Key Market Indicators
Bangladeshi lighting imports are projected to hit approximately $26 million by 2028, up from about $21 million in 2023, representing an average annual growth rate of 3%. This marks a consistent increase in demand, which has been rising at an average rate of 4.9% per year since 1994. In stark contrast, Bangladeshi lighting exports are expected to plummet to around $1,400 by 2020, down dramatically from around $111,000 in 2015. This represents an average annual decline of 54.6%. Despite this downturn, the country's lighting supply has seen a significant long-term increase, with an average annual growth rate of 238.3% since 2001.
