The import volume of non-electrical lamps and lighting fittings to Germany shows a consistent decline from 2024 to 2028. In 2023, the imports stood at 13.5 million kilograms, indicating a substantial drop in the forecasted figures. The year-on-year decreases highlight a downward trend from 12.321 million kg in 2024 to 9.0485 million kg by 2028, reflecting diminishing demand or shifts in market dynamics. Over the five-year forecast, the compound annual growth rate (CAGR) indicates an average annual shrinkage, emphasizing the market's contraction.
Future trends to watch for:
- Shift towards energy-efficient and sustainable lighting solutions influencing market demands.
- Potential impact of global trade policies and supply chain disruptions on import volumes.
- Technological advancements in lighting affecting traditional non-electrical products.