Forecast: Import of Electric Filament or Discharge Lamps to the UK

In 2023, the import value of electric filament or discharge lamps to the UK stood at an estimated level higher than any forecast value for subsequent years. The forecast from 2024 to 2028 shows a consistent annual decline, with the import value decreasing from $255.35 million in 2024 to $180.0 million by 2028.

Year-on-year analysis reflects a downward trend, with decreasing percentages over the forecasted period. The five-year compound annual growth rate (CAGR) is also negative, indicating a persistent contraction in imports.

Future trends to watch for include:

  • Shifts in technological advancements, such as LED and energy-efficient lighting solutions, which may influence import needs.
  • Potential changes in trade policies post-Brexit that could impact import levels positively or negatively.
  • Market adaptations towards increased local production of lighting solutions.

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