Key Market Indicators
Filipina lighting exports are projected to surge to approximately $31 million by 2028, up from around $25 million in 2023. This marks an average annual growth rate of 3.5%. Since 2001, the country's lighting supply has expanded at an annual rate of 5.7%. On the import side, Filipina lighting imports are expected to climb to about $99 million by 2028, up from nearly $81 million in 2023. This represents an average yearly increase of 3.2%. The demand for lighting products in the Philippines has been on the rise, growing at an annual rate of 6% since 2001.
