Iran: Chandelier Market 2024

Chandelier Market Size in Iran

The Iranian chandelier market contracted to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Chandelier Production in Iran

In value terms, chandelier production contracted modestly to $X in 2022 estimated in export price. Overall, production saw a pronounced curtailment. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Chandelier Exports

Exports from Iran

In 2022, exports of chandeliers from Iran fell sharply to X tons, waning by X% against 2021 figures. In general, exports, however, continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, chandelier exports declined dramatically to $X in 2022. Over the period under review, exports showed a noticeable slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Lebanon (X tons) was the main destination for chandelier exports from Iran, with a X% share of total exports. Moreover, chandelier exports to Lebanon exceeded the volume sent to the second major destination, Georgia (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Lebanon amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Tajikistan (X% per year).

In value terms, Lebanon ($X) emerged as the key foreign market for chandeliers exports from Iran, comprising X% of total exports. The second position in the ranking was held by Georgia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Lebanon stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Tajikistan (X% per year).

Export Prices by Country

The average chandelier export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2015; however, from 2016 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 Georgia ($X per ton), while the average price for exports to Tajikistan ($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 Azerbaijan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Chandelier Imports

Imports into Iran

In 2022, supplies from abroad of chandeliers was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a dramatic descent. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, chandelier imports skyrocketed to $X in 2022. In general, imports, however, saw a precipitous decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Turkey (X tons) were the main suppliers of chandelier imports to Iran, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United Arab Emirates ($X), China ($X) and Turkey ($X) constituted the largest chandelier suppliers to Iran, together comprising X% of total imports.

China, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average chandelier import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price saw a noticeable decline. The growth pace was the most rapid in 2016 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 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 China ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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