Austria: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in Austria

The Austrian spectacle non-plastic frame market skyrocketed to $X in 2021, jumping by 15% against the previous year. Over the period under review, consumption saw a buoyant increase. Spectacle non-plastic frame consumption peaked in 2021 and is likely to see steady growth in the near future.

Spectacle Non-Plastic Frame Production in Austria

In value terms, spectacle non-plastic frame production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production showed a resilient expansion. The pace of growth was the most pronounced in 2013 when the production volume increased by 96% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Spectacle Non-Plastic Frame Exports

Exports from Austria

In 2021, after three years of decline, there was significant growth in shipments abroad of non-plastic frames and mountings for spectacles and goggles, when their volume increased by 64% to X units. In general, exports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of 64%. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, spectacle non-plastic frame exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a pronounced contraction. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Romania (X units), the United States (X units) and Germany (X units) were the main destinations of spectacle non-plastic frame exports from Austria, with a combined 54% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +47.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for non-plastic frames and mountings for spectacles and goggles exports from Austria, comprising 33% of total exports. The second position in the ranking was held by Germany ($X), with a 13% share of total exports. It was followed by the Czech Republic, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled -1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-2.1% per year) and the Czech Republic (-9.5% per year).

Export Prices by Country

In 2021, the average spectacle non-plastic frame export price amounted to $X per unit, dropping by -20.3% against the previous year. Overall, the export price, however, saw a prominent increase. The growth pace was the most rapid in 2020 when the average export price increased by 210% against the previous year. As a result, the export price reached the peak level of $X per unit, and then shrank remarkably in the following year.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Non-Plastic Frame Imports

Imports into Austria

In 2021, overseas purchases of non-plastic frames and mountings for spectacles and goggles increased by 8.9% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, saw a pronounced descent. The pace of growth was the most pronounced in 2013 with an increase of 19% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, spectacle non-plastic frame imports soared to $X in 2021. Overall, imports, however, saw a mild curtailment. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), the Czech Republic (X units) and China (X units) were the main suppliers of spectacle non-plastic frame imports to Austria, together comprising 80% of total imports. These countries were followed by France, Italy, the Netherlands and Japan, which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +43.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest spectacle non-plastic frame suppliers to Austria were the Czech Republic ($X), Germany ($X) and France ($X), with a combined 82% share of total imports. These countries were followed by China, Italy, the Netherlands and Japan, which together accounted for a further 13%.

The Netherlands, with a CAGR of +58.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average spectacle non-plastic frame import price amounted to $X per unit, picking up by 12% against the previous year. Overall, import price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, spectacle non-plastic frame import price increased by +82.9% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 58% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the Czech Republic ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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