Key Market Indicators
Moroccan lighting exports are projected to achieve a significant milestone by 2028, reaching approximately $3.8 million. This marks an increase from the $3.2 million recorded in 2023, translating to an annual growth rate of 2.3%. Historical data since 1998 indicates a steady year-on-year increase of 2.7% in supply. On the import front, Morocco is expected to see its lighting imports soar to nearly $93.3 million by 2028, up from $77.7 million in 2023. This represents an average yearly growth rate of 2.9%. Since 1998, Moroccan demand for lighting imports has risen consistently, with an annual growth rate of 3.5%.
