Key Market Indicators
Maltese Electrical Equipment Exports Forecasted to Decline by 2028 Valletta – The export of electrical equipment from Malta is projected to drop to approximately $427 million by 2028. This marks a decrease from the $602 million recorded in 2023, reflecting an annual decline rate of 5.5%. Historical data indicates a consistent downward trend in Maltese electrical equipment exports, which have fallen by 5.4% annually since 1999. Imports Set to Experience Similar Downturn In parallel, the import of electrical equipment into Malta is also expected to decline. Projections suggest that imports will fall to about $290 million by 2028, down from $434 million in 2023. This represents an average annual decline of 6.4%. Since 1999, the demand for imported electrical equipment in Malta has seen an average annual decrease of 6.6%. The data points to a significant contraction in both the import and export sectors of electrical equipment in Malta over the coming years.
