Which Country Exports the Most Chandeliers in the World?

IndexBox has just published a new report "World: Chandeliers - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

Global chandelier imports stood at 5.8M tonnes in 2016, approximately equating the previous year figure. Overall, chandelier imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, when imports increased by 6% from the previous year level. In that year, global chandelier imports reached its maximum volume of 5.9M tonnes. From 2014 to 2016, growth of global chandelier imports failed to regain its strength.

In value terms, chandelier imports stood at $43B in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rate of +0.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, chandelier imports decreased by -0.1% against its level of 2014. Global chandelier import peaked of $43B in 2014- afterwards, it flattened through to 2016.

Top Chandelier Importing Countries in the World

1. USA (11.3 billion USD)

2. Germany (3.3 billion USD)

3. United Kingdom (2.2 billion USD)

4. France (1.8 billion USD)

5. Netherlands (1.3 billion USD)

6. Mexico (0.7 billion USD)

7. Iran (0.5 billion USD)

8. China (0.5 billion USD)

Chandelier Imports By Country

In 2016, China (2.4M tonnes) was the largest importer for chandelier, mixed up 42% of total imports. It was distantly followed by the U.S. (473K tonnes), committing 8% share of total chandelier imports. Germany (243K tonnes), the UK (187K tonnes), France (123K tonnes), Mexico (121K tonnes), the Netherlands (104K tonnes), and Iran (88K tonnes) followed a long way behind this figure.

China experienced a relatively flat trend pattern. At the same time, Iran (+23.0%), and Mexico (+4.2%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing importer/exporter in the world, with a CAGR of +23.0% from 2007-2016. The UK, the Netherlands, and Germany experienced a relatively flat trend pattern. By contrast, France (-2.2%), and the U.S. (-3.5%) illustrated a downward trend over the same period. From 2007 to 2016, the share of the U.S. increased by 3% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($11B) constitutes the largest market for imported chandelier worldwide, making up 26% of global imports. The second position in the ranking was occupied by Germany ($3.3B), with the share of 8% of global imports. It was followed by the UK, with the share of 5%.

From 2007 to 2016, the average annual rate of growth in terms of value of chandelier imports in the U.S. expanded at +6.0%. The remaining importing countries recorded the following average annual rates: Germany (+5.7% per year) and the UK (+3.2% per year).

Chandelier Import Prices By Country

The average chandelier import price stood at $7,451 per tonne in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, it indicated a strong expansion from 2007 to 2016: the import price value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, chandelier import price decreased by -0.7% against its level of 2014. The pace of growth appeared the most rapid in 2010, when import price increased by 17% from the previous year level. Global chandelier import peaked of $7,507 per tonne in 2014- afterwards, it flattened through to 2016.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was the U.S. ($24 per kg), while China ($198 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of chandelier import prices was attained by China (+12.6% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global chandelier market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• chandelier market share
• chandelier prices
• chandelier industry
• chandelier sales
• chandelier import
• chandelier export
• chandelier market forecast
• chandelier price forecast
• key chandelier producers

All data provided in this article covers the following product: HS Code 9405 - Lamps, light fittings- including searchlights, spotlights and parts thereof, n.e.c.- illuminated signs, name-plates and the like, having permanently fixed light source and parts thereof n.e.c. or included.

Source: World: Chandeliers - Market Report. Analysis and Forecast to 2025