Poland: Sunglasses Market 2024

Sunglasses Market Size in Poland

The Polish sunglasses market contracted to $X in 2022, dropping by -4% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Sunglasses consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Sunglasses Production in Poland

In value terms, sunglasses production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of 15%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Sunglasses Exports

Exports from Poland

In 2022, shipments abroad of sunglasses increased by 43% to X units, rising for the second year in a row after two years of decline. In general, exports recorded prominent growth. The pace of growth was the most pronounced in 2014 with an increase of 67% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, sunglasses exports amounted to $X in 2022. Over the period under review, exports showed buoyant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 34%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Germany (X units) was the main destination for sunglasses exports from Poland, with a 27% share of total exports. Moreover, sunglasses exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X units), threefold. The Netherlands (X units) ranked third in terms of total exports with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +18.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+15.5% per year) and the Netherlands (+18.2% per year).

In value terms, Germany ($X) remains the key foreign market for sunglasses exports from Poland, comprising 37% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 6.8% share of total exports. It was followed by Austria, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+19.8% per year) and Austria (+26.1% per year).

Export Prices by Country

The average sunglasses export price stood at $X per unit in 2022, falling by -26% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 an increase of 51%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then fell significantly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to the Netherlands ($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 Slovakia (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sunglasses Imports

Imports into Poland

In 2022, after two years of decline, there was significant growth in overseas purchases of sunglasses, when their volume increased by 32% to X units. In general, imports posted a resilient expansion. The pace of growth was the most pronounced in 2014 when imports increased by 49%. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sunglasses imports soared to $X in 2022. Over the period under review, imports showed a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by 35%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, China (X units) was the main supplier of sunglasses to Poland, with a 90% share of total imports. Moreover, sunglasses imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.8% per year) and Taiwan (Chinese) (+3.7% per year).

In value terms, the largest sunglasses suppliers to Poland were China ($X), Italy ($X) and Germany ($X), with a combined 88% share of total imports.

Among the main suppliers, Italy, with a CAGR of +14.8%, saw the highest rates of growth with regard to 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

In 2022, the average sunglasses import price amounted to $X per unit, falling by -12.9% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sunglasses import price increased by +39.6% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 33%. As a result, import price attained the peak level of $X per unit, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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