Based on the provided forecast, the import value of chandeliers and other electric ceiling or wall lights to Malaysia is projected to increase steadily from $116.2 million in 2024 to $134.5 million in 2028. Analyzing year-on-year variations, there is a consistent growth of approximately 4% to 4.5% annually. The import value for 2023 stood at $111.56 million, showing a progressive trend in the import market.
Trends to watch for in the future include advancements in energy-efficient lighting technology and increased demand for smart home integration, which could drive further growth. Additionally, economic conditions and shifts in trade policies may impact import volumes in upcoming years.
