Key Market Indicators
Lebanese electrical equipment imports are projected to reach $1.23 billion by 2028, rising from approximately $1.11 billion in 2023. This marks an average annual growth rate of 1.5%. Since 2002, the demand for electrical equipment in Lebanon has been increasing steadily at an average rate of 0.5% per year. On the export front, Lebanon's electrical equipment shipments are expected to decline to around $139 million by 2028, down from $155 million in 2023. This represents an average annual decrease of 1.7%. Over the past two decades, since 2002, the supply of Lebanese electrical equipment has been decreasing at an average rate of 1.8% per year.
