The export of electric lamps and lighting fittings from the UAE stood at 24 Million Kilograms in 2023. Forecast data indicates a slight but steady decline over the next five years, from 23.949 Million Kilograms in 2024 to 23.017 Million Kilograms by 2028. Year-on-year variations show a decrease of approximately 1% each year, suggesting a consistent downward trend. The Compound Annual Growth Rate (CAGR) for this period is estimated to be around -1%. This indicates a marginal reduction in volume annually.
Future trends to watch for include technological advancements in energy-efficient lighting solutions, potential regulatory changes affecting exports, and shifting global market demands which may further impact the trade volume.
