Key Market Indicators
Burkinabe Lighting Export is projected to drop to approximately $19,000 by 2028, down from around $22,000 in 2023. This decline signifies an average annual decrease of 2.3%. Historical data since 2001 shows a consistent downward trend, with Burkinabe supply contracting by an average of 9.4% each year. In contrast, Burkinabe Lighting Import is expected to climb to nearly $11.6 million by 2028, up from about $9.5 million in 2023. This growth corresponds to a compound annual growth rate (CAGR) of 3.1%. The import demand has seen a steady increase since 2000, with an average annual growth rate of 5.7%.