France: Ophthalmic Instruments Market 2024

Ophthalmic Instruments Market Size in France

The French ophthalmic instruments market surged to $X in 2021, picking up by 43% against the previous year. The market value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ophthalmic Instruments Production in France

In value terms, ophthalmic instruments production rose sharply to $X in 2021 estimated in export price. In general, production, however, continues to indicate a perceptible decline. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Ophthalmic Instruments Exports

Exports from France

Ophthalmic instruments exports from France surged to X tons in 2021, increasing by 15% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when exports increased by 33%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, ophthalmic instruments exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.7% over the period 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

The UK (X tons), Italy (X tons) and Germany (X tons) were the main destinations of ophthalmic instruments exports from France, together accounting for 23% of total exports. Spain, Belgium, the Czech Republic, Australia, the United States, Switzerland, the Netherlands, Mexico, Colombia and Turkey lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of +50.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ophthalmic instruments exported from France were Germany ($X), Italy ($X) and the United States ($X), with a combined 25% share of total exports. Spain, the Netherlands, the UK, Belgium, Australia, Turkey, Mexico, Switzerland, Colombia and the Czech Republic lagged somewhat behind, together accounting for a further 31%.

In terms of the main countries of destination, Colombia, with a CAGR of +48.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average ophthalmic instruments export price amounted to $X per ton, remaining constant against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 14% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Ophthalmic Instruments Imports

Imports into France

In 2021, the amount of ophthalmic instruments and appliances imported into France surged to X tons, rising by 41% compared with 2020 figures. In general, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +50.5% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ophthalmic instruments imports soared to $X in 2021. The total import value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest ophthalmic instruments supplier to France, accounting for a 42% share of total imports. Moreover, ophthalmic instruments imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was held by Mexico (X tons), with a 9.2% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to +54.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.4% per year) and Mexico (+128.7% per year).

In value terms, the Netherlands ($X), the United States ($X) and Germany ($X) appeared to be the largest ophthalmic instruments suppliers to France, together accounting for 49% of total imports. These countries were followed by Israel, Japan, Belgium, China, Switzerland, Mexico, Italy, South Korea, the UK and Turkey, which together accounted for a further 47%.

Mexico, with a CAGR of +107.4%, saw 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 ophthalmic instruments import price stood at $X per ton in 2021, shrinking by -14.2% against the previous year. In general, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 3.2% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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