U.S. - Residential, commercial and industrial lighting fixture - Market Analysis, Forecast, Size, Trends and Insights
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View PricingResidential, Сommercial and Industrial Lighting Fixture Prices in the United States
U.S. Residential, Сommercial and Industrial Lighting Fixture Import Price in September 2021
In September 2021, the residential, Сommercial and industrial lighting fixture price amounted to $17.8 per unit, therefore (CIF, US), remained relatively stable against the previous month. Over the last eight-month period, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in March 2021 when the average import price increased by 6.6% month-to-month. Over the period under review, average import prices hit record highs at $18.2 per unit in April 2021; however, from May 2021 to September 2021, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2021, the highest price was recorded for prices from Mexico ($21.1 per unit) and Canada ($20.9 per unit), while the price for China ($18.1 per unit) and Vietnam ($19.4 per unit) were amongst the lowest.
From January 2021 to September 2021, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Residential, Сommercial and Industrial Lighting Fixture Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In December 2021, the product with the highest price was chandeliers ($20.1 per unit), while the price for electric table, desk, bedside or floor standing lamp amounted to $13.4 per unit.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by table, bedside and floor lamp (+2.0%).
U.S. Residential, Сommercial and Industrial Lighting Fixture Imports
In December 2021, approximately 27M units of residential, сommercial and industrial lighting fixture were imported into the United States; growing by 4.2% against November 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2021 when imports increased by 14% m-o-m. Over the period under review, imports of attained the peak figure at 28M units in October 2021; however, from November 2021 to December 2021, imports failed to regain momentum.
In value terms, imports of residential, сommercial and industrial lighting fixture expanded notably to $502M (IndexBox estimates) in December 2021. The total import value increased at an average monthly rate of +1.0% over the period from January 2021 to December 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain months. The most prominent rate of growth was recorded in May 2021 with an increase of 8.5% month-to-month. Over the period under review, imports of attained the maximum at 517M units in October 2021; however, from November 2021 to December 2021, imports remained at a lower figure.
U.S. Residential, Сommercial and Industrial Lighting Fixture Imports by Type
In December 2021, chandeliers (21M units) constituted the largest type of residential, сommercial and industrial lighting fixture supplied to the United States, accounting for a 76% share of total imports. Moreover, chandeliers exceeded the figures recorded for the second-largest type, electric table, desk, bedside or floor standing lamp (6.4M units), threefold.
From January 2021 to December 2021, the average monthly growth rate of the volume of import of chandeliers was relatively modest.
In value terms, chandeliers ($416M) constituted the largest type of residential, сommercial and industrial lighting fixture supplied to the United States, comprising 83% of total imports. The second position in the ranking was held by electric table, desk, bedside or floor standing lamp ($85M), with a 17% share of total imports.
U.S. Residential, Сommercial and Industrial Lighting Fixture Imports by Country
In September 2021, China (18M units) constituted the largest supplier of residential, сommercial and industrial lighting fixture to the United States, accounting for a 65% share of total imports. Moreover, imports of residential, сommercial and industrial lighting fixture from China exceeded the figures recorded by the second-largest supplier, Mexico (4.9M units), fourfold. The third position in this ranking was taken by Canada (1.7M units), with a 6.3% share.
From January 2021 to September 2021, the average monthly growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (-0.3% per month) and Canada (+0.3% per month).
In value terms, China ($321M) constituted the largest supplier of residential, сommercial and industrial lighting fixture to the United States, comprising 66% of total imports. The second position in the ranking was taken by Mexico ($104M), with a 22% share of total imports. It was followed by Canada, with a 7.4% share.
From January 2021 to September 2021, the average monthly growth rate of value from China amounted to +1.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+0.8% per month) and Canada (+1.4% per month).
This report provides an in-depth analysis of the market for residential, commercial and industrial lighting fixture in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27402200 - Electric table, desk, bedside or floor-standing lamps
- Prodcom 27402500 - Chandeliers and other electric ceiling or wall lighting fittings (excluding those used for lighting public open spaces or thoroughfares)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This year, Americans have to pay more for Christmas lights, as the average import price for lighting sets soared by 7% compared to the figures of 2020, reaching $3.08 per unit. The reduction in global production of lighting decorations and skyrocketed freight rates, combined with the increased cost of raw materials and energy resources, led to this spike in prices. Throughout January-October 2021, U.S.Christmas lighting set imports totalled $511M, 10% more than in the same period a year earlier. In physical terms, the volume of supplies remained nearly unchanged against 2020’s figures, while shipment from China reduced significantly.
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The global chandelier market revenue amounted to $50.4B in 2018, growing by 9.9% against the previous year. This...
895
Global chandelier imports stood at X tons in 2016, approximately equating the previous year figure. Overall, chandelier imports continue to indicate a relatively flat trend pattern. The pace of g...
3748
Global chandelier imports stood at X tons in 2016, approximately equating the previous year figure. Overall, chandelier imports continue to indicate a relatively flat trend pattern. The pace of g...
479
The global chandelier market showed steady growth, rising from X million units in 2007 to X million units in 2014. From 2007 to 2014, it expanded with a CAGR of +X>
1782
From 2007 to 2015, global exports of chandeliers showed a robust growth trend, with the exception of a minor decline in 2009. Exports amounted to X million USD in 2015. There was an annual increase of +X% throughout the analyzed period.
1242
After chalking up exceptional export numbers in 2014, China was again able to claim dominance in the global chandelier trade. In 2014, China exported X thousand tons of chandeliers totaling X billion USD, a spectacular X% over the previous year.
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The Italian company CoeLux has come up with a cutting-edge lighting technology that recreates the effect of sunlight indoors. The trick is not only to produce this effect, but to create the atmospheric conditions as well. High tech LED skylights imitat
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This year, Americans have to pay more for Christmas lights, as the average import price for lighting sets soared by 7% compared to the figures of 2020, reaching $3.08 per unit. The reduction in global production of lighting decorations and skyrocketed freight rates, combined with the increased cost of raw materials and energy resources, led to this spike in prices. Throughout January-October 2021, U.S.Christmas lighting set imports totalled $511M, 10% more than in the same period a year earlier. In physical terms, the volume of supplies remained nearly unchanged against 2020’s figures, while shipment from China reduced significantly.
720
The global chandelier market revenue amounted to $50.4B in 2018, growing by 9.9% against the previous year. This...
