Key Market Indicators
Senegal's lighting imports are projected to reach approximately $5.3 million by 2028, up from $4.6 million in 2023. This marks an average annual growth rate of 2.2%. Since 2001, the country's demand for lighting has seen a consistent increase, averaging a year-on-year growth rate of 5.7%. On the export front, Senegal's lighting exports are expected to decline significantly. Projections indicate a drop to around $11,850 by 2028, down from $23,410 in 2023. This represents an average annual decrease of 10.7%. Historically, the nation's lighting supply has been decreasing at an average rate of 17.1% per year since 2001.
