Sweden: Spectacle Plastic Frame Market 2024

Spectacle Plastic Frame Market Size in Sweden

The Swedish spectacle plastic frame market soared to $X in 2021, surging by 35% against the previous year. In general, the total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +59.8% against 2017 indices. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Spectacle Plastic Frame Production in Sweden

In value terms, spectacle plastic frame production skyrocketed to $X in 2021 estimated in export price. In general, production saw significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 549%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Spectacle Plastic Frame Exports

Exports from Sweden

After three years of decline, overseas shipments of plastic frames and mountings for spectacles and goggles increased by 94% to X units in 2021. Overall, total exports indicated measured growth from 2012 to 2021: its volume 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. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectacle plastic frame exports surged to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Norway (X units) was the main destination for spectacle plastic frame exports from Sweden, accounting for a 42% share of total exports. Moreover, spectacle plastic frame exports to Norway exceeded the volume sent to the second major destination, Thailand (X units), threefold. The third position in this ranking was taken by Estonia (X units), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway amounted to +15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+9.4% per year) and Estonia (+59.7% per year).

In value terms, Norway ($X) remains the key foreign market for plastic frames and mountings for spectacles and goggles exports from Sweden, comprising 68% of total exports. The second position in the ranking was taken by Estonia ($X), with a 13% share of total exports. It was followed by Thailand, with a 4.2% share.

From 2012 to 2021, the average annual growth rate of value to Norway amounted to +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+63.1% per year) and Thailand (-2.5% per year).

Export Prices by Country

The average spectacle plastic frame export price stood at $X per unit in 2021, with a decrease of -18.5% against the previous year. Over the period under review, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2020 an increase of 56% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Norway ($X per unit), while the average price for exports to Denmark ($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 China (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Plastic Frame Imports

Imports into Sweden

In 2021, approx. X units of plastic frames and mountings for spectacles and goggles were imported into Sweden; growing by 2.9% against the year before. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 25% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, spectacle plastic frame imports surged to $X in 2021. Overall, total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +74.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 34%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Italy (X units) and Portugal (X units) were the main suppliers of spectacle plastic frame imports to Sweden, with a combined 73% share of total imports.

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 +304.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest spectacle plastic frame suppliers to Sweden were Italy ($X), China ($X) and Portugal ($X), together accounting for 81% of total imports.

Portugal, with a CAGR of +338.0%, 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 plastic frame import price stood at $X per unit in 2021, jumping by 26% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, spectacle plastic frame import price increased by +79.4% against 2018 indices. The import price peaked at $X per unit in 2014; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for Hong Kong SAR ($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 (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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