Report Update Nov 1, 2024

Romania - Spectacles and Goggles - Market Analysis, Forecast, Size, Trends and Insights

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Romania: Spectacles And Goggles Market 2024

Spectacles And Goggles Market Size in Romania

In 2021, after two years of growth, there was significant decline in the Romanian spectacles and goggles market, when its value decreased by -8.7% to $X. Over the period under review, consumption, however, enjoyed strong growth. Spectacles and goggles consumption peaked at $X in 2020, and then fell in the following year.

Spectacles And Goggles Production in Romania

In value terms, spectacles and goggles production totaled $X in 2021 estimated in export price. Over the period under review, production showed a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of 249%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Spectacles And Goggles Exports

Exports from Romania

In 2021, shipments abroad of spectacles and goggles decreased by -40.3% to X units, falling for the fourth consecutive year after two years of growth. Over the period under review, exports, however, recorded prominent growth. The growth pace was the most rapid in 2016 with an increase of 652%. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, spectacles and goggles exports reduced markedly to $X in 2021. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by 486% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

From 2012 to 2021, the average annual growth rate of volume to No country was relatively modest.

In value terms, Austria ($X) remains the key foreign market for spectacles and goggles exports from Romania, comprising 63% of total exports. The second position in the ranking was taken by Germany ($X), with a 5.5% share of total exports. It was followed by Moldova, with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Austria totaled +62.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+36.3% per year) and Moldova (+45.1% per year).

Export Prices by Country

In 2019, the average spectacles and goggles export price amounted to $X per unit, growing by 163% against the previous year. Over the period under review, the export price recorded significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2019, amid the top suppliers, the highest price was recorded for prices to France ($X per unit) and Austria ($X per unit), while the average price for exports to Germany ($X per unit) and Moldova ($X per unit) were amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+49.8%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacles And Goggles Imports

Imports into Romania

In 2021, the amount of spectacles and goggles imported into Romania shrank markedly to X units, dropping by -22.8% compared with the year before. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 158%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, spectacles and goggles imports declined sharply to $X in 2021. In general, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2016 when imports increased by 67%. Over the period under review, imports attained the maximum at $X in 2020, and then dropped remarkably in the following year.

Imports by Country

From 2012 to 2021, the average annual growth rate of volume from No country was relatively modest.

In value terms, China ($X), Germany ($X) and Taiwan (Chinese) ($X) constituted the largest spectacles and goggles suppliers to Romania, together accounting for 48% of total imports.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +62.9%, 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

In 2019, the average spectacles and goggles import price amounted to $X per unit, jumping by 55% against the previous year. In general, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 82%. Over the period under review, average import prices hit record highs in 2019 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by China (+32.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for spectacles and goggles in the world?

The countries with the highest volumes of spectacles and goggles consumption in 2020 were China, the United States and India, together comprising 41% of global consumption. The UK, Japan, Australia, Mexico, Italy, Germany, Ireland and South Korea lagged somewhat behind, together comprising a further 30%.

What are the largest producers of spectacles and goggles in the world?

China remains the largest spectacles and goggles producing country worldwide, comprising approx. 58% of total volume. Moreover, spectacles and goggles production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), sixfold. The third position in this ranking was occupied by India, with a 7.8% share.

What are the leading suppliers of spectacles and goggles to Romania?

In value terms, China constituted the largest supplier of spectacles and goggles to Romania, comprising 46% of total imports. The second position in the ranking was occupied by Germany, with an 11% share of total imports. It was followed by Taiwan Chinese), with an 8.3% share.

What are the leading importers of spectacles and goggles from Romania?

In value terms, Austria remains the key foreign market for spectacles and goggles exports from Romania, comprising 87% of total exports. The second position in the ranking was occupied by Bulgaria, with a 3.3% share of total exports. It was followed by Germany, with a 2.9% share.

What is the average export price for spectacles and goggles in Romania?

The average spectacles and goggles export price stood at $4 per unit in 2020, which is down by -16.4% against the previous year.

What is the average import price for spectacles and goggles in Romania?

In 2020, the average spectacles and goggles import price amounted to $1.1 per unit, waning by -17.8% against the previous year.

This report provides an in-depth analysis of the spectacles and goggles market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32504290 - Spectacles, goggles and the like, corrective, protective or other (excluding sunglasses)

Country coverage:

Romania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Romania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023