Denmark: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in Denmark

The Danish spectacle non-plastic frame market skyrocketed to $X in 2021, picking up by 1,024% against the previous year. Over the period under review, consumption enjoyed a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Spectacle Non-Plastic Frame Production in Denmark

In value terms, spectacle non-plastic frame production skyrocketed to $X in 2021 estimated in export price. Over the period under review, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Spectacle Non-Plastic Frame Exports

Exports from Denmark

In 2021, the amount of non-plastic frames and mountings for spectacles and goggles exported from Denmark surged to X units, increasing by 29% compared with the previous year. The total export volume increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectacle non-plastic frame exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for spectacle non-plastic frame exports from Denmark, accounting for a 25% share of total exports. Moreover, spectacle non-plastic frame exports to Germany exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was taken by South Korea (X units), with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-4.4% per year) and South Korea (+33.2% per year).

In value terms, Germany ($X), the Netherlands ($X) and France ($X) constituted the largest markets for spectacle non-plastic frame exported from Denmark worldwide, with a combined 39% share of total exports. Sweden, South Korea, Belgium, the United States, Italy, Norway, China, Canada, Australia and the United Arab Emirates lagged somewhat behind, together comprising a further 38%.

In terms of the main countries of destination, South Korea, with a CAGR of +21.5%, recorded 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 2021, the average spectacle non-plastic frame export price amounted to $X per unit, falling by -1.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 32%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Italy ($X per unit), while the average price for exports to the United Arab Emirates ($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 the United States (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Non-Plastic Frame Imports

Imports into Denmark

In 2021, approx. X units of non-plastic frames and mountings for spectacles and goggles were imported into Denmark; rising by 20% compared with the previous year. The total import volume increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectacle non-plastic frame imports surged to $X in 2021. In general, imports saw a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2019; afterwards, it flattened through to 2021.

Imports by Country

Sweden (X units), Hungary (X units) and the Philippines (X units) were the main suppliers of spectacle non-plastic frame imports to Denmark, with a combined 79% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +229.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest spectacle non-plastic frame suppliers to Denmark were Sweden ($X), the Philippines ($X) and Hungary ($X), with a combined 62% share of total imports.

Hungary, with a CAGR of +207.7%, recorded 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, with an increase of 1.7% against the previous year. Overall, the import price, however, showed a mild contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 13% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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