Key Market Indicators
Slovak Lighting Sales are projected to hit €1.6 billion by 2028, up from €1.3 billion in 2023, marking an average annual growth rate of 3.4%. Since 2013, the Slovak market has consistently expanded, averaging a 3.3% growth rate each year. In 2023, Slovakia ranked 10th, with France surpassing it at €1.3 billion. The Netherlands, Italy, and the Czech Republic occupied the second, third, and fourth spots, respectively. On the import front, Slovak Lighting Imports are expected to reach $126 million by 2028, rising from $121 million in 2023, with an average annual growth rate of 0.6%. Demand in Slovakia has seen a significant increase since 1999, growing by 5.9% each year. Slovak Lighting Exports are forecasted to climb to $77 million by 2028, up from $73 million in 2023, growing at an average annual rate of 0.9%. Since 1999, Slovak supply has surged by 2.8% annually.
