Iceland: Spectacle Glass Lenses Market 2020

Spectacle Glass Lenses Market Size in Iceland

The revenue of the spectacle glass lenses market in Iceland amounted to $X in 2018, lowering by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, spectacle glass lenses consumption continues to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2014 when the market value increased by X% y-o-y. Over the period under review, the spectacle glass lenses market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Spectacle Glass Lenses Exports

Exports from Iceland

Spectacle glass lenses exports from Iceland totaled X units in 2018, remaining stable against the previous year. Over the period under review, spectacle glass lenses exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when exports increased by X% y-o-y. In that year, spectacle glass lenses exports attained their peak of X units. From 2013 to 2018, the growth of spectacle glass lenses exports failed to regain its momentum.

In value terms, spectacle glass lenses exports totaled $X in 2018. In general, spectacle glass lenses exports continue to indicate moderate growth. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. In that year, spectacle glass lenses exports reached their peak of $X. From 2013 to 2018, the growth of spectacle glass lenses exports remained at a somewhat lower figure.

Exports by Country

China represented the key exporter of spectacle lenses of glass or other materials in the world, with the volume of exports recording X units, which was near X% of total exports in 2018. Thailand (X units) ranks second in terms of the total exports with a X% share, followed by Mexico (X%), China, Hong Kong SAR (X%) and the Philippines (X%). The following exporters - Germany (X units), the U.S. (X units), Taiwan, Chinese (X units), Indonesia (X units), the Netherlands (X units), South Korea (X units) and the Czech Republic (X units) - together made up X% of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, the Netherlands (+X%), China, Hong Kong SAR (+X%), Indonesia (+X%), Germany (+X%), Mexico (+X%), the U.S. (+X%), the Philippines (+X%), Thailand (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. South Korea experienced a relatively flat trend pattern. By contrast, Taiwan, Chinese (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Thailand, China, Hong Kong SAR, Mexico, Germany, the Philippines, the U.S. and the Netherlands increased by +X%, +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X), China ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

In terms of the main exporting countries, China recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the spectacle glass lenses export price in Iceland amounted to $X per unit, going down by -X% against the previous year. In general, the spectacle glass lenses export price, however, continues to indicate slight growth. The pace of growth was the most pronounced in 2017 when the export price increased by X% y-o-y. In that year, the export prices for spectacle lenses of glass or other materials attained their peak level of $X per unit, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the Netherlands ($X per unit), while Taiwan, Chinese ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Spectacle Glass Lenses Imports

Imports into Iceland

Spectacle glass lenses imports into Iceland amounted to X units in 2018, dropping by -X% against the previous year. Over the period under review, spectacle glass lenses imports continue to indicate a drastic reduction. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Iceland imports peaked at X units in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, spectacle glass lenses imports stood at $X in 2018. Overall, spectacle glass lenses imports continue to indicate a drastic drop. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Over the period under review, spectacle glass lenses imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X units), distantly followed by India (X units), China, Hong Kong SAR (X units), Italy (X units) and the UK (X units) represented the major importers of spectacle lenses of glass or other materials, together comprising X% of total imports. France (X units), Germany (X units), Mexico (X units), Japan (X units), China (X units), the Netherlands (X units) and Hungary (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Hungary, while the other leaders experienced more modest paces of growth.

In value terms, the largest spectacle glass lenses importing markets into Iceland were the U.S. ($X), Germany ($X) and France ($X), with a combined X% share of total imports. These countries were followed by the UK, the Netherlands, Italy, China, Hong Kong SAR, Japan, China, Mexico, India, Hungary and Iceland, which together accounted for a further X terms of the main importing countries, India recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The spectacle glass lenses import price in Iceland stood at $X per unit in 2018, falling by -X% against the previous year. Over the period under review, the spectacle glass lenses import price, however, continues to indicate temperate growth. The pace of growth appeared the most rapid in 2012 when the import price increased by X% against the previous year. In that year, the import prices for spectacle lenses of glass or other materials attained their peak level of $X per unit. From 2013 to 2018, the growth in terms of the import prices for spectacle lenses of glass or other materials failed to regain its momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per unit), while India ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform