Denmark: Spectacle Plastic Frame Market 2024

Spectacle Plastic Frame Market Size in Denmark

The Danish spectacle plastic frame market skyrocketed to $X in 2021, with an increase of 53% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable shrinkage. Spectacle plastic frame consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Spectacle Plastic Frame Production in Denmark

In value terms, spectacle plastic frame production surged to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt descent. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Spectacle Plastic Frame Exports

Exports from Denmark

In 2021, exports of plastic frames and mountings for spectacles and goggles from Denmark surged to X units, with an increase of 49% on the year before. In general, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, spectacle plastic frame exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +13.0% 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 2013 with an increase of 93%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

The United States (X units), France (X units) and Germany (X units) were the main destinations of spectacle plastic frame exports from Denmark, with a combined 43% share of total exports. These countries were followed by Australia, Sweden, the Netherlands, the UK, Finland, Japan, Italy, Austria, the Philippines and Poland, which together accounted for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +56.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the largest markets for spectacle plastic frame exported from Denmark worldwide, together comprising 42% of total exports. These countries were followed by the United States, Italy, the UK, Australia, Sweden, Japan, Austria, Finland, the Philippines and Poland, which together accounted for a further 33%.

The Philippines, with a CAGR of +57.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average spectacle plastic frame export price stood at $X per unit in 2021, waning by -6.2% against the previous year. Over the period under review, the export price saw a mild descent. The most prominent rate of growth was recorded in 2013 an increase of 43% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per unit), while the average price for exports to Sweden ($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 (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Spectacle Plastic Frame Imports

Imports into Denmark

In 2021, approx. X units of plastic frames and mountings for spectacles and goggles were imported into Denmark; picking up by 15% on 2020 figures. In general, imports, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2019 when imports increased by 33% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, spectacle plastic frame imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a mild setback. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The Philippines (X units), Italy (X units) and China (X units) were the main suppliers of spectacle plastic frame imports to Denmark, together comprising 52% of total imports. Taiwan (Chinese), Japan, Portugal, Germany, Sweden, Hong Kong SAR, the Netherlands and the UK lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +93.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Italy ($X) and the Philippines ($X) were the largest spectacle plastic frame suppliers to Denmark, together comprising 62% of total imports. These countries were followed by China, Portugal, Germany, Hong Kong SAR, Sweden, Taiwan (Chinese), the Netherlands and the UK, which together accounted for a further 31%.

Portugal, with a CAGR of +90.2%, 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 plastic frame import price amounted to $X per unit, surging by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2015 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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