Global Chandelier Market 2019 - U.S. Imports Growth Is Losing Momentum, Hampering Global Market Expansion

IndexBox has just published a new report: 'World - Chandeliers - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The global chandelier market revenue amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014, with an increase of X% year-to-year. Over the period under review, the global chandelier market attained its maximum level in 2018, and is likely to continue its growth in the near future.

Production 2007-2018

In 2018, the amount of chandeliers produced worldwide amounted to X units, going up by X% against the previous year.

Exports 2007-2018

In 2018, approx. X units of chandeliers were exported worldwide; jumping by X% against the previous year. Overall, chandelier exports continue to indicate a moderate increase. The growth pace was the most rapid in 2010, when exports increased by X% against the previous year. Over the period under review, global chandelier exports attained their maximum in 2018, and are likely to continue its growth in the immediate term.

In value terms, chandelier exports stood at $X (IndexBox estimates) in 2018. In general, chandelier exports continue to indicate abuoyant increase. The most prominent rate of growth was recorded in 2013, when exports increased by X% year-to-year. Global exports peaked in 2018, and are likely to see steady growth in the near future.

Exports by Country

China prevails in chandelier exports structure, accounting for X units, which was approx. X% of total exports in 2018. The following exporters - Mexico (X units), Germany (X units), Italy (X units), Austria (X units), Canada (X units), Poland (X units) and Hungary (X units) - together made up X% of total exports.

China was also the fastest growing in terms of the chandeliers exports, with a CAGR of +X% from 2007 to 2018. At the same time, Canada (+X%) and Poland (+X%) displayed positive paces of growth. Mexico and Austria experienced a relatively flat trend pattern. By contrast, Hungary (-X%), Germany (-X%) and Italy (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Italy (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest chandelier supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

Export Prices by Country

The average chandelier export price stood at $X per unit in 2018, growing by X% against the previous year. In general, the chandelier export price continues to indicate a prominent expansion. Export prices varied noticeably by the country of origin; the country with the highest export price was Italy ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Poland, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, approx. X units of chandeliers were imported worldwide; picking up by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. In value terms, chandelier imports stood at $X (IndexBox estimates) in 2018. Over the period under review, the total imports indicated aprominent expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the chandelier imports increased by +X% against 2009 indices. The growth pace was the most rapid in 2010, when imports increased by X% year-to-year. Global imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, the U.S. (X units), distantly followed by Germany (X units) and France (X units) represented the major importers of chandeliers, together making up X% of total imports. The following importers - Russia (X units), the UK (X units), Spain (X units), the United Arab Emirates (X units), the Netherlands (X units), Saudi Arabia (X units), Italy (X units), Australia (X units) and Malaysia (X units) - together made up X% of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Malaysia (+X%), Saudi Arabia (+X%), Russia (+X%), France (+X%), the United Arab Emirates (+X%) and Australia (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2018. The Netherlands and Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%), Spain (-X%) and the UK (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.), Malaysia (+X p.p.) and France (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of the UK (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported chandeliers worldwide, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

Import Prices by Country

The average chandelier import price stood at $X per unit in 2018, shrinking by -X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. Import prices varied noticeably by the country of destination; the country with the highest import price was the U.S. ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by the UK, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform