EU: Market for Lighting Sets For Christmas Trees 2024

Market Size for Lighting Sets For Christmas Trees in the EU

The EU market for lighting sets for christmas trees fell remarkably to $X in 2022, which is down by -17.8% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Lighting Sets For Christmas Trees in the EU

In value terms, lighting set for christmas trees production rose notably to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by 53% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Lighting Sets For Christmas Trees

Exports in the EU

In 2022, after four years of growth, there was significant decline in shipments abroad of lighting sets for christmas trees, when their volume decreased by -12.8% to X units. Total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.9% against 2017 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. As a result, the exports reached the peak of X units, and then reduced in the following year.

In value terms, lighting set for christmas trees exports declined notably to $X in 2022. In general, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year. As a result, the exports reached the peak of $X, and then shrank sharply in the following year.

Exports by Country

In 2022, the Netherlands (X units) represented the major exporter of lighting sets for christmas trees, comprising 52% of total exports. It was distantly followed by Germany (X units), Poland (X units) and Belgium (X units), together generating a 24% share of total exports. The following exporters - Sweden (X units), Spain (X units), Hungary (X units), the Czech Republic (X units), Greece (X units), France (X units), Italy (X units) and Austria (X units) - together made up 17% of total exports.

From 2012 to 2022, average annual rates of growth with regard to lighting set for christmas trees exports from the Netherlands stood at +14.4%. At the same time, Poland (+26.3%), the Czech Republic (+11.6%), Spain (+10.1%), Greece (+8.6%), Italy (+7.2%) and Germany (+4.7%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +26.3% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Sweden (-1.2%), Austria (-1.7%), Hungary (-2.5%) and Belgium (-3.9%) illustrated a downward trend over the same period. While the share of the Netherlands (+26 p.p.) and Poland (+5.3 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of France (-1.6 p.p.), Austria (-1.9 p.p.), Germany (-2.2 p.p.), Hungary (-3.3 p.p.), Sweden (-3.7 p.p.) and Belgium (-10 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest lighting set for christmas trees supplier in the European Union, comprising 47% of total exports. The second position in the ranking was taken by Germany ($X), with an 11% share of total exports. It was followed by Poland, with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands stood at +16.5%. In the other countries, the average annual rates were as follows: Germany (+3.0% per year) and Poland (+33.4% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, falling by -7.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by 20% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.5%), while the other leaders experienced more modest paces of growth.

Imports of Lighting Sets For Christmas Trees

Imports in the EU

In 2022, supplies from abroad of lighting sets for christmas trees decreased by -12.6% to X units for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 17%. As a result, imports reached the peak of X units, and then reduced in the following year.

In value terms, lighting set for christmas trees imports shrank significantly to $X in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of $X, and then dropped markedly in the following year.

Imports by Country

The Netherlands (X units) and Germany (X units) represented the largest importers of lighting sets for christmas trees in 2022, finishing at near 26% and 21% of total imports, respectively. Italy (X units) held the next position in the ranking, followed by Poland (X units) and Belgium (X units). All these countries together held approx. 22% share of total imports. Sweden (X units), Greece (X units), Romania (X units), Ireland (X units), Denmark (X units), Austria (X units), the Czech Republic (X units) and Spain (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Greece (with a CAGR of +11.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lighting set for christmas trees importing markets in the European Union were the Netherlands ($X), Germany ($X) and Italy ($X), together comprising 57% of total imports. Poland, Belgium, Sweden, Austria, Ireland, Denmark, Romania, Greece, Spain and the Czech Republic lagged somewhat behind, together comprising a further 35%.

In terms of the main importing countries, the Czech Republic, with a CAGR of +11.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, falling by -6.3% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 12%. Over the period under review, import prices reached the peak figure at $X per unit in 2015; however, from 2016 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 Austria ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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