EU: Glass Optical Elements Market 2020

Glass Optical Elements Market Size in the EU

The revenue of the glass optical elements market in the European Union amounted to $X in 2017, approximately reflecting the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014, with an increase of X% year-to-year. Over the period under review, the glass optical elements market reached its peak figure level in 2017, and is likely to continue its growth in the immediate term.

Glass Optical Elements Production in the EU

In 2017, glass optical elements production in the European Union totaled X units, approximately mirroring the previous year. The glass optical elements production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015, when the output figure increased by X% year-to-year. The volume of glass optical elements production peaked in 2017, and is likely to continue its growth in the immediate term.

Glass Optical Elements Exports in the EU

In 2017, approx. X units of signalling glassware and optical elements of glass were exported in the European Union; coming up by X% against the previous year. The glass optical elements exports continue to indicate a significant downturn. The pace of growth was the most pronounced in 2010, when exports increased by X% year-to-year. Over the period under review, the glass optical elements exports attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, glass optical elements exports stood at $X in 2017. The glass optical elements exports continue to indicate a moderate shrinkage. In that year, the glass optical elements exports reached their peak level of $X. From 2009 to 2017, growth of the glass optical elements exports failed to regain its momentum.

Glass Optical Elements Exports by Country in the EU

In 2017, the Czech Republic (X units) was the largest exporter for signalling glassware and optical elements of glass, making up X% of total exports. Spain (X units) held the second position in the ranking, distantly followed by Italy (X units), Germany (X units) and France (X units). All these countries together held near X% share of total exports. Poland (X units) followed a long way behind the leaders.

The Czech Republic was also the fastest growing in terms of the signalling glassware and optical elements of glass exports, with a CAGR of +X% from 2007 to 2017. Spain experienced a relatively flat trend pattern. Poland (-X%), France (-X%), Italy (-X%) and Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Germany, Italy and France increased by X%, X% and X% percentage points, while the Czech Republic (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Italy ($X) and Spain ($X) were the countries with the highest levels of exports in 2017, together comprising X% of total exports. These countries were followed by the Czech Republic, France and Poland, which together accounted for a further X%.

Among the main exporting countries , the Czech Republic (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Glass Optical Elements Export Prices by Country in the EU

The glass optical elements export price in the European Union stood at $X per thousand units in 2017, leveling off at the previous year. The glass optical elements export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when the export prices increased by X% year-to-year. Over the period under review, the export prices for signalling glassware and optical elements of glass attained its maximum level of $X per thousand units in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Germany ($X per thousand units), while the Czech Republic ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Germany (+X% per year), while the other leaders experienced more modest paces of growth.

Glass Optical Elements Imports in the EU

In 2017, approx. X units of signalling glassware and optical elements of glass were imported in the European Union; shrinking by -X% against the previous year. The glass optical elements imports continue to indicate a deep descent. The growth pace was the most rapid in 2013, with an increase of X% y-o-y. The volume of imports peaked of X units in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, glass optical elements imports stood at $X in 2017. The glass optical elements imports continue to indicate a deep setback. Over the period under review, the glass optical elements imports reached its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Glass Optical Elements Imports by Country in the EU

In 2017, Germany (X units), France (X units), Italy (X units) and the UK (X units) were the largest importers of signalling glassware and optical elements of glass in the European Union, mixed up X% of total import. Belgium (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by Spain (X%) and Sweden (X%). The Czech Republic (X units), Poland (X units), the Netherlands (X units), Austria (X units) and Romania (X units) took the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Sweden (+X% per year), while the other leaders experienced a decline in the imports figures.

In value terms, Germany ($X) constitutes the largest market for imported signalling glassware and optical elements of glass in the European Union, making up X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

In Germany, glass optical elements imports decreased by an average annual rate of -X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: France (-X% per year) and the UK (-X% per year).

Glass Optical Elements Import Prices by Country in the EU

The glass optical elements import price in the European Union stood at $X per thousand units in 2017, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. The level of import price peaked in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the Czech Republic ($X per thousand units), while Sweden ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Romania (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform