Ireland: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in Ireland

The Irish spectacle non-plastic frame market skyrocketed to $X in 2021, picking up by 303% 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). In general, consumption recorded notable growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Spectacle Non-Plastic Frame Exports

Exports from Ireland

After two years of decline, overseas shipments of non-plastic frames and mountings for spectacles and goggles increased by 47% to X units in 2021. Over the period under review, exports posted a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by 636% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, spectacle non-plastic frame exports soared to $X in 2021. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 587% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for spectacle non-plastic frame exports from Ireland, with a 34% share of total exports. Moreover, spectacle non-plastic frame exports to the UK exceeded the volume sent to the second major destination, Italy (X units), threefold. The Netherlands (X units) ranked third in terms of total exports with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+13.3% per year) and the Netherlands (+8.0% per year).

In value terms, the largest markets for spectacle non-plastic frame exported from Ireland were the UK ($X), Italy ($X) and the Netherlands ($X), with a combined 49% share of total exports. These countries were followed by Germany, France, Poland, Portugal, Belgium, Denmark, India, Spain, Russia and Canada, which together accounted for a further 35%.

Poland, with a CAGR of +49.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination 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 spectacle non-plastic frame export price amounted to $X per unit, rising by 7.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.7%. The pace of growth appeared the most rapid in 2018 an increase of 29%. The export price peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Canada ($X per unit), while the average price for exports to Russia ($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 Canada (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Non-Plastic Frame Imports

Imports into Ireland

In 2021, imports of non-plastic frames and mountings for spectacles and goggles into Ireland soared to X units, jumping by 211% compared with the previous year. In general, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectacle non-plastic frame imports surged to $X in 2021. Over the period under review, imports posted modest growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), the Netherlands (X units) and the UK (X units) were the main suppliers of spectacle non-plastic frame imports to Ireland, with a combined 94% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +195.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), China ($X) and the UK ($X) were the largest spectacle non-plastic frame suppliers to Ireland, with a combined 93% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +175.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average spectacle non-plastic frame import price amounted to $X per unit, shrinking by -12.8% against the previous year. Over the period under review, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 32% against the previous year. Over the period under review, average import prices hit record highs at $X per unit 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 Italy ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :