China: Market for Lighting Sets For Christmas Trees 2022

Market Size for Lighting Sets For Christmas Trees in China

In 2021, the Chinese market for lighting sets for christmas trees increased by X% to $X, rising for the second year in a row after five years of decline. Overall, consumption saw a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Lighting Sets For Christmas Trees in China

In value terms, lighting set for christmas trees production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a pronounced descent. Lighting set for christmas trees production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Lighting Sets For Christmas Trees

Exports from China

Lighting set for christmas trees exports from China rose to X units in 2021, with an increase of X% on 2020. Overall, exports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, lighting set for christmas trees exports surged to $X in 2021. In general, exports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X units), the Netherlands (X units) and Germany (X units) were the main destinations of lighting set for christmas trees exports from China, together comprising X% of total exports. The United States, Italy, Brazil, Poland, Colombia, Mexico, Indonesia, Canada, France and Ukraine lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Indonesia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lighting set for christmas trees exported from China were the UK ($X), the Netherlands ($X) and Germany ($X), together comprising X% of total exports. These countries were followed by the United States, Italy, Mexico, Canada, Poland, France, Ukraine, Brazil, Colombia and Indonesia, which together accounted for a further X terms of the main countries of destination, Indonesia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for lighting sets for christmas trees stood at $X per unit in 2021, surging by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Mexico ($X per unit), while the average price for exports to Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lighting Sets For Christmas Trees

Imports into China

In 2021, supplies from abroad of lighting sets for christmas trees increased by X% to X units, rising for the second consecutive year after seven years of decline. Overall, imports saw a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, lighting set for christmas trees imports totaled $X in 2021. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Cambodia (X units) constituted the largest lighting set for christmas trees supplier to China, with a X% share of total imports. Moreover, lighting set for christmas trees imports from Cambodia exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Cambodia stood at +X%.

In value terms, Cambodia ($X) constituted the largest supplier of lighting set for christmas trees to China, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Cambodia amounted to +X%.

Import Prices by Country

The average import price for lighting sets for christmas trees stood at $X per unit in 2021, which is down by -X% against the previous year. Overall, the import price recorded a pronounced curtailment. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably countryorigin: the country with the highest price was Germany ($X per unit), while the price for Cambodia stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-X%).

Source: IndexBox Market Intelligence Platform

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