Key Market Indicators
Bahamian Lighting Export is projected to climb to approximately $508,000 by 2028, up from around $441,000 in 2023. This marks an average annual growth rate of 2.2%. Notably, since 2002, the nation's supply in this sector has increased by an average of 3.4% each year. In contrast, Bahamian Lighting Import is expected to dip slightly to about $3,021,000 by 2028, down from roughly $3,054,000 in 2023. This represents an average annual decline of 0.2%. Since 2002, the demand for imported lighting in the Bahamas has similarly seen a modest annual decrease of 0.2%.
