Key Market Indicators
Albania's import of electrical equipment is projected to decrease to approximately $178 million by 2028, down from around $190 million in 2023. This reflects a steady decline of 1% annually. This trend continues a pattern observed since 2001, wherein the country's demand for electrical equipment has decreased by an average of 1.8% each year. On the export side, Albania saw a significant increase in 2018. The nation exported electrical equipment worth roughly $1.4 million, up from about $1.2 million in 2017. This 12.4% jump marks a notable improvement over the previous year. However, it is important to note that overall, since 2001, Albania's supply in this sector has faced a steep decline, dropping by 51.1% annually.
