Germany: Spectacle Glass Lenses Market 2024

Spectacle Glass Lenses Market Size in Germany

In 2022, the German spectacle glass lenses market increased by 1.5% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, continues to indicate a noticeable downturn. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Spectacle Glass Lenses Production in Germany

In value terms, spectacle glass lenses production reduced slightly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 6.6% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Spectacle Glass Lenses Exports

Exports from Germany

In 2022, overseas shipments of spectacle lenses of glass or other materials decreased by -14.8% to X units, falling for the third year in a row after six years of growth. In general, total exports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -23.7% against 2019 indices. The pace of growth appeared the most rapid in 2017 when exports increased by 23%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, spectacle glass lenses exports dropped notably to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $X, and then reduced rapidly in the following year.

Exports by Country

The Czech Republic (X units) was the main destination for spectacle glass lenses exports from Germany, with a 38% share of total exports. Moreover, spectacle glass lenses exports to the Czech Republic exceeded the volume sent to the second major destination, Slovakia (X units), threefold. France (X units) ranked third in terms of total exports with an 8.7% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic totaled +46.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+56.3% per year) and France (+2.1% per year).

In value terms, the largest markets for spectacle glass lenses exported from Germany were the Czech Republic ($X), France ($X) and Italy ($X), with a combined 35% share of total exports.

Among the main countries of destination, the Czech Republic, with a CAGR of +30.8%, recorded the highest growth rate of 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 2022, the average spectacle glass lenses export price amounted to $X per unit, declining by -6.3% against the previous year. In general, the export price showed a perceptible downturn. The growth pace was the most rapid in 2021 an increase of 29%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Slovakia ($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 Switzerland (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Glass Lenses Imports

Imports into Germany

In 2022, approx. X units of spectacle lenses of glass or other materials were imported into Germany; shrinking by -3.4% compared with the year before. The total import volume increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, spectacle glass lenses imports dropped to $X in 2022. Over the period under review, imports saw a noticeable slump. The pace of growth was the most pronounced in 2018 when imports increased by 10%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Thailand (X units), China (X units) and the Czech Republic (X units) were the main suppliers of spectacle glass lenses imports to Germany, together comprising 77% of total imports. Hungary, Vietnam, the Philippines, Mexico, India, Japan, Ireland and France lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +96.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest spectacle glass lenses suppliers to Germany were Thailand ($X), the Czech Republic ($X) and China ($X), together comprising 68% of total imports. Hungary, Japan, the Philippines, India, Ireland, Vietnam, Mexico and France lagged somewhat behind, together accounting for a further 23%.

Among the main suppliers, Hungary, with a CAGR of +95.0%, 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 2022, the average spectacle glass lenses import price amounted to $X per unit, shrinking by -10.2% against the previous year. Overall, the import price recorded a pronounced contraction. The pace of growth was the most pronounced in 2019 an increase of 6.6% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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