Key Market Indicators
Latvia's lighting sales are expected to total €24.6 million by 2026, a 3.8% yearly average increase since 2021 when sales reached €19.3 million. Since 2013, the market has grown by almost 26%. Latvia ranked 27th in 2021, with Ireland ranking first at €19.3 million. Italy, the Netherlands and Poland came in second, third and fourth, respectively. Latvia's lighting exports are predicted to reach $16,778,000 by 2026, a 3.4% yearly compound annual growth rate from 2021 when exports were $13,736,000. Since 1999, Latvian supply has increased by 11.6%. The country ranked 47th in 2021, with Saudi Arabia taking the lead at $13,736,000. Germany, the United States and Italy followed in second, third and fourth places, respectively. Latvia's lighting imports are expected to total $19,807,000 by 2026, a 1.4% yearly average rate since 2021 when imports reached $18,198,000. Since 1999, Latvian demand has grown by 5.1%. The country came in 74th in 2021, with Ivory Coast leading at $18,198,000. Germany, the United Kingdom and France came in second, third and fourth, respectively.
Latvia Lighting Market Data and Forecasts
How much will Latvia Lighting Market grow to 2026?
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