Key Market Indicators
Fiji's import of electrical equipment is projected to surge to approximately $255 million by 2028, up from around $224 million in 2023. This increase represents an average annual growth rate of 2%. Historical data reveals that since 2007, demand for electrical equipment in Fiji has consistently risen by 2.8% per year. On the export front, Fiji's electrical equipment shipments are expected to climb to nearly $85 million by 2028, from roughly $70 million in 2023. This growth corresponds to a compound annual growth rate (CAGR) of 3%. Since 2007, the country's supply of electrical equipment has expanded at an impressive rate of 5.9% annually.