Estonia: Personal Spectacle Optics Market 2024

Personal Spectacle Optics Market Size in Estonia

The Estonian personal spectacle optics market soared to $X in 2022, jumping by X% against the previous year. Overall, consumption enjoyed buoyant growth. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Personal Spectacle Optics Production in Estonia

In value terms, personal spectacle optics production skyrocketed to $X in 2022 estimated in export price. Overall, production saw a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Personal Spectacle Optics Exports

Exports from Estonia

In 2022, personal spectacle optics exports from Estonia shrank to X units, declining by X% compared with the year before. In general, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, personal spectacle optics exports reduced to $X in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Finland (X units) was the main destination for personal spectacle optics exports from Estonia, with a X% share of total exports. It was followed by Lithuania (X units), with a X% share of total exports. The third position in this ranking was taken by Poland (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Finland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Poland (X% per year).

In value terms, Finland ($X) remains the key foreign market for personal spectacle optics exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Finland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2022, the average personal spectacle optics export price amounted to $X per unit, remaining stable against the previous year. Overall, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per unit), while the average price for exports to Poland ($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 Finland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Personal Spectacle Optics Imports

Imports into Estonia

In 2022, purchases abroad of personal spectacle optics decreased by X% to X units, falling for the fourth consecutive year after two years of growth. In general, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, personal spectacle optics imports totaled $X in 2022. Overall, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Poland (X units), Latvia (X units) and China (X units) were the main suppliers of personal spectacle optics imports to Estonia, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest personal spectacle optics suppliers to Estonia were Italy ($X), Finland ($X) and Poland ($X), with a combined X% share of total imports.

Poland, with a CAGR of X%, recorded 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 more modest paces of growth.

Import Prices by Country

In 2022, the average personal spectacle optics import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price showed a prominent expansion. The growth pace was the most rapid in 2019 an increase of X% 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 Italy ($X per unit), while the price for Taiwan (Chinese) ($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 Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform