In 2023, the import volume of electric lamps and lighting fittings to China stood at a base level. As of 2024, forecasts project a steady year-over-year increase in re-imports, reaching 995.83 thousand kilograms. By 2028, this figure is expected to rise to 1115.9 thousand kilograms. The year-on-year growth rates for 2025 to 2028 are 3.1%, 2.9%, and 2.8%, respectively. The compound annual growth rate (CAGR) from 2024 to 2028 approximates a consistent upward trend.
Future trends to watch for:
- Technological advancements in energy-efficient lighting could influence demand.
- Potential regulatory changes affecting import practices and standards.
- Market dynamics influenced by domestic production capabilities and competition.
