Greece: Chandelier Market 2024

Chandelier Market Size in Greece

The Greek chandelier market reduced to $X in 2022, waning by X% against the previous year. Overall, consumption, however, enjoyed a buoyant increase. Chandelier consumption peaked at $X in 2021, and then dropped in the following year.

Chandelier Production in Greece

In value terms, chandelier production expanded significantly to $X in 2022 estimated in export price. Overall, production, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production attained the peak level in 2022 and is likely to continue growth in the near future.

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Chandelier Exports

Exports from Greece

In 2022, overseas shipments of chandeliers decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. In general, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, chandelier exports contracted to $X in 2022. Over the period under review, total exports indicated a strong 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Cyprus (X tons), Bulgaria (X tons) and Norway (X tons) were the main destinations of chandelier exports from Greece, with a combined X% share of total exports. Germany, Romania, Poland, Saudi Arabia, Hungary, Italy, Austria, Serbia, Lithuania and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chandelier exported from Greece were Norway ($X), Cyprus ($X) and Romania ($X), together comprising X% of total exports. Bulgaria, Saudi Arabia, Germany, the United Arab Emirates, Serbia, Hungary, Lithuania, Austria, Poland and Italy lagged somewhat behind, together accounting for a further X%.

Lithuania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average chandelier export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chandelier Imports

Imports into Greece

In 2022, approx. X tons of chandeliers were imported into Greece; falling by X% on 2021. In general, total imports indicated a buoyant increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, chandelier imports reduced dramatically to $X in 2022. Overall, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped notably in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of chandelier to Greece, with a X% share of total imports. Moreover, chandelier imports from China exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), fourfold. The third position in this ranking was held by Italy (X tons), with an X% share.

From 2012 to 2022, 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: Bulgaria (X% per year) and Italy (X% per year).

In value terms, China ($X) constituted the largest supplier of chandeliers to Greece, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Bulgaria, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Bulgaria (X% per year).

Import Prices by Country

In 2022, the average chandelier import price amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then fell in the following year.

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

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

Source: IndexBox Platform

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