Key Market Indicators
Finnish Lighting Sales are projected to reach approximately €404 million by 2028, up from around €372 million in 2023, representing an average annual growth rate of 1.3%. Despite this growth, the Finnish market has experienced a 1% year-on-year decline since 2013. In 2023, Finland ranked 13th in lighting sales, with Belgium leading at €372 million. The Netherlands, Italy, and the Czech Republic occupied the second, third, and fourth positions, respectively. Meanwhile, Finnish Lighting Imports are expected to climb to nearly $186 million by 2028, up from about $166 million in 2023, growing at an average annual rate of 1.7%. Finnish demand for lighting has seen a steady increase of 2.7% per year since 1993. On the export front, Finnish Lighting Exports are anticipated to fall to roughly $50 million by 2028, down from approximately $52 million in 2023, with an average annual decline of 0.8%. Finnish supply has been on a slight decline, decreasing by 0.2% year on year since 1993.
