Key Market Indicators
Russian lighting exports are projected to climb to approximately $49 million by 2028, up from about $44 million in 2023. This represents an average annual growth rate of 1.9%. Since 2001, the nation's supply of lighting products has consistently increased by an average of 3.3% each year. On the import side, Russia's lighting imports are expected to surge to roughly $371 million by 2028, a notable rise from $316 million in 2023. This growth reflects an average annual increase of 2.5%. Since 2001, the demand for lighting imports in Russia has been on an upward trajectory, expanding by an average of 3.4% annually.
