Report Update Nov 1, 2024

Finland - Plastic Frames and Mountings for Spectacles and Goggles - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Spectacle Plastic Frame Market 2024

Spectacle Plastic Frame Market Size in Finland

The Finnish spectacle plastic frame market skyrocketed to $X in 2021, growing by 96% against the previous year. In general, consumption, however, saw a pronounced shrinkage. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Spectacle Plastic Frame Production in Finland

In value terms, spectacle plastic frame production expanded modestly to $X in 2021 estimated in export price. In general, production, however, saw a precipitous shrinkage. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Spectacle Plastic Frame Exports

Exports from Finland

In 2021, overseas shipments of plastic frames and mountings for spectacles and goggles increased by 29% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 with an increase of 232%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, spectacle plastic frame exports surged to $X in 2021. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by 253%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Thailand (X units), Estonia (X units) and Russia (X units) were the main destinations of spectacle plastic frame exports from Finland, with a combined 96% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +21.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Estonia ($X) remains the key foreign market for plastic frames and mountings for spectacles and goggles exports from Finland, comprising 88% of total exports. The second position in the ranking was held by Thailand ($X), with an 8.6% share of total exports. It was followed by Lebanon, with a 1.4% share.

From 2012 to 2021, the average annual growth rate of value to Estonia amounted to +33.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-2.0% per year) and Lebanon (0.0% per year).

Export Prices by Country

In 2021, the average spectacle plastic frame export price amounted to $X per unit, approximately mirroring the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.4%. The pace of growth was the most pronounced in 2019 when the average export price increased by 32%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Estonia ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+405.4%), while the prices for the other major destinations experienced mixed trend patterns.

Spectacle Plastic Frame Imports

Imports into Finland

In 2021, purchases abroad of plastic frames and mountings for spectacles and goggles was finally on the rise to reach X units after six years of decline. Over the period under review, imports, however, showed a deep setback. Imports peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, spectacle plastic frame imports soared to $X in 2021. Overall, imports recorded a noticeable increase. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Sweden (X units), Italy (X units) and China (X units) were the main suppliers of spectacle plastic frame imports to Finland, with a combined 71% share of total imports. Estonia, Hungary, South Korea and the UK lagged somewhat behind, together comprising a further 25%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +226.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest spectacle plastic frame suppliers to Finland were Sweden ($X), Estonia ($X) and Italy ($X), with a combined 84% share of total imports.

Among the main suppliers, Estonia, with a CAGR of +225.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average spectacle plastic frame import price amounted to $X per unit, surging by 17% against the previous year. Overall, the import price recorded a buoyant increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 27% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plastic frames and mountings for spectacles and goggles in the world?

China remains the largest spectacle plastic frame consuming country worldwide, comprising approx. 33% of total volume. Moreover, spectacle plastic frame consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by Mexico, with a 7.4% share.

What are the largest producers of plastic frames and mountings for spectacles and goggles in the world?

China constituted the country with the largest volume of spectacle plastic frame production, comprising approx. 68% of total volume. Moreover, spectacle plastic frame production in China exceeded the figures recorded by the second-largest producer, Hong Kong SAR, eightfold. The third position in this ranking was occupied by Italy, with a 5.3% share.

What are the leading suppliers of plastic frames and mountings for spectacles and goggles to Finland?

In value terms, Sweden, Estonia and Italy constituted the largest spectacle plastic frame suppliers to Finland, together accounting for 84% of total imports.

What are the leading importers of plastic frames and mountings for spectacles and goggles from Finland?

In value terms, Estonia remains the key foreign market for spectacle plastic frame exports from Finland, comprising 88% of total exports. The second position in the ranking was occupied by Thailand, with an 8.6% share of total exports. It was followed by Lebanon, with a 1.4% share.

What is the average export price for plastic frames and mountings for spectacles and goggles in Finland?

In 2021, the average spectacle plastic frame export price amounted to $40 per unit, surging by 13% against the previous year.

What is the average import price for plastic frames and mountings for spectacles and goggles in Finland?

In 2021, the average spectacle plastic frame import price amounted to $46 per unit, surging by 16% against the previous year.

This report provides an in-depth analysis of the spectacle plastic frame market in Finland. 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 32504350 - Plastic frames and mountings for spectacles, goggles or the like

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
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
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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