Scandinavia: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in Scandinavia

The Scandinavia spectacle non-plastic frame market surged to $X in 2021, increasing by 193% against the previous year. Over the period under review, consumption recorded a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Spectacle Non-Plastic Frame Production in Scandinavia

In value terms, spectacle non-plastic frame production surged to $X in 2021 estimated in export price. In general, production posted a buoyant expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Spectacle Non-Plastic Frame Exports

Exports in Scandinavia

In 2021, overseas shipments of non-plastic frames and mountings for spectacles and goggles increased by 48% to X units, rising for the fourth consecutive year after three years of decline. Overall, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectacle non-plastic frame exports soared to $X in 2021. The total export value increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X units) and Denmark (X units) dominates exports structure, together creating 96% of total exports. Finland (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +16.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) remains the largest spectacle non-plastic frame supplier in Scandinavia, comprising 66% of total exports. The second position in the ranking was held by Sweden ($X), with a 31% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Denmark amounted to +2.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Sweden (+13.9% per year) and Finland (+22.0% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2021, falling by -7.3% against the previous year. Overall, the export price recorded a perceptible slump. The growth pace was the most rapid in 2017 when the export price increased by 25%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Denmark ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+4.5%), while the other leaders experienced mixed trends in the export price figures.

Spectacle Non-Plastic Frame Imports

Imports in Scandinavia

In 2021, purchases abroad of non-plastic frames and mountings for spectacles and goggles decreased by -5.8% to X units, falling for the second consecutive year after three years of growth. The total import volume increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by 9.5% against the previous year. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, spectacle non-plastic frame imports totaled $X in 2021. The total import value increased at an average annual rate of +3.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 24% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the near future.

Imports by Country

Denmark (X units) and Sweden (X units) prevails in imports structure, together creating 87% of total imports. It was distantly followed by Norway (X units), comprising a 7.2% share of total imports. Finland (X units) took a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +2.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Denmark ($X) and Norway ($X) were the countries with the highest levels of imports in 2021, with a combined 91% share of total imports.

In terms of the main importing countries, Sweden, with a CAGR of +8.1%, recorded 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 2021, the import price in Scandinavia amounted to $X per unit, growing by 22% against the previous year. Over the last nine years, it increased at an average annual rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Finland ($X per unit), while Denmark ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+10.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform