France: Spectacle Glass Lenses Market 2024

Spectacle Glass Lenses Market Size in France

The French spectacle glass lenses market contracted to $X in 2022, dropping by -7.7% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Spectacle Glass Lenses Production in France

In value terms, spectacle glass lenses production fell to $X in 2022 estimated in export price. In general, production saw a slight decrease. The pace of growth appeared the most rapid in 2019 when the production volume increased by 68%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Spectacle Glass Lenses Exports

Exports from France

In 2022, overseas shipments of spectacle lenses of glass or other materials decreased by -0.3% to X units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 37%. Over the period under review, the exports reached the maximum at X units in 2021, and then shrank modestly in the following year.

In value terms, spectacle glass lenses exports dropped to $X in 2022. Overall, exports saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 10%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X units), Italy (X units) and the United States (X units) were the main destinations of spectacle glass lenses exports from France, together comprising 58% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +28.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the key foreign market for spectacle lenses of glass or other materials exports from France, comprising 26% of total exports. The second position in the ranking was held by Italy ($X), with a 13% share of total exports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland stood at +17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-0.9% per year) and Germany (+2.0% per year).

Export Prices by Country

The average spectacle glass lenses export price stood at $X per unit in 2022, shrinking by -7.3% against the previous year. Overall, the export price saw a pronounced slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 35%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Italy ($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 Russia (+0.3%), while the prices for the other major destinations experienced a decline.

Spectacle Glass Lenses Imports

Imports into France

For the fifth consecutive year, France recorded growth in purchases abroad of spectacle lenses of glass or other materials, which increased by 1% to X units in 2022. Overall, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.4% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, spectacle glass lenses imports shrank to $X in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

Thailand (X units), the Philippines (X units) and Ireland (X units) were the main suppliers of spectacle glass lenses imports to France, with a combined 53% share of total imports. China, India, Italy, Germany, Hungary, Poland and Portugal lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +21.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Ireland ($X) and the Philippines ($X) constituted the largest spectacle glass lenses suppliers to France, together accounting for 51% of total imports. India, Germany, China, Hungary, Poland, Portugal and Italy lagged somewhat behind, together comprising a further 40%.

Hungary, with a CAGR of +17.4%, 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

In 2022, the average spectacle glass lenses import price amounted to $X per unit, reducing by -7.1% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 16%. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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