Portugal: Spectacle Frame Market 2024

Spectacle Frame Market Size in Portugal

The Portuguese spectacle frame market soared to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Spectacle frame consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Spectacle Frame Production in Portugal

In value terms, spectacle frame production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of X%. Spectacle frame production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Spectacle Frame Exports

Exports from Portugal

In 2022, shipments abroad of frames and mountings for spectacles, goggles or the like increased by X% to X units, rising for the fourth year in a row after two years of decline. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, spectacle frame exports reduced to $X in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021, and then fell in the following year.

Exports by Country

Spain (X units), Sweden (X units) and Denmark (X units) were the main destinations of spectacle frame exports from Portugal, together comprising X% of total exports.

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

In value terms, the largest markets for spectacle frame exported from Portugal were Spain ($X), Sweden ($X) and Denmark ($X), together comprising X% of total exports.

Sweden, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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 2022, the average spectacle frame export price amounted to $X per unit, falling by X% against the previous year. Overall, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to Poland ($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 Spain (X%), while the prices for the other major destinations experienced a decline.

Spectacle Frame Imports

Imports into Portugal

In 2022, purchases abroad of frames and mountings for spectacles, goggles or the like increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, spectacle frame imports reached $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

China (X units), Italy (X units) and Spain (X units) were the main suppliers of spectacle frame imports to Portugal, together comprising X% of total imports. Sweden, France and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of frames and mountings for spectacles, goggles or the like to Portugal, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Spain (X% per year).

Import Prices by Country

The average spectacle frame import price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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