Report Update Nov 1, 2024

Estonia - Spectacle Lenses of Glass or Other Materials - Market Analysis, Forecast, Size, Trends and Insights

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Estonia: Spectacle Glass Lenses Market 2024

Spectacle Glass Lenses Market Size in Estonia

In 2022, the Estonian spectacle glass lenses market increased by 4.8% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption posted a significant increase. Spectacle glass lenses consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Spectacle Glass Lenses Production in Estonia

In value terms, spectacle glass lenses production stood at $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a strong expansion. The growth pace was the most rapid in 2018 when the production volume increased by 63% against the previous year. Spectacle glass lenses production peaked at $X in 2020; afterwards, it flattened through to 2022.

Spectacle Glass Lenses Exports

Exports from Estonia

Spectacle glass lenses exports from Estonia fell to X units in 2022, reducing by -13.1% against 2021. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2014 when exports increased by 28,515%. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, spectacle glass lenses exports reduced to $X in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 77,732%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Finland (X units) was the main destination for spectacle glass lenses exports from Estonia, with a approx. 99% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Finland amounted to -19.0%.

In value terms, Finland ($X) also remains the key foreign market for spectacle lenses of glass or other materials exports from Estonia.

From 2013 to 2022, the average annual growth rate of value to Finland amounted to +366.1%.

Export Prices by Country

In 2022, the average spectacle glass lenses export price amounted to $X per unit, growing by 2.4% against the previous year. In general, the export price saw a strong increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 172%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Finland.

From 2013 to 2022, the rate of growth in terms of prices for Finland amounted to +3.0% per year.

Spectacle Glass Lenses Imports

Imports into Estonia

In value terms, spectacle glass lenses imports shrank slightly to $X in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2014 when imports increased by 1,363% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of spectacle glass lenses to Estonia, with a 69% share of total imports. Moreover, spectacle glass lenses imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), fourfold. Thailand (X units) ranked third in terms of total imports with a 6% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +61.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+83.7% per year) and Thailand (+4.4% per year).

In value terms, Germany ($X) constituted the largest supplier of spectacle lenses of glass or other materials to Estonia, comprising 55% of total imports. The second position in the ranking was held by France ($X), with a 24% share of total imports. It was followed by Thailand, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +36.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+67.0% per year) and Thailand (+13.9% per year).

Import Prices by Country

In 2022, the average spectacle glass lenses import price amounted to $X per unit, falling by -11.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 109% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

This report provides an in-depth analysis of the spectacle glass lenses market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32504153 - Unmounted spectacle lenses other than for the correction of vision
Prodcom 32504155 - Unmounted single focal spectacle lenses for the correction of vision, with both sides finished
Prodcom 32504159 - Unmounted spectacle lenses for the correction of vision, with both sides finished other than single focal lenses
Prodcom 32504170 - Unmounted spectacle lenses for the correction of vision, other than those with both sides finished

Country coverage:

Estonia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Estonia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023