Chandelier Market in Kazakhstan
Market Overview
The Kazakh chandelier market shrank to $
in , waning 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). Over the period under review, consumption, however, enjoyed a strong increase. Over the period under review, the market attained the maximum level at $ in , and then dropped in the following year.
In value terms, chandelier production expanded significantly to $ in estimated in export price. Overall, production showed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of %. Chandelier production peaked at $ in ; however, from to , production failed to regain momentum.
in , waning 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). Over the period under review, consumption, however, enjoyed a strong increase. Over the period under review, the market attained the maximum level at $ in , and then dropped in the following year.In value terms, chandelier production expanded significantly to $
in estimated in export price. Overall, production showed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of %. Chandelier production peaked at $ in ; however, from to , production failed to regain momentum.Consumption
In , the amount of chandeliers consumed in Kazakhstan reduced to units, waning by -% against the previous year's figure. Overall, the total consumption indicated a moderate increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Chandelier consumption peaked at units in , and then shrank in the following year.
The size of the chandelier market in Kazakhstan contracted to $ in , 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, however, continues to indicate a resilient increase. Chandelier consumption peaked at $ in , and then fell in the following year.
, the amount of chandeliers consumed in Kazakhstan reduced to units, waning by -% against the previous year's figure. Overall, the total consumption indicated a moderate increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Chandelier consumption peaked at units in , and then shrank in the following year.The size of the chandelier market in Kazakhstan contracted to $
in , 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, however, continues to indicate a resilient increase. Chandelier consumption peaked at $ in , and then fell in the following year.Market Forecast
Driven by increasing demand for chandeliers in Kazakhstan, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to units by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to units by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Chandelier market in Kazakhstan consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.Trade Balance
Kazakhstan remains a net importer of chandelier; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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