Key Market Indicators
I-Kiribati Lighting Imports Forecasted to Decline by 2028 The importation of lighting products in Kiribati is projected to reach approximately $72,440 by the year 2028. This marks a decline from the estimated $75,210 in 2023, translating to an average annual decrease of 0.6%. Historical data reveals a consistent downward trend in demand, with a 0.7% year-on-year decline observed since 2004. The forecast underscores a continued reduction in lighting imports, reflecting broader economic and market dynamics within the country.
