Slovakia - Plastic Frames and Mountings for Spectacles and Goggles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSlovakia: Spectacle Plastic Frame Market 2024
Spectacle Plastic Frame Market Size in Slovakia
In 2021, the Slovak spectacle plastic frame market increased by 6.9% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +14.1% against 2019 indices. Spectacle plastic frame consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.
Spectacle Plastic Frame Exports
Exports from Slovakia
In 2021, after three years of decline, there was significant growth in overseas shipments of plastic frames and mountings for spectacles and goggles, when their volume increased by 117% to X units. Over the period under review, exports, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by 266%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, spectacle plastic frame exports soared to $X in 2021. Overall, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 107%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
The Czech Republic (X units), Israel (X units) and Bulgaria (X units) were the main destinations of spectacle plastic frame exports from Slovakia, together accounting for 77% of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of +1,978.5%), while the other leaders experienced more modest paces of growth.
In value terms, the Czech Republic ($X) remains the key foreign market for plastic frames and mountings for spectacles and goggles exports from Slovakia, comprising 62% of total exports. The second position in the ranking was taken by Bulgaria ($X), with an 8.5% share of total exports. It was followed by Poland, with an 8.2% share.
From 2012 to 2021, the average annual growth rate of value to the Czech Republic amounted to +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+51.5% per year) and Poland (+109.7% per year).
Export Prices by Country
The average spectacle plastic frame export price stood at $X per unit in 2021, declining by -32.3% against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 61%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Poland ($X per unit), while the average price for exports to Israel ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+1.3%), while the prices for the other major destinations experienced a decline.
Spectacle Plastic Frame Imports
Imports into Slovakia
In 2021, purchases abroad of plastic frames and mountings for spectacles and goggles decreased by -12.1% to X units, falling for the fourth year in a row after two years of growth. In general, imports recorded a noticeable reduction. The pace of growth was the most pronounced in 2013 with an increase of 53% against the previous year. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.
In value terms, spectacle plastic frame imports surged to $X in 2021. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +9.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 70%. As a result, imports reached the peak of $X; afterwards, it flattened through to 2021.
Imports by Country
The Czech Republic (X units), Italy (X units) and China (X units) were the main suppliers of spectacle plastic frame imports to Slovakia, with a combined 85% share of total imports. These countries were followed by Portugal, the United States, Hungary, Germany and the UK, which together accounted for a further 12%.
From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +220.8%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Italy ($X) constituted the largest supplier of plastic frames and mountings for spectacles and goggles to Slovakia, comprising 50% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 20% share of total imports. It was followed by China, with a 14% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +38.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+33.9% per year) and China (+2.3% per year).
Import Prices by Country
In 2021, the average spectacle plastic frame import price amounted to $X per unit, increasing by 47% against the previous year. Overall, the import price recorded strong growth. The growth pace was the most rapid in 2014 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in the near future.
Prices varied noticeably country of origin: the country with the highest price was Hungary ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+50.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the spectacle plastic frame market in Slovakia. 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 32504350 - Plastic frames and mountings for spectacles, goggles or the like
Country coverage:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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