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U.S. - Lighting Sets For Christmas Trees - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Lighting Set for Christmas Trees in the United States - 2023
Contents:
- Price for Lighting Set for Christmas Trees in the United States (CIF) - 2022
- Price for Lighting Set for Christmas Trees in the United States (FOB) - 2022
- Imports of Lighting Set for Christmas Trees in the United States
- Exports of Lighting Set for Christmas Trees in the United States
Price for Lighting Set for Christmas Trees in the United States (CIF) - 2022
In 2022, the average import price for lighting sets for christmas trees amounted to $3.8 per unit, growing by 19% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +9.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lighting set for christmas trees import price increased by +19.9% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 73% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3.4 per unit), while the price for Vietnam ($2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lighting Set for Christmas Trees in the United States (FOB) - 2022
The average export price for lighting sets for christmas trees stood at $18 per unit in 2022, rising by 51% against the previous year. Overall, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 116%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($22 per unit), while the average price for exports to Mexico ($8.1 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 the Dominican Republic (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lighting Set for Christmas Trees in the United States
In 2022, lighting set for christmas trees imports into the United States dropped to 145M units, falling by -14.7% compared with the previous year. In general, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 9.5%. As a result, imports attained the peak of 169M units, and then declined in the following year.
In value terms, lighting set for christmas trees imports totaled $556M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
Import of Lighting Set for Christmas Trees in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cambodia | 237 | 278 | 341 | 301 | 8.3% |
China | 141 | 86.3 | 71.1 | 86.7 | -15.0% |
Philippines | 84.8 | 65.4 | 86.3 | 76.2 | -3.5% |
Mexico | 24.2 | 23.7 | 30.9 | 27.3 | 4.1% |
Indonesia | 11.2 | 5.3 | 7.1 | 6.9 | -14.9% |
Vietnam | 1.7 | 2.7 | 7.0 | 6.2 | 53.9% |
Others | 3.0 | 0.6 | 5.1 | 51.9 | 158.6% |
Total | 503 | 462 | 548 | 556 | 3.4% |
Top Suppliers of Lighting Set for Christmas Trees to the United States in 2022:
- Cambodia (93.9M units)
- China (25.3M units)
- Philippines (25.0M units)
- Mexico (11.5M units)
- Indonesia (3.3M units)
- Vietnam (3.1M units)
Exports of Lighting Set for Christmas Trees in the United States
In 2022, exports of lighting sets for christmas trees from the United States skyrocketed to 650K units, with an increase of 79% against 2021. In general, exports, however, recorded a abrupt curtailment. Over the period under review, the exports attained the maximum at 927K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, lighting set for christmas trees exports surged to $11M in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Lighting Set for Christmas Trees in the United States (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 1,556 | 1,497 | 1,421 | 1,332 | -5.0% |
Mexico | 897 | 91.8 | 366 | 403 | -23.4% |
Dominican Republic | 113 | 50.5 | 189 | 173 | 15.3% |
United Arab Emirates | 15.9 | 12.0 | 187 | 172 | 121.2% |
Colombia | 231 | 38.2 | 175 | 161 | -11.3% |
Trinidad and Tobago | 184 | 24.1 | 171 | 157 | -5.2% |
Cayman Islands | 207 | 114 | 168 | 154 | -9.4% |
Costa Rica | 113 | 133 | 135 | 124 | 3.1% |
Guatemala | 87.0 | 87.8 | 114 | 104 | 6.1% |
Barbados | 109 | 71.3 | 107 | 97.8 | -3.5% |
Panama | 153 | 104 | 70.3 | 97.4 | -14.0% |
El Salvador | 102 | 31.6 | 66.5 | 60.9 | -15.8% |
Others | 865 | 553 | 1,061 | 8,370 | 113.1% |
Total | 4,633 | 2,810 | 4,231 | 11,406 | 35.0% |
Top Export Markets for Lighting Set for Christmas Trees from the United States in 2022:
- Canada (132.7K units)
- Mexico (49.6K units)
- Cayman Islands (14.7K units)
- Colombia (13.0K units)
- Trinidad and Tobago (11.9K units)
- United Arab Emirates (10.4K units)
- Barbados (10.0K units)
- Panama (9.2K units)
- Costa Rica (8.9K units)
- Dominican Republic (7.7K units)
- Guatemala (6.9K units)
- El Salvador (6.4K units)
This report provides an in-depth analysis of the market for lighting set for christmas trees in the U.S.. 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 27403200 - Lighting sets for Christmas trees
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This year, Americans have to pay more for Christmas lights, as the average import price for lighting sets soared by 7% compared to the figures of 2020, reaching $3.08 per unit. The reduction in global production of lighting decorations and skyrocketed freight rates, combined with the increased cost of raw materials and energy resources, led to this spike in prices. Throughout January-October 2021, U.S.Christmas lighting set imports totalled $511M, 10% more than in the same period a year earlier. In physical terms, the volume of supplies remained nearly unchanged against 2020’s figures, while shipment from China reduced significantly.
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This year, Americans have to pay more for Christmas lights, as the average import price for lighting sets soared by 7% compared to the figures of 2020, reaching $3.08 per unit. The reduction in global production of lighting decorations and skyrocketed freight rates, combined with the increased cost of raw materials and energy resources, led to this spike in prices. Throughout January-October 2021, U.S.Christmas lighting set imports totalled $511M, 10% more than in the same period a year earlier. In physical terms, the volume of supplies remained nearly unchanged against 2020’s figures, while shipment from China reduced significantly.
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