France: Spectacle Plastic Frame Market 2024

Spectacle Plastic Frame Market Size in France

In 2021, the French spectacle plastic frame market increased by 19% to $X for the first time since 2017, thus ending a three-year declining trend. In general, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -28.2% against 2017 indices. Spectacle plastic frame consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Spectacle Plastic Frame Production in France

In value terms, spectacle plastic frame production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Spectacle Plastic Frame Exports

Exports from France

In 2021, shipments abroad of plastic frames and mountings for spectacles and goggles increased by 49% to X units, rising for the second consecutive year after three years of decline. Over the period under review, total exports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +75.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectacle plastic frame exports expanded notably to $X in 2021. Overall, exports, however, continue to indicate a pronounced shrinkage. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X units), the United States (X units) and Germany (X units) were the main destinations of spectacle plastic frame exports from France, together comprising 41% of total exports. These countries were followed by the Netherlands, Belgium, Spain, Luxembourg, Canada, Switzerland, Poland, Thailand, the UK and Sweden, which together accounted for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of +36.7%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for plastic frames and mountings for spectacles and goggles exports from France, comprising 30% of total exports. The second position in the ranking was taken by the United States ($X), with an 11% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-10.1% per year) and Germany (-0.2% per year).

Export Prices by Country

The average spectacle plastic frame export price stood at $X per unit in 2021, which is down by -24.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 an increase of 17%. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Italy ($X per unit), while the average price for exports to Spain ($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 Italy (-2.2%), while the prices for the other major destinations experienced a decline.

Spectacle Plastic Frame Imports

Imports into France

In 2021, supplies from abroad of plastic frames and mountings for spectacles and goggles increased by 6.5% to X units, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 35% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, spectacle plastic frame imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest spectacle plastic frame supplier to France, with a 53% share of total imports. Moreover, spectacle plastic frame imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. Belgium (X units) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-2.0% per year) and Belgium (+27.5% per year).

In value terms, Italy ($X), China ($X) and the Netherlands ($X) were the largest spectacle plastic frame suppliers to France, together comprising 88% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +82.5%, recorded 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 24% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, spectacle plastic frame import price decreased by -30.3% against 2016 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 31%. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per unit), while the price for Belgium ($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 Netherlands (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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