Slovakia: Spectacle Frame Market 2024

Spectacle Frame Market Size in Slovakia

In 2022, the Slovak spectacle frame market increased by X% to $X, rising for the second year in a row after four years of decline. Over the period under review, consumption saw a mild expansion. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Spectacle Frame Exports

Exports from Slovakia

In 2022, overseas shipments of frames and mountings for spectacles, goggles or the like increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, spectacle frame exports plummeted to $X in 2022. Overall, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X units) was the main destination for spectacle frame exports from Slovakia, with a X% share of total exports. Moreover, spectacle frame exports to Italy exceeded the volume sent to the second major destination, Bulgaria (X units), more than tenfold. Poland (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Poland (X% per year).

In value terms, Italy ($X) emerged as the key foreign market for frames and mountings for spectacles, goggles or the like exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Poland, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the average spectacle frame export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Romania ($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 the Czech Republic (X%), while the prices for the other major destinations experienced a decline.

Spectacle Frame Imports

Imports into Slovakia

In 2022, supplies from abroad of frames and mountings for spectacles, goggles or the like was finally on the rise to reach X units after four years of decline. Over the period under review, imports continue to indicate measured growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, spectacle frame imports reduced to $X in 2022. Overall, imports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X units) constituted the largest supplier of spectacle frame to Slovakia, with a X% share of total imports. Moreover, spectacle frame imports from Poland exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Italy (X units) ranked third in terms of total imports with a X% share.

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

In value terms, the largest spectacle frame suppliers to Slovakia were Italy ($X), Poland ($X) and China ($X), together comprising X% of total imports. Hungary, the Czech Republic, France and the UK lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average spectacle frame import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2014 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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