Slovenia: Spectacle Frame Market 2024

Spectacle Frame Market Size in Slovenia

In 2022, the Slovene 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 posted strong growth. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Spectacle Frame Production in Slovenia

In value terms, spectacle frame production contracted modestly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt setback. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Spectacle Frame Exports

Exports from Slovenia

For the fourth year in a row, Slovenia recorded decline in overseas shipments of frames and mountings for spectacles, goggles or the like, which decreased by X% to X units in 2022. Over the period under review, exports faced a deep slump. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, spectacle frame exports fell sharply to $X in 2022. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Hungary (X units) was the main destination for spectacle frame exports from Slovenia, with a X% share of total exports. Moreover, spectacle frame exports to Hungary exceeded the volume sent to the second major destination, the Czech Republic (X units), fourfold. Serbia (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 Hungary 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 Serbia (X% per year).

In value terms, the largest markets for spectacle frame exported from Slovenia were Hungary ($X), the Czech Republic ($X) and Italy ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average spectacle frame export price amounted to $X per unit, declining by X% against the previous year. In general, export price indicated a modest increase 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. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then shrank significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Hungary ($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 Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Frame Imports

Imports into Slovenia

In 2022, overseas purchases 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 two years of decline. Over the period under review, imports showed a modest increase. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, spectacle frame imports surged to $X in 2022. Overall, total imports indicated a slight expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of spectacle frame to Slovenia, accounting for a X% share of total imports. Moreover, spectacle frame imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), sevenfold. The Netherlands (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 China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the Netherlands (X% per year).

In value terms, Italy ($X), China ($X) and Croatia ($X) were the largest spectacle frame suppliers to Slovenia, with a combined X% share of total imports. The Netherlands, Germany and the Czech Republic lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the average spectacle frame import price amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Croatia ($X per unit), while the price for China ($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