Ireland's Contact Lens Exports Slump Due to Lower Demand in Japan, the U.S. and China
Oct 11, 2021
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Ireland recorded an intense drop in contact lense exports owing to reduced demand from its major trade partners, Japan, the U.S and China. In value terms, exports fell from $1.4B in 2019 to $1.2B in 2020. The supplies to Japan, the U.S and China shrank by -3.2%, -15.8% and -4.1% y-o-y, respectively. The average export price for contact lenses from Ireland increased +5.9% y-o-y to $0.4 per unit last year.