Key Market Indicators
Brunei's lighting export market is projected to grow steadily over the coming years. By 2028, the export value is anticipated to reach approximately $433,000, up from about $369,000 in 2023. This represents an average annual growth rate of 2.5%. Since 2002, the country's lighting supply has seen a consistent increase of 3.6% per year. Meanwhile, Brunei's lighting import market is also on an upward trajectory. Imports are expected to hit nearly $7.42 million by 2028, rising from $6.53 million in 2023. This growth reflects an average annual rate of 2%. Historical data since 1997 indicates that Bruneian demand for lighting products has grown by a modest 0.1% annually. These data points suggest a gradually expanding market for both the import and export of lighting products in Brunei.