CIS: Chandelier Market 2024

Chandelier Market Size in CIS

The CIS chandelier market contracted notably to $X in 2022, dropping by X% against the previous year. Overall, consumption recorded a abrupt decline. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Chandelier Production in CIS

In value terms, chandelier production shrank slightly to $X in 2022 estimated in export price. The total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Chandelier Exports

Exports in CIS

In 2022, shipments abroad of chandeliers decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then reduced sharply in the following year.

In value terms, chandelier exports fell dramatically to $X in 2022. Over the period under review, exports recorded a pronounced slump. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then fell remarkably in the following year.

Exports by Country

Belarus represented the main exporter of chandeliers in the CIS, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. Kyrgyzstan (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Moldova (X%). The following exporters - Uzbekistan (X tons) and Kazakhstan (X tons) - each resulted at a X% share of total exports.

Exports from Belarus increased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%), Uzbekistan (X%), Moldova (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Belarus (X p.p.), Kyrgyzstan (X p.p.), Moldova (X p.p.), Uzbekistan (X p.p.) and Kazakhstan (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) remains the largest chandelier supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Moldova ($X), with a X% share of total exports. It was followed by Kyrgyzstan, with a X% share.

In Belarus, chandelier exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Moldova (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price recorded a slight contraction. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced mixed trends in the export price figures.

Chandelier Imports

Imports in CIS

Chandelier imports contracted dramatically to X tons in 2022, waning by X% against 2021. Over the period under review, imports recorded a abrupt slump. The growth pace was the most rapid in 2017 when imports increased by X%. The volume of import peaked at X tons in 2021, and then shrank sharply in the following year.

In value terms, chandelier imports dropped rapidly to $X in 2022. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kazakhstan (X tons) represented the main importer of chandeliers, committing X% of total imports. It was distantly followed by Belarus (X tons), Armenia (X tons), Azerbaijan (X tons), Kyrgyzstan (X tons), Uzbekistan (X tons) and Moldova (X tons), together constituting a X% share of total imports.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of imports of chandeliers. At the same time, Azerbaijan (X%), Armenia (X%), Kyrgyzstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Moldova experienced a relatively flat trend pattern. By contrast, Uzbekistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kazakhstan, Belarus, Armenia, Azerbaijan, Uzbekistan, Kyrgyzstan and Moldova increased by X, X, X, X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X), Belarus ($X) and Uzbekistan ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price recorded a slight decline. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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