Key Market Indicators
Saint Lucia's lighting import market is projected to soar to approximately $3.1 million by 2028, up from around $2.7 million in 2023. This marks an average annual growth rate of 1.8%. Since 1997, the nation's demand for lighting has consistently risen, showing an average yearly increase of 2.7%. On the export front, Saint Lucia's lighting sector is expected to reach $383,000 by 2028, compared to about $379,000 in 2023. This represents a modest annual growth rate of 0.2%. The country's lighting supply has seen a steady increase of 0.2% per year since 1997.