China’s Chandelier Exports Hit Record High of $9.9B
Oct 25, 2021
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Last year, China’s chandelier exports jumped by +12% y-o-y to $9.9B, reaching the highest point ever. China’s share in the global chandelier exports is estimated at 74%. The U.S., followed by Germany and Canada, remains the largest chandelier importer, accounting for 31% of China’s export volume. The supplies to the U.S. and Canada soared, while shipments to Germany decreased slightly last year. The average chandelier export price rose by +16% y-o-y to $13 per unit in 2020.