Netherlands: Spectacle Plastic Frame Market 2024

Spectacle Plastic Frame Market Size in the Netherlands

In 2021, the Dutch spectacle plastic frame market increased by 79% to $X, rising for the fourth year in a row after two years of decline. Overall, consumption continues to indicate a buoyant expansion. Spectacle plastic frame consumption peaked in 2021 and is expected to retain growth in years to come.

Spectacle Plastic Frame Exports

Exports from the Netherlands

In 2021, overseas shipments of plastic frames and mountings for spectacles and goggles were finally on the rise to reach X units after two years of decline. In general, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 61% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, spectacle plastic frame exports skyrocketed to $X in 2021. Overall, exports showed a resilient increase. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

France (X units), the UK (X units) and Germany (X units) were the main destinations of spectacle plastic frame exports from the Netherlands, together comprising 54% of total exports. These countries were followed by Belgium, Italy, Poland, Portugal, the United States, Spain, Switzerland and Hungary, which together accounted for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +67.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for spectacle plastic frame exported from the Netherlands were France ($X), Belgium ($X) and Germany ($X), with a combined 60% share of total exports. The UK, Italy, Portugal, Spain, the United States, Poland, Hungary and Switzerland lagged somewhat behind, together comprising a further 29%.

In terms of the main countries of destination, Hungary, with a CAGR of +57.9%, saw the highest rates of growth with regard to 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 2021, the average spectacle plastic frame export price amounted to $X per unit, increasing by 14% against the previous year. Over the period under review, the export price, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2014 an increase of 16%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Belgium ($X per unit), while the average price for exports to Poland ($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 Belgium (+1.5%), while the prices for the other major destinations experienced a decline.

Spectacle Plastic Frame Imports

Imports into the Netherlands

In 2021, imports of plastic frames and mountings for spectacles and goggles into the Netherlands surged to X units, increasing by 53% compared with the previous year. Over the period under review, imports saw prominent growth. The pace of growth was the most pronounced in 2015 with an increase of 102%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, spectacle plastic frame imports skyrocketed to $X in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +10.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 34% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest spectacle plastic frame supplier to the Netherlands, accounting for a 73% share of total imports. Moreover, spectacle plastic frame imports from China exceeded the figures recorded by the second-largest supplier, Hungary (X units), sevenfold. Italy (X units) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +32.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+251.4% per year) and Italy (+3.2% per year).

In value terms, China ($X), Hungary ($X) and Italy ($X) constituted the largest spectacle plastic frame suppliers to the Netherlands, with a combined 79% share of total imports.

Among the main suppliers, Hungary, with a CAGR of +226.0%, 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

The average spectacle plastic frame import price stood at $X per unit in 2021, with a decrease of -13.6% against the previous year. Overall, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 8.5% 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 failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :