EU: Personal Spectacle Optics Market 2024

Personal Spectacle Optics Market Size in the EU

The EU personal spectacle optics market fell to $X in 2022, which is down by X% against the previous year. Overall, consumption saw a noticeable curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Personal Spectacle Optics Production in the EU

In value terms, personal spectacle optics production dropped to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced setback. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Personal Spectacle Optics Exports

Exports in the EU

In 2022, approx. X units of personal spectacle optics were exported in the European Union; picking up by X% against the previous year. In general, exports, however, showed a slight contraction. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, personal spectacle optics exports rose sharply to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

In 2022, Italy (X units), distantly followed by Germany (X units), Poland (X units), the Netherlands (X units), France (X units), Belgium (X units), Hungary (X units) and Spain (X units) represented the main exporters of personal spectacle optics, together mixing up X% of total exports. The Czech Republic (X units), Slovakia (X units), Denmark (X units), Romania (X units) and Sweden (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest personal spectacle optics supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Italy totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, increasing by X% against the previous year. Overall, the export price saw resilient growth. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced more modest paces of growth.

Personal Spectacle Optics Imports

Imports in the EU

In 2022, overseas purchases of personal spectacle optics were finally on the rise to reach X units for the first time since 2017, thus ending a four-year declining trend. In general, imports, however, recorded a noticeable decrease. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, personal spectacle optics imports amounted to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X units), Germany (X units), Italy (X units), Spain (X units) and the Netherlands (X units) represented roughly X% of total imports in 2022. It was distantly followed by Sweden (X units) and Denmark (X units), together comprising a X% share of total imports. The following importers - Belgium (X units), Poland (X units), the Czech Republic (X units), Romania (X units), Greece (X units) and Austria (X units) - together made up X% of total imports.

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

In value terms, Italy ($X), France ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Spain, the Netherlands, Sweden, Belgium, Poland, Austria, Denmark, the Czech Republic, Greece and Romania lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the import price, however, recorded a buoyant increase. The growth pace was the most rapid in 2020 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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