Key Market Indicators
Croatian Lighting Sales are projected to reach €55 million by 2028, up from €54 million in 2023, marking an average annual growth rate of 0.2%. Since 2013, the Croatian market has seen a consistent yearly increase of 2.2%. In 2023, Croatia ranked 22nd in lighting sales, with Lithuania slightly ahead at €54 million. The leading countries in this sector were the Netherlands, Italy, and the Czech Republic, occupying the second, third, and fourth spots respectively. In terms of exports, Croatian Lighting Export is expected to hit $20 million by 2028, rising from $16 million in 2023. This represents an average annual growth rate of 3.6%. Since 1997, the country's lighting supply has increased by 4% per year. On the import front, Croatian Lighting Import is anticipated to reach $56 million by 2028, up from $48 million in 2023, with an average annual growth rate of 2.6%. Since 1997, Croatian demand for lighting products has grown by 2.9% each year.