The import of non-electrical lamps and lighting fittings to the UAE shows a declining trend from 2024 to 2028, starting at $7.8684 million in 2024 and decreasing to $6.9952 million in 2028. Comparing year-on-year, the imports decline by approximately 2.86% in 2025, 2.88% in 2026, 2.91% in 2027, and 2.95% in 2028, reflecting a consistent decrease. The Compound Annual Growth Rate (CAGR) over the five-year forecast period from 2024 to 2028 is approximately -2.9%. The value of imports stood at $8.1 million in 2023, emphasizing a continuous drop in the subsequent years.
Future trends to watch for include shifts in trade policies, changes in market demand towards energy-efficient lighting alternatives, and technological advancements in lighting solutions. Monitoring these factors can provide insights into potential market adjustments and emerging opportunities within the sector.
