Poland: Contact Lense Market 2024

Contact Lense Market Size in Poland

The Polish contact lense market reduced sharply to $X in 2022, waning by -21.5% against the previous year. Overall, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -31.7% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Contact Lense Production in Poland

In value terms, contact lense production reduced to $X in 2022 estimated in export price. In general, production, however, recorded strong growth. The growth pace was the most rapid in 2015 when the production volume increased by 63% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Contact Lense Exports

Exports from Poland

In 2022, overseas shipments of contact lenses increased by 46% to X units, rising for the second year in a row after two years of decline. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 135% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, contact lense exports surged to $X in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 149%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

The Czech Republic (X units), Lithuania (X units) and Germany (X units) were the main destinations of contact lense exports from Poland, with a combined 57% share of total exports. Italy, the UK, Romania, Spain, Russia and the Netherlands lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +280.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for contact lense exported from Poland were Germany ($X), Russia ($X) and the Czech Republic ($X), together accounting for 62% of total exports. Italy, Lithuania, the UK, Romania, Spain and the Netherlands lagged somewhat behind, together accounting for a further 25%.

Among the main countries of destination, Spain, with a CAGR of +190.6%, 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

The average contact lense export price stood at $X per unit in 2022, falling by -4.1% against the previous year. Over the period under review, the export price, however, continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Lithuania ($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 Russia (+8.2%), while the prices for the other major destinations experienced mixed trend patterns.

Contact Lense Imports

Imports into Poland

In 2022, supplies from abroad of contact lenses increased by 2.3% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports recorded a moderate increase. The most prominent rate of growth was recorded in 2018 with an increase of 39% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, contact lense imports declined to $X in 2022. In general, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +1.5% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 35% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Hungary (X units) constituted the largest contact lense supplier to Poland, accounting for a 44% share of total imports. Moreover, contact lense imports from Hungary exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The United States (X units) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary totaled +125.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.7% per year) and the United States (-10.3% per year).

In value terms, Ireland ($X), Germany ($X) and Hungary ($X) were the largest contact lense suppliers to Poland, together comprising 74% of total imports.

Among the main suppliers, Hungary, with a CAGR of +94.5%, 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 contact lense import price stood at $X per unit in 2022, waning by -7.3% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, contact lense import price decreased by -11.5% against 2020 indices. The most prominent rate of growth was recorded in 2019 an increase of 70% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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