Spain: Personal Spectacle Optics Market 2024

Personal Spectacle Optics Market Size in Spain

In 2022, the Spanish personal spectacle optics market decreased by X% to $X, falling for the second year in a row after three years of growth. In general, consumption recorded a deep downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Personal Spectacle Optics Production in Spain

In value terms, personal spectacle optics production plummeted to $X in 2022 estimated in export price. Overall, production recorded a sharp curtailment. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Personal Spectacle Optics Exports

Exports from Spain

In 2022, overseas shipments of personal spectacle optics were finally on the rise to reach X units after two years of decline. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, personal spectacle optics exports rose rapidly to $X in 2022. Over the period under review, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

France (X units), Italy (X units) and Portugal (X units) were the main destinations of personal spectacle optics exports from Spain, together accounting for X% of total exports. Poland, Germany, the Netherlands, the UK, Greece, Belgium and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for personal spectacle optics exported from Spain were France ($X), Italy ($X) and Germany ($X), with a combined X% share of total exports. Portugal, the UK, the Netherlands, Poland, Belgium, Greece and Hungary lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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 personal spectacle optics export price amounted to $X per unit, falling by X% against the previous year. Overall, the export price, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then dropped markedly 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 Belgium ($X per unit), while the average price for exports to Poland ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Spectacle Optics Imports

Imports into Spain

In 2022, after four years of decline, there was significant growth in purchases abroad of personal spectacle optics, when their volume increased by X% to X units. Overall, imports, however, continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, personal spectacle optics imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of personal spectacle optics to Spain, with a X% share of total imports. Moreover, personal spectacle optics imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was held by France (X units), with an 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 France (X% per year).

In value terms, Italy ($X), China ($X) and France ($X) appeared to be the largest personal spectacle optics suppliers to Spain, together accounting for X% of total imports.

France, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average personal spectacle optics import price amounted to $X per unit, growing by X% against the previous year. Overall, the import price showed a resilient expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Italy ($X per unit), while the price for Ireland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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