Key Market Indicators
Indonesian lighting imports are projected to climb to approximately $131 million by 2028, up from around $110 million in 2023. This marks an average annual growth rate of 2.8%. The demand for lighting in Indonesia has seen a significant increase, with a 7.3% year-on-year rise since 1994. On the export front, Indonesian lighting exports are expected to reach nearly $15 million by 2028, growing from about $13 million in 2023. The average annual growth rate for exports stands at 1.7%. Historically, Indonesia's lighting supply has grown modestly, with a 0.7% year-on-year increase since 1994.
