Czech Republic: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in the Czech Republic

The Czech spectacle non-plastic frame market was finally on the rise to reach $X in 2021, after three years of decline. The market value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Spectacle Non-Plastic Frame Production in the Czech Republic

In value terms, spectacle non-plastic frame production expanded sharply to $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2017 with an increase of 71% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Spectacle Non-Plastic Frame Exports

Exports from the Czech Republic

After two years of decline, overseas shipments of non-plastic frames and mountings for spectacles and goggles increased by 11% to X units in 2021. In general, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2015 with an increase of 96% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, spectacle non-plastic frame exports skyrocketed to $X in 2021. Overall, total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 34%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Austria (X units), Germany (X units) and Slovakia (X units) were the main destinations of spectacle non-plastic frame exports from the Czech Republic, with a combined 85% share of total exports. These countries were followed by Ukraine and France, which together accounted for a further 5.2%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +42.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for spectacle non-plastic frame exported from the Czech Republic were Austria ($X), Germany ($X) and Slovakia ($X), with a combined 88% share of total exports. France and Ukraine lagged somewhat behind, together accounting for a further 4.9%.

Among the main countries of destination, France, with a CAGR of +69.4%, saw the highest rates of growth with regard to 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 2021, the average spectacle non-plastic frame export price amounted to $X per unit, surging by 9.9% against the previous year. Overall, the export price saw resilient growth. The pace of growth appeared the most rapid in 2020 an increase of 200%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Ukraine ($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 Slovakia (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Non-Plastic Frame Imports

Imports into the Czech Republic

In 2021, approx. X units of non-plastic frames and mountings for spectacles and goggles were imported into the Czech Republic; with an increase of 20% compared with 2020 figures. Over the period under review, imports, however, continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2015 with an increase of 256% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, spectacle non-plastic frame imports skyrocketed to $X in 2021. In general, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 43%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest supplier of spectacle non-plastic frame to the Czech Republic, with a 42% share of total imports. Moreover, spectacle non-plastic frame imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was held by Hong Kong SAR (X units), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.4% per year) and Hong Kong SAR (+23.9% per year).

In value terms, Germany ($X), China ($X) and Austria ($X) constituted the largest spectacle non-plastic frame suppliers to the Czech Republic, together accounting for 70% of total imports. Hong Kong SAR, Italy, Slovakia and France lagged somewhat behind, together comprising a further 23%.

Slovakia, with a CAGR of +48.8%, saw the highest rates of growth with regard to 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, increasing by 8% against the previous year. Overall, the import price showed a resilient increase. The pace of growth appeared the most rapid in 2016 an increase of 151%. The import price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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