2028, up from around $103 million in 2023. This marks an average annual growth rate of 3.7%. Since 1998, the country's demand for lighting has increased by an average of 4.1% each year. On the export front, Argentina's lighting sector is facing a significant downturn. Exports are expected to reach about $437,000 in 2023, a steep drop from roughly $597,000 in 2022. This represents a decline of nearly 27% from the previous year. Since 1998, the country's supply of lighting products for export has decreased at an annual rate of 21.2%.
