Key Market Indicators
Antigua's lighting import market is projected to grow significantly, with figures expected to reach approximately $4.94 million by 2028. This marks an increase from $4.02 million in 2023, representing an average annual growth rate of 3.3%. Since 2005, the demand for lighting products in Antigua has risen steadily, at an average rate of 2% per year. In contrast, Antiguan lighting exports have experienced a sharp decline. In 2018, exports were valued at roughly $10,570, down from $18,140 in 2017—a decrease of 41.7%. The long-term trend shows an even more dramatic drop. Since 2005, the supply of lighting products for export has fallen by an average of 46.1% annually.
