Malta: Spectacle Glass Lenses Market 2020

Spectacle Glass Lenses Market Size in Malta

The revenue of the spectacle glass lenses market in Malta amounted to $X in 2018, lowering by -X% against the previous year. Overall, spectacle glass lenses consumption, however, continues to indicate a temperate decline. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. Malta spectacle glass lenses consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Spectacle Glass Lenses Production in Malta

In value terms, spectacle glass lenses production stood at $X in 2018 estimated in export prices. Overall, spectacle glass lenses production, however, continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, spectacle glass lenses production attained its maximum level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Spectacle Glass Lenses Exports

Exports from Malta

In 2018, the amount of spectacle lenses of glass or other materials exported from Malta amounted to X units, increasing by X% against the previous year. Over the period under review, spectacle glass lenses exports continue to indicate skyrocketing growth. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Malta exports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, spectacle glass lenses exports stood at $X in 2018. Over the period under review, spectacle glass lenses exports continue to indicate a perceptible deduction. The pace of growth appeared the most rapid in 2008 when exports increased by X% year-to-year. Malta exports peaked at $X in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, China (X units) represented the key exporter of spectacle lenses of glass or other materials, generating X% of total exports. It was distantly followed by Thailand (X units), Mexico (X units), China, Hong Kong SAR (X units) and the Philippines (X units), together creating a X% share of total exports. 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) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to spectacle glass lenses exports from China stood at +X%. 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. While the share of China (+X p.p.), Thailand (+X p.p.), China, Hong Kong SAR (+X p.p.), Mexico (+X p.p.), Germany (+X p.p.), the Philippines (+X p.p.), the U.S. (+X p.p.) and the Netherlands (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest spectacle glass lenses markets from Malta were Thailand ($X), China ($X) and Germany ($X), together comprising X% of total exports.

In terms of the main exporting countries, China experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the spectacle glass lenses export price in Malta amounted to $X per unit, going down by -X% against the previous year. Over the period under review, the spectacle glass lenses export price continues to indicate a sharp contraction. The most prominent rate of growth was recorded in 2009 when the export price increased by X% against the previous year. Malta export price peaked at $X per unit in 2012; however, from 2013 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; 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 Malta

In 2018, approx. X units of spectacle lenses of glass or other materials were imported into Malta; increasing by X% against the previous year. In general, spectacle glass lenses imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. In that year, spectacle glass lenses imports attained their peak of X units. From 2013 to 2018, the growth of spectacle glass lenses imports remained at a lower figure.

In value terms, spectacle glass lenses imports amounted to $X in 2018. Over the period under review, spectacle glass lenses imports continue to indicate temperate growth. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Malta imports peaked at $X in 2017, and then declined slightly in the following year.

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 key importers of spectacle lenses of glass or other materials, together creating 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 U.S. ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. The UK, the Netherlands, Italy, China, Hong Kong SAR, Japan, China, Mexico, India, Hungary and Malta lagged somewhat behind, together comprising a further X the main importing countries, India experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the spectacle glass lenses import price in Malta amounted to $X per unit, reducing by -X% against the previous year. Over the period under review, the import price indicated a moderate expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, spectacle glass lenses import price increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2017 when the import price increased by X% year-to-year. In that year, the import prices for spectacle lenses of glass or other materials reached their peak level of $X per unit, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; 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