Eastern Europe: Chandelier Market 2025

Chandelier Market Size in Eastern Europe

After two years of decline, the East European chandelier market increased by 4.3% to $X in 2022. In general, consumption saw a resilient increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Chandelier Production in Eastern Europe

In value terms, chandelier production surged to $X in 2022 estimated in export price. In general, production, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by 563%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Chandelier Exports

Exports by Country

Poland was the main exporting country with an export of about X units, which amounted to 38% of total exports. Hungary (X units) held a 17% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (14%), Estonia (6.2%), Romania (5.8%) and Slovakia (4.6%). Bulgaria (X units) followed a long way behind the leaders.

Poland experienced a relatively flat trend pattern with regard to volume of exports of chandeliers. At the same time, Estonia (+1.3%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +1.3% from 2020-2022. By contrast, Bulgaria (-2.4%), the Czech Republic (-5.1%), Slovakia (-5.9%), Hungary (-7.0%) and Romania (-8.4%) illustrated a downward trend over the same period. While the share of Poland (+2.2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest chandelier supplier in Eastern Europe, comprising 39% of total exports. The second position in the ranking was taken by Hungary ($X), with a 17% share of total exports. It was followed by the Czech Republic, with a 14% share.

In Poland, chandelier exports increased at an average annual rate of +8.2% over the period from 2020-2022. In the other countries, the average annual rates were as follows: Hungary (-0.4% per year) and the Czech Republic (+2.1% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, dropping by -13.9% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +7.9%. The pace of growth appeared the most rapid in 2021 when the export price increased by 35%. As a result, the export price attained the peak level of $X per unit, and then fell in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Estonia ($X per unit) and Poland ($X per unit), while Hungary ($X per unit) and Romania ($X per unit) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+8.7%), while the other leaders experienced more modest paces of growth.

Chandelier Imports

Imports in Eastern Europe

In 2022, purchases abroad of chandeliers was finally on the rise to reach X units after two years of decline. Overall, imports showed strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by 75%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, chandelier imports dropped to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.4% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, Poland (X units) and Russia (X units) represented the key importers of chandeliers in Eastern Europe, together accounting for approx. 51% of total imports. Hungary (X units) held a 10% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (9%) and Romania (7.3%). The following importers - Slovakia (X units), Ukraine (X units), Bulgaria (X units), Lithuania (X units), Belarus (X units), Estonia (X units) and Latvia (X units) - together made up 21% of total imports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +22.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chandelier importing markets in Eastern Europe were Russia ($X), Poland ($X) and Hungary ($X), together comprising 63% of total imports. The Czech Republic, Romania, Slovakia, Bulgaria, Lithuania, Belarus, Ukraine, Estonia and Latvia lagged somewhat behind, together comprising a further 36%.

Bulgaria, with a CAGR of +12.9%, saw the highest growth rate of 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

In 2022, the import price in Eastern Europe amounted to $X per unit, falling by -34.7% against the previous year. Overall, the import price saw a abrupt contraction. The growth pace was the most rapid in 2021 when the import price increased by 113%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-7.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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