Finland: Personal Spectacle Optics Market 2024

Personal Spectacle Optics Market Size in Finland

In 2022, the Finnish personal spectacle optics market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Personal Spectacle Optics Production in Finland

In value terms, personal spectacle optics production surged to $X in 2022 estimated in export price. Overall, production faced a abrupt decrease. Personal spectacle optics production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Personal Spectacle Optics Exports

Exports from Finland

In 2022, personal spectacle optics exports from Finland skyrocketed to X units, growing by X% against the previous year. Overall, exports continue to indicate a moderate increase. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, personal spectacle optics exports skyrocketed to $X in 2022. Over the period under review, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Estonia (X units) was the main destination for personal spectacle optics exports from Finland, accounting for a X% share of total exports. Moreover, personal spectacle optics exports to Estonia exceeded the volume sent to the second major destination, the United States (X units), fourfold. The third position in this ranking was taken by Lithuania (X units), with a X% share.

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

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

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

Export Prices by Country

In 2022, the average personal spectacle optics export price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price, however, enjoyed a temperate increase. The growth pace was the most rapid in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Lithuania ($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 Latvia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Spectacle Optics Imports

Imports into Finland

In 2022, after six years of decline, there was significant growth in overseas purchases of personal spectacle optics, when their volume increased by X% to X units. Overall, imports, however, recorded a noticeable reduction. Imports peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, personal spectacle optics imports rose remarkably to $X in 2022. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

China (X units), Sweden (X units) and Hungary (X units) were the main suppliers of personal spectacle optics imports to Finland, with a combined X% share of total imports. Estonia, Hong Kong SAR, Germany, Poland, Italy, Taiwan (Chinese), Austria, the United States, the Netherlands and France lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest personal spectacle optics suppliers to Finland were Estonia ($X), Hungary ($X) and Sweden ($X), together comprising X% of total imports.

Hungary, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average personal spectacle optics import price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price, however, showed a strong expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per unit in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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