Key Market Indicators
Algeria's lighting import market is projected to reach approximately $43 million by 2028, up from around $39 million in 2023. This represents an annual compound growth rate of 1.8%. Since 1997, the country's demand for lighting products has consistently increased, showing an average annual growth rate of 2.7%. On the export side, Algeria's lighting industry has experienced a significant downturn. In 2017, lighting exports plummeted to roughly $1,400, a steep decline from nearly $27,000 in 2016. This marks a dramatic decrease of 94.7% within just one year.
