Report Update Nov 1, 2024

Thailand - Chandeliers - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Chandelier Market 2024

Chandelier Market Size in Thailand

The Thai chandelier market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption showed prominent growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Chandelier Exports

Exports from Thailand

In 2022, overseas shipments of chandeliers decreased by -18.4% to X units for the first time since 2011, thus ending a ten-year rising trend. Overall, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. As a result, the exports reached the peak of X units, and then dropped significantly in the following year.

In value terms, chandelier exports dropped markedly to $X in 2022. Over the period under review, exports, however, enjoyed slight growth. The pace of growth appeared the most rapid in 2021 when exports increased by 114% against the previous year. As a result, the exports attained the peak of $X, and then contracted sharply in the following year.

Exports by Country

The United States (X units) was the main destination for chandelier exports from Thailand, accounting for a 1,613% share of total exports. Moreover, chandelier exports to the United States exceeded the volume sent to the second major destination, Cambodia (X units), more than tenfold. Lao People's Democratic Republic (X units) ranked third in terms of total exports with a 58% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +51.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (+11.4% per year) and Lao People's Democratic Republic (-5.8% per year).

In value terms, the United States ($X) remains the key foreign market for chandeliers exports from Thailand, comprising 44% of total exports. The second position in the ranking was taken by Australia ($X), with a 6% share of total exports. It was followed by Vietnam, with a 3.4% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +30.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-3.2% per year) and Vietnam (-3.4% per year).

Export Prices by Country

The average chandelier export price stood at $X per unit in 2022, falling by -10.1% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The pace of growth was the most pronounced in 2021 an increase of 35%. As a result, the export price reached the peak level of $X per unit, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Gabon ($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 Oman (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.

Chandelier Imports

Imports into Thailand

In 2022, supplies from abroad of chandeliers was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of 55%. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, chandelier imports reached $X in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.6% 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 +27.8% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 24%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main supplier of chandelier to Thailand, with a 130% share of total imports. It was followed by Malaysia (X units), with a 0.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +2.1%.

In value terms, China ($X) constituted the largest supplier of chandeliers to Thailand, comprising 72% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +5.2%.

Import Prices by Country

The average chandelier import price stood at $X per unit in 2022, dropping by -21.2% against the previous year. In general, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 113%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+17.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chandeliers in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 54% of global consumption.

What are the largest producers of chandeliers in the world?

China remains the largest chandelier producing country worldwide, comprising approx. 58% of total volume. Moreover, chandelier production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The United States ranked third in terms of total production with a 7% share.

What are the leading suppliers of chandeliers to Thailand?

In value terms, China constituted the largest supplier of chandelier to Thailand, comprising 88% of total imports. The second position in the ranking was occupied by Germany, with a 2.6% share of total imports.

What are the leading importers of chandeliers from Thailand?

In value terms, the United States remains the key foreign market for chandelier exports from Thailand, comprising 73% of total exports. The second position in the ranking was occupied by Japan, with a 4.7% share of total exports. It was followed by Australia, with a 3.6% share.

What is the average export price for chandeliers in Thailand?

The average chandelier export price stood at $27 per unit in 2021, jumping by 17% against the previous year.

What is the average import price for chandeliers in Thailand?

The average chandelier import price stood at $15 per unit in 2021, increasing by 18% against the previous year.

This report provides an in-depth analysis of the chandelier market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27402500 - Chandeliers and other electric ceiling or wall lighting fittings (excluding those used for lighting public open spaces or thoroughfares)

Country coverage:

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023