Chandelier Market Overview in Estonia
In value terms, chandelier production declined modestly to $ in 2019 estimated in export prices. In general, production recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of % year-to-year. Estonia production peaked at $ in 2017; however, from 2018 to 2019, production failed to regain the momentum.
The size of the chandelier market in Estonia shrank slightly to $ in 2019, dropping by -% 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). In general, consumption saw a abrupt contraction. The pace of growth appeared the most rapid in 2008 with an increase of % year-to-year. Over the period under review, the market attained the peak level at $ in 2009; however, from 2010 to 2019, consumption stood at a somewhat lower figure.