Sweden: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in Sweden

In 2021, the Swedish spectacle non-plastic frame market decreased by -67% to $X, falling for the third year in a row after two years of growth. Overall, consumption showed a drastic downturn. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Spectacle Non-Plastic Frame Exports

Exports from Sweden

In 2021, overseas shipments of non-plastic frames and mountings for spectacles and goggles increased by 65% to X units, rising for the fifth year in a row after four years of decline. Overall, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 98% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, spectacle non-plastic frame exports soared to $X in 2021. In general, exports saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Denmark (X units), Poland (X units) and Finland (X units) were the main destinations of spectacle non-plastic frame exports from Sweden, together comprising 91% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +61.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for spectacle non-plastic frame exported from Sweden were Denmark ($X), Finland ($X) and Poland ($X), together accounting for 84% of total exports.

Poland, with a CAGR of +53.8%, recorded the highest growth rate of 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

The average spectacle non-plastic frame export price stood at $X per unit in 2021, surging by 2.1% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 14%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per unit), while the average price for exports to Poland ($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 Norway (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Non-Plastic Frame Imports

Imports into Sweden

In 2021, the amount of non-plastic frames and mountings for spectacles and goggles imported into Sweden contracted notably to X units, dropping by -28.1% compared with 2020 figures. Overall, total imports indicated perceptible growth from 2012 to 2021: its volume increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 27% against the previous year. Imports peaked at X units in 2020, and then fell remarkably in the following year.

In value terms, spectacle non-plastic frame imports totaled $X in 2021. In general, imports, however, posted resilient growth. The growth pace was the most rapid in 2017 when imports increased by 49%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

Imports by Country

Italy (X units), China (X units) and the Netherlands (X units) were the main suppliers of spectacle non-plastic frame imports to Sweden, with a combined 75% share of total imports. Portugal, Hungary, Denmark, Spain, Hong Kong SAR and the UK lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +1,048.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of non-plastic frames and mountings for spectacles and goggles to Sweden, comprising 64% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by the Netherlands, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +27.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+24.0% per year) and the Netherlands (+38.9% per year).

Import Prices by Country

The average spectacle non-plastic frame import price stood at $X per unit in 2021, growing by 50% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, spectacle non-plastic frame import price increased by +122.9% against 2015 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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