Cote d'Ivoire: Chandelier Market 2025

Chandelier Market Size in Cote d'Ivoire

The Cote d'Ivoire's chandelier market declined remarkably to $X in 2022, falling by -25.5% 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). Overall, consumption, however, posted a prominent increase. As a result, consumption attained the peak level of $X, and then contracted dramatically in the following year.

Chandelier Exports

Exports from Cote d'Ivoire

In 2022, the amount of chandeliers exported from Cote d'Ivoire skyrocketed to X units, picking up by 17% compared with 2021. In general, exports, however, continue to indicate a abrupt decrease. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, chandelier exports fell modestly to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 770% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X units), Mali (X units) and Austria (X units) were the main destinations of chandelier exports from Cote d'Ivoire.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +180.2%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) emerged as the key foreign market for chandeliers exports from Cote d'Ivoire, comprising 87% of total exports. The second position in the ranking was held by Germany ($X), with a 25% share of total exports. It was followed by Austria, with a 20% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy stood at +49.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+237.4% per year) and Austria (+59.0% per year).

Export Prices by Country

The average chandelier export price stood at $X per unit in 2022, falling by -14.6% against the previous year. Overall, the export price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 36%. As a result, the export price reached the peak level of $X per unit, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+99.4%), while the prices for the other major destinations experienced more modest paces of growth.

Chandelier Imports

Imports into Cote d'Ivoire

In 2022, approx. X units of chandeliers were imported into Cote d'Ivoire; waning by -16.7% on the previous year. In general, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2019 when imports increased by 76%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, chandelier imports shrank markedly to $X in 2022. Overall, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 220% against the previous year. As a result, imports attained the peak of $X, and then fell dramatically in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of chandelier to Cote d'Ivoire, accounting for a 91% share of total imports. Moreover, chandelier imports from China exceeded the figures recorded by the second-largest supplier, Morocco (X units), threefold. The third position in this ranking was held by France (X units), with a 20% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (+25.1% per year) and France (+10.4% per year).

In value terms, the largest chandelier suppliers to Cote d'Ivoire were China ($X), France ($X) and Morocco ($X), with a combined 82% share of total imports. Turkey, Italy, Portugal and Spain lagged somewhat behind, together accounting for a further 22%.

Turkey, with a CAGR of +59.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chandelier import price stood at $X per unit in 2022, which is down by -21.2% against the previous year. Over the period under review, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 113%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform