Europe: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in Europe

The Europe spectacle non-plastic frame market skyrocketed to $X in 2021, surging by 17% against the previous year. The market value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Spectacle Non-Plastic Frame Production in Europe

In value terms, spectacle non-plastic frame production rose markedly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by 27%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Spectacle Non-Plastic Frame Exports

Exports in Europe

In 2021, exports of non-plastic frames and mountings for spectacles and goggles in Europe soared to X units, picking up by 42% on 2020 figures. Total exports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +67.9% against 2014 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, spectacle non-plastic frame exports surged to $X in 2021. The total export value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Italy (X units) represented the major exporter of non-plastic frames and mountings for spectacles and goggles, constituting 53% of total exports. It was distantly followed by France (X units) and the Netherlands (X units), together achieving a 25% share of total exports. Germany (X units), Sweden (X units), Denmark (X units) and Spain (X units) took a little share of total exports.

Exports from Italy increased at an average annual rate of +6.5% from 2012 to 2021. At the same time, the Netherlands (+29.9%), Sweden (+12.9%), Spain (+11.6%), France (+5.6%) and Denmark (+3.5%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Europe, with a CAGR of +29.9% from 2012-2021. By contrast, Germany (-10.1%) illustrated a downward trend over the same period. Italy (+11 p.p.), the Netherlands (+11 p.p.) and France (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while Germany saw its share reduced by -10% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest spectacle non-plastic frame supplier in Europe, comprising 45% of total exports. The second position in the ranking was taken by Germany ($X), with a 10% share of total exports. It was followed by France, with a 7.7% share.

In Italy, spectacle non-plastic frame exports increased at an average annual rate of +4.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-2.7% per year) and France (-5.9% per year).

Export Prices by Country

In 2021, the export price in Europe amounted to $X per unit, reducing by -4.5% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2013 an increase of 11% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.3%), while the other leaders experienced more modest paces of growth.

Spectacle Non-Plastic Frame Imports

Imports in Europe

In 2021, spectacle non-plastic frame imports in Europe skyrocketed to X units, jumping by 15% on the previous year. In general, imports recorded a modest expansion. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, spectacle non-plastic frame imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the seven major importers of non-plastic frames and mountings for spectacles and goggles, namely Italy, France, the Netherlands, Germany, Spain, the UK and Russia, represented more than two-thirds of total import. Denmark (X units), Belgium (X units), Poland (X units), Sweden (X units) and Hungary (X units) took a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hungary (with a CAGR of +13.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest spectacle non-plastic frame importing markets in Europe were Italy ($X), France ($X) and Germany ($X), with a combined 50% share of total imports. These countries were followed by the Netherlands, Spain, Belgium, the UK, Sweden, Poland, Denmark, Russia and Hungary, which together accounted for a further 33%.

Hungary, with a CAGR of +19.4%, saw the highest rates of growth with regard to the value of imports, among 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

In 2021, the import price in Europe amounted to $X per unit, increasing by 6.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2020 when the import price increased by 13% against the previous year. Over the period under review, import prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+11.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform