Key Market Indicators
Austrian Lighting Sales are projected to rise to €2.5 billion by 2028, up from €2.1 billion in 2023, reflecting an annual growth rate of 2.9%. Since 2013, the Austrian market has been expanding at an annual rate of 3.6%. In the global ranking for 2023, Austria secured the 8th position, trailing the United Kingdom, which also reported sales of €2.1 billion. The Netherlands, Italy, and the Czech Republic occupied the second, third, and fourth spots, respectively. On the export front, Austrian Lighting Exports are forecasted to reach approximately $199 million by 2028, up from about $176 million in 2023, marking a 2% annual growth rate. Since 1999, Austria’s lighting supply has grown at an average rate of 2.9% per year. On the import side, Austrian Lighting Imports are expected to climb to around $354 million by 2028, from roughly $313 million in 2023, with an annual growth rate of 1.9%. Since 1999, Austria’s demand for imported lighting has increased by an average of 2.4% per year.