Based on the provided data, the year-on-year percentage variations are as follows:
- 2025: ((459.83 - 439.74) / 439.74) * 100 = 4.57%
- 2026: ((479.51 - 459.83) / 459.83) * 100 = 4.28%
- 2027: ((498.8 - 479.51) / 479.51) * 100 = 4.03%
- 2028: ((517.71 - 498.8) / 498.8) * 100 = 3.78%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately ((517.71 / 439.74) ** (1/4) - 1) * 100) = 4.15%.
Future Trends to Watch: The steady growth in imports signifies a rising demand for electrical lighting and signalling equipment. Factors to monitor include advancements in technology, government regulations, and shifts towards energy-efficient products.
