Italy: Chandelier Market 2024

Chandelier Market Size in Italy

The Italian chandelier market shrank to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Chandelier Production in Italy

In value terms, chandelier production expanded to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Chandelier production peaked at $X in 2014; afterwards, it flattened through to 2022.

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Chandelier Exports

Exports from Italy

In 2022, exports of chandeliers from Italy declined to X tons, waning by X% against the previous year's figure. Over the period under review, exports recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, chandelier exports fell to $X in 2022. In general, exports showed a slight contraction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), Germany (X tons) and the United Arab Emirates (X tons) were the main destinations of chandelier exports from Italy, with a combined X% share of total exports. Spain, the United States, the UK, Poland, Belgium, Switzerland, Saudi Arabia, the Netherlands, Qatar and Russia 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 the United States (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, France ($X), Germany ($X) and the United States ($X) constituted the largest markets for chandelier exported from Italy worldwide, together comprising X% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of X%, recorded 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 chandelier export price stood at $X per ton in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to the United Arab Emirates ($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 Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chandelier Imports

Imports into Italy

In 2022, approx. X tons of chandeliers were imported into Italy; dropping by X% on the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, chandelier imports fell to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of chandelier to Italy, accounting for a X% share of total imports. Moreover, chandelier imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), sevenfold. The third position in this ranking was taken by Hungary (X tons), with a X% share.

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

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

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

Import Prices by Country

In 2022, the average chandelier import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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