Key Market Indicators
Peru's lighting import market is projected to reach approximately $48 million by 2028, up from $41 million in 2023. This marks an average annual growth rate of 2.7%. Since 1997, the country's demand for imported lighting has increased by an average of 5.8% per year. On the export side, Peru's lighting industry is expected to see its overseas sales rise to around $770,000 by 2028, growing from $630,000 in 2023. This represents a compound annual growth rate (CAGR) of 3.2%. Since 1999, the nation's supply of lighting for export has seen an average yearly increase of 7.3%.