The import of non-electrical lamps and lighting fittings to Singapore demonstrates a declining trend from 2024 onwards, with values projected at 859.08 thousand kilograms in 2024, decreasing annually to reach 684.75 thousand kilograms by 2028. Observing the year-on-year variation, the declining rates are as follows: 2024 to 2025 shows a −5.23% decrease, 2025 to 2026 a −5.41% decrease, 2026 to 2027 a −5.60% decrease, and 2027 to 2028 a −5.81% decrease. The compound annual growth rate (CAGR) indicates an average decline of −5.52% per year over the forecasted five-year period.
Future trends to watch for include potential shifts in consumer preferences towards more energy-efficient and technologically advanced lighting solutions, which may further impact the demand for non-electrical lamps and lighting fittings. Additionally, advancements in smart home technologies and sustainability initiatives could influence import patterns and volumes.
