Scandinavia: Spectacle Frame Market 2024

Spectacle Frame Market Size in Scandinavia

In 2022, the Scandinavia spectacle frame market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Spectacle Frame Production in Scandinavia

In value terms, spectacle frame production declined to $X in 2022 estimated in export price. Overall, production, however, showed a prominent expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Spectacle Frame Exports

Exports in Scandinavia

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 four years of decline. Overall, exports saw strong growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, spectacle frame exports expanded rapidly to $X in 2022. In general, exports saw resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Sweden represented the key exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by Finland (X units), committing a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to spectacle frame exports from Sweden stood at X%. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Finland and Sweden increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest spectacle frame supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Sweden totaled X%.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, reducing by X% against the previous year. Overall, the export price saw a slight decrease. The pace of growth was the most pronounced in 2019 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while Finland stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%).

Spectacle Frame Imports

Imports in Scandinavia

In 2022, imports of frames and mountings for spectacles, goggles or the like in Scandinavia expanded markedly to X units, increasing by X% against 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The volume of import peaked at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, spectacle frame imports expanded rapidly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

Sweden was the main importer of frames and mountings for spectacles, goggles or the like in Scandinavia, with the volume of imports accounting for X units, which was near X% of total imports in 2022. It was distantly followed by Norway (X units) and Finland (X units), together constituting a X% share of total imports.

Imports into Sweden increased at an average annual rate of X% from 2012 to 2022. At the same time, Norway (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. By contrast, Finland (X%) illustrated a downward trend over the same period. Sweden (X p.p.) and Norway (X p.p.) significantly strengthened its position in terms of the total imports, while Finland saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported frames and mountings for spectacles, goggles or the like in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Norway ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Sweden stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, dropping by X% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price 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, spectacle frame import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Finland ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform