Key Market Indicators
Iranian Lighting Imports are projected to climb to approximately $50 million by 2028, up from around $41 million in 2023. This marks a compound annual growth rate (CAGR) of 3.2%. Since 2002, the nation's demand for lighting has seen a steady annual increase of 5.2%. In contrast, Iranian Lighting Exports have experienced a notable decline. In 2017, exports stood at roughly $1.5 million, down from nearly $2.6 million in 2016—a steep drop of 42.7% year-over-year. Over the long term, since 2002, the export supply has decreased consistently by 32% annually.
