Key Market Indicators
**Irish Lighting Sales Projected to Decline by 2028** Irish Lighting Sales are projected to fall to €10.5 million by 2028, down from €11.6 million in 2023, marking a 1.3% annual decline. This continues a trend observed since 2013, where the market has decreased by 11.4% annually. In 2023, Ireland ranked 25th globally in lighting sales, with Latvia overtaking it at €11.6 million. The Netherlands, Italy, and the Czech Republic occupied the second, third, and fourth positions, respectively. **Irish Lighting Imports and Exports on the Rise** Contrarily, Irish lighting imports are expected to grow. By 2028, imports are set to reach $132 million, up from $113 million in 2023, representing a 2.4% annual growth rate. Since 1997, demand for lighting imports in Ireland has increased by 2.9% annually. Similarly, Irish lighting exports are also on an upward trajectory. Exports are forecasted to hit $20.6 million by 2028, rising from $17.8 million in 2023, with an annual growth rate of 2.4%. Since 1997, the supply of Irish lighting products has grown by 2.1% per year.
