Austria: Spectacle Glass Lenses Market 2024

Spectacle Glass Lenses Market Size in Austria

The Austrian spectacle glass lenses market reduced dramatically to $X in 2022, declining by -30.5% 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, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -34.9% against 2019 indices. Spectacle glass lenses consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Spectacle Glass Lenses Exports

Exports from Austria

Spectacle glass lenses exports from Austria reached X units in 2022, surging by 4.5% on the previous year. Over the period under review, exports, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2015 with an increase of 27%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, spectacle glass lenses exports expanded markedly to $X in 2022. In general, exports, however, showed a deep contraction. The growth pace was the most rapid in 2017 with an increase of 42% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units), the Czech Republic (X units) and Belgium (X units) were the main destinations of spectacle glass lenses exports from Austria, together comprising 71% of total exports. Switzerland, Spain, the United States, the Netherlands, Slovenia, Poland, Romania, Hungary and Croatia lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +74.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for spectacle glass lenses exported from Austria were Germany ($X), the Czech Republic ($X) and Belgium ($X), with a combined 70% share of total exports. The United States, Switzerland, Spain, the Netherlands, Slovenia, Poland, Romania, Hungary and Croatia lagged somewhat behind, together accounting for a further 24%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +70.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average spectacle glass lenses export price amounted to $X per unit, growing by 6.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2013 when the average export price increased by 25%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Slovenia ($X 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 Poland (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Glass Lenses Imports

Imports into Austria

In 2022, spectacle glass lenses imports into Austria contracted notably to X units, shrinking by -41.4% compared with 2021. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, spectacle glass lenses imports dropped to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest spectacle glass lenses supplier to Austria, with a 60% share of total imports. Moreover, spectacle glass lenses imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), threefold. China (X units) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+10.4% per year) and China (-10.9% per year).

In value terms, Germany ($X), the Czech Republic ($X) and China ($X) constituted the largest spectacle glass lenses suppliers to Austria, with a combined 94% share of total imports.

The Czech Republic, with a CAGR of +33.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average spectacle glass lenses import price stood at $X per unit in 2022, with an increase of 46% against the previous year. Over the period under review, the import price posted a strong expansion. The pace of growth was the most pronounced in 2020 an increase of 69% against the previous year. The import price peaked 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 the Czech Republic ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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