Key Market Indicators
The value of Emirati lighting exports is projected to rise to approximately $138 million by 2028, up from around $128 million in 2023. This marks an average annual growth rate of 1.2%. Since 2012, the country's lighting supply has seen a consistent annual increase of 1%. In parallel, Emirati lighting imports are expected to reach nearly $436 million by 2028, up from about $399 million in 2023. This represents a compound annual growth rate (CAGR) of 1.4%. Over the past decade, demand for lighting imports in the UAE has grown by an average of 2.1% each year.