Key Market Indicators
Surinamese Lighting Export experienced a significant decline in 2023, dropping to approximately $4,100 from around $4,900 in 2022. This represents a decrease of 17.4% compared to the previous year. Since 2004, the country's lighting supply has been on a downward trend, falling by an average of 13.7% annually. On the other hand, Surinamese Lighting Import is projected to reach roughly $6.3 million by 2028, up from approximately $5 million in 2023. This growth represents a compound annual growth rate (CAGR) of 3.4%. Since 2001, the demand for lighting imports in Suriname has increased by an average of 1.9% year on year.
