Key Market Indicators
Belize's lighting imports are expected to reach around $4.7 million by 2026, up from $3.7 million in 2021 – a 3.8% year-on-year growth rate. Since 1997, demand from Belize has increased by 7% each year. The country was ranked 115th in 2021, with Andorra in the lead at $3.7 million. Germany, the UK and France respectively ranked 2nd, 3rd and 4th. Belize's lighting exports are forecast to reach $9.2 million by 2026, up from $8.3 million in 2021 – an average yearly growth of 1.7%. Since 1997, supply to Belize has decreased by 3.9% every year. The country was 112th in 2021, while Zimbabwe was ahead at $8.3 million. Germany, the US and Italy held the top 3 spots.
