Germany: Chandelier Market Overview 2020

Chandelier Market Size in Germany

The revenue of the chandelier market in Germany amounted to $X in 2018, remaining constant against the previous year. In general, chandelier consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the market value increased by X% y-o-y. In that year, the chandelier market reached its peak level of $X. From 2015 to 2018, the growth of the chandelier market remained at a somewhat lower figure.

Chandelier Production in Germany

In value terms, chandelier production totaled $X in 2018 estimated in export prices. Overall, chandelier production continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, chandelier production attained its peak figure level at $X in 2008; however, from 2009 to 2018, production failed to regain its momentum.

Chandelier Exports

Exports from Germany

Chandelier exports from Germany amounted to X units in 2018, approximately equating the previous year. Overall, chandelier exports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Exports peaked at X units in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, chandelier exports amounted to $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

France (X units), Austria (X units) and Switzerland (X units) were the main destinations of chandelier exports from Germany, with a combined X% share of total exports. These countries were followed by the Netherlands, Poland, Italy, the UK, Spain, Belgium, the Czech Republic, Sweden and Denmark, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Austria ($X) and Switzerland ($X) were the largest markets for chandelier exported from Germany worldwide, with a combined X% share of total exports. These countries were followed by the Netherlands, Poland, Spain, the UK, Italy, Belgium, the Czech Republic, Denmark and Sweden, which together accounted for a further X Czech Republic experienced the highest growth rate of exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average chandelier export price stood at $X per unit in 2018, remaining relatively unchanged against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for chandeliers reached their maximum at $X per unit in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Spain ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced more modest paces of growth.

Chandelier Imports

Imports into Germany

In 2018, the amount of chandeliers imported into Germany amounted to X units, leveling off at the previous year. In general, chandelier imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, chandelier imports reached their peak figure at X units in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, chandelier imports amounted to $X in 2018. In general, the total imports indicated a buoyant increase from 2007 to 2018: its value decreased 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, chandelier imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Imports peaked in 2018 and are likely to continue its growth in the near future.

Imports by Country

In 2018, China (X units) constituted the largest chandelier supplier to Germany, with a X% share of total imports. Moreover, chandelier imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), ninefold. Poland (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Poland (+X% per year).

In value terms, China ($X) constituted the largest supplier of chandelier to Germany, comprising X% of total chandelier imports. The second position in the ranking was occupied by Austria ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Poland (+X% per year).

Import Prices by Country

In 2018, the average chandelier import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price indicated a buoyant increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, chandelier import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. The import price peaked at $X per unit in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Hungary, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform