Key Market Indicators
Australian lighting exports are projected to climb to approximately $52 million by 2028, up from around $46 million in 2023. This marks an annual growth rate of 1.8%, according to recent data. Since 1993, the country's lighting supply has increased by an average of 2.2% each year. On the import front, Australia's lighting imports are expected to surge to roughly $520 million by 2028, rising from about $444 million in 2023. This reflects an average annual growth rate of 2.5%. Since 1993, demand for lighting products in Australia has seen a significant jump, growing at an average rate of 3.2% per year.
