Europe: Chandelier Market 2024

Chandelier Market Size in Europe

In 2022, the Europe chandelier market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X, and then shrank remarkably in the following year.

Chandelier Production in Europe

In value terms, chandelier production rose slightly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Chandelier Exports

Exports in Europe

After six years of growth, shipments abroad of chandeliers decreased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, leveling off in the following year.

In value terms, chandelier exports dropped to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

The biggest shipments were from Spain (X tons), Germany (X tons), the Netherlands (X tons), Austria (X tons), Poland (X tons), Italy (X tons), France (X tons), Hungary (X tons) and Belgium (X tons), together recording X% of total export. The following exporters - Sweden (X tons), the Czech Republic (X tons), the UK (X tons) and Bulgaria (X tons) - each reached a X% share of total exports.

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

In value terms, Germany ($X), Italy ($X) and Austria ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Poland, the Netherlands, Spain, France, Belgium, the UK, Hungary, the Czech Republic, Sweden and Bulgaria lagged somewhat behind, together accounting for a further X%.

Bulgaria, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, dropping by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 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 Italy ($X per ton), while Spain ($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 other leaders experienced more modest paces of growth.

Chandelier Imports

Imports in Europe

In 2022, chandelier imports in Europe dropped dramatically to X tons, reducing by X% against the year before. 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then plummeted in the following year.

In value terms, chandelier imports fell sharply 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 throughout the analyzed period. 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 contracted notably in the following year.

Imports by Country

Germany (X tons) and France (X tons) represented the key importers of chandeliers in 2022, resulting at approx. X% and X% of total imports, respectively. It was distantly followed by the Netherlands (X tons), the UK (X tons), Spain (X tons), Poland (X tons), Italy (X tons) and Austria (X tons), together constituting a X% share of total imports. The following importers - Belgium (X tons), Hungary (X tons), Romania (X tons), Sweden (X tons) and Denmark (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chandelier importing markets in Europe were Germany ($X), France ($X) and the UK ($X), together accounting for X% of total imports. The Netherlands, Austria, Poland, Spain, Italy, Belgium, Sweden, Denmark, Hungary and Romania lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 Europe stood at $X per ton in 2022, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. 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 attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Denmark ($X per ton), while Romania ($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 other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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