Malta: Chandelier Market 2020

Chandelier Market Size in Malta

The revenue of the chandelier market in Malta amounted to $X in 2018, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, chandelier consumption continues to indicate prominent growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. In that year, the chandelier market reached its peak level of $X, and then declined slightly in the following year.

Chandelier Exports

Exports from Malta

In 2018, the exports of chandeliers from Malta amounted to X units, increasing by X% against the previous year. Over the period under review, chandelier exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, chandelier exports reached their peak figure at X units in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

In value terms, chandelier exports totaled $X in 2018. Over the period under review, chandelier exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Malta exports peaked at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

China prevails in chandelier exports structure, accounting for X units, which was approx. X% of total exports in 2018. The following exporters - Mexico (X units), Germany (X units), Italy (X units), Austria (X units), Canada (X units), Poland (X units) and Hungary (X units) - together made up X% of total exports.

China was also the fastest-growing in terms of the chandeliers exports, with a CAGR of +X% from 2007 to 2018. At the same time, Canada (+X%) and Poland (+X%) displayed positive paces of growth. Mexico and Austria experienced a relatively flat trend pattern. By contrast, Hungary (-X%), Germany (-X%) and Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China increased by +X% percentage points, while Italy (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest chandelier supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, chandelier exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the chandelier export price in Malta amounted to $X per unit, rising by X% against the previous year. In general, the chandelier export price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2010 when the export price increased by X% against the previous year. Over the period under review, the export prices for chandeliers attained their peak figure at $X per unit in 2008; however, from 2009 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per unit), while China ($X per unit) was amongst the lowest.

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

Chandelier Imports

Imports into Malta

Chandelier imports into Malta stood at X units in 2018, picking up by X% against the previous year. Over the period under review, chandelier imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Over the period under review, chandelier imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, chandelier imports stood at $X in 2018. In general, chandelier imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. In that year, chandelier imports attained their peak of $X, and then declined slightly in the following year.

Imports by Country

In 2018, the U.S. (X units), distantly followed by Germany (X units) and France (X units) were the key importers of chandeliers, together mixing up X% of total imports. Russia (X units), the UK (X units), Spain (X units), the United Arab Emirates (X units), the Netherlands (X units), Saudi Arabia (X units), Italy (X units), Australia (X units) and Malaysia (X units) occupied a minor share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Malaysia (+X%), Saudi Arabia (+X%), Russia (+X%), France (+X%), the United Arab Emirates (+X%) and Australia (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The Netherlands and Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%), Spain (-X%) and the UK (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.), Malaysia (+X p.p.) and France (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of the UK (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported chandeliers into Malta, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the U.S., chandelier imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

In 2018, the chandelier import price in Malta amounted to $X per unit, coming down by -X% against the previous year. In general, the chandelier import price continues to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. In that year, the import prices for chandeliers reached their peak level of $X per unit. From 2014 to 2018, the growth in terms of the import prices for chandeliers remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform