Benelux: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in Benelux

The Benelux spectacle non-plastic frame market dropped modestly to $X in 2021, stabilizing at the previous year. The market value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2020, and then contracted slightly in the following year.

Spectacle Non-Plastic Frame Production in Benelux

In value terms, spectacle non-plastic frame production contracted significantly to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2019 when the production volume increased by 871% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Spectacle Non-Plastic Frame Exports

Exports in Benelux

In 2021, spectacle non-plastic frame exports in Benelux skyrocketed to X units, with an increase of 20% on the year before. Over the period under review, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2016 with an increase of 75%. The volume of export peaked in 2021 and is likely to see steady growth in the near future.

In value terms, spectacle non-plastic frame exports rose remarkably to $X in 2021. Total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -7.2% against 2019 indices. The pace of growth was the most pronounced in 2016 when exports increased by 45% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, the Netherlands (X units) was the key exporter of non-plastic frames and mountings for spectacles and goggles, making up 89% of total exports. It was distantly followed by Belgium (X units), mixing up a 10% share of total exports.

The Netherlands was also the fastest-growing in terms of the non-plastic frames and mountings for spectacles and goggles exports, with a CAGR of +29.9% from 2012 to 2021. Belgium (-2.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands increased by +53 percentage points.

In value terms, the Netherlands ($X) remains the largest spectacle non-plastic frame supplier in Benelux, comprising 76% of total exports. The second position in the ranking was held by Belgium ($X), with a 22% share of total exports.

In the Netherlands, spectacle non-plastic frame exports expanded at an average annual rate of +13.7% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per unit, dropping by -5.4% against the previous year. In general, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2018 when the export price increased by 10%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+1.0%).

Spectacle Non-Plastic Frame Imports

Imports in Benelux

In 2021, imports of non-plastic frames and mountings for spectacles and goggles in Benelux skyrocketed to X units, picking up by 20% compared with the previous year's figure. Total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +9.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +15.8% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 22% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, spectacle non-plastic frame imports surged to $X in 2021. Total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by 39% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the near future.

Imports by Country

The Netherlands represented the largest importing country with an import of around X units, which resulted at 82% of total imports. It was distantly followed by Belgium (X units), committing a 17% share of total imports.

The Netherlands was also the fastest-growing in terms of the non-plastic frames and mountings for spectacles and goggles imports, with a CAGR of +12.8% from 2012 to 2021. At the same time, Belgium (+1.8%) displayed positive paces of growth. While the share of the Netherlands (+19 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-16.1 p.p.) displayed negative dynamics.

In value terms, the largest spectacle non-plastic frame importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

In terms of the main importing countries, Belgium, with a CAGR of +9.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2021, shrinking by -3.1% against the previous year. In general, the import price saw a mild decline. The most prominent rate of growth was recorded in 2018 when the import price increased by 14% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.3%).

Source: IndexBox Platform