Switzerland: Contact Lense Market 2024

Contact Lense Market Size in Switzerland

In 2022, the Swiss contact lense market increased by 7.7% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Contact lense consumption peaked in 2022 and is expected to retain growth in years to come.

Contact Lense Exports

Exports from Switzerland

In 2022, the amount of contact lenses exported from Switzerland expanded notably to X units, increasing by 11% against the previous year's figure. The total export volume increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 24% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, contact lense exports expanded slightly to $X in 2022. In general, exports continue to indicate a modest increase. The most prominent rate of growth was recorded in 2021 with an increase of 15%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Austria (X units), Germany (X units) and France (X units) were the main destinations of contact lense exports from Switzerland, together comprising 93% of total exports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +7.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for contact lense exported from Switzerland were Germany ($X), Austria ($X) and France ($X), with a combined 93% share of total exports.

In terms of the main countries of destination, Austria, with a CAGR of +2.5%, 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 mixed trend patterns.

Export Prices by Country

The average contact lense export price stood at $X per unit in 2022, reducing by -8% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 31% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Greece ($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 (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.

Contact Lense Imports

Imports into Switzerland

In 2022, purchases abroad of contact lenses increased by 21% to X units, rising for the second year in a row after five years of decline. The total import volume increased at an average annual rate of +5.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 24%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, contact lense imports stood at $X in 2022. The total import value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 25%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of contact lense to Switzerland, with a 64% share of total imports. Moreover, contact lense imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The UK (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.4% per year) and the UK (+17.3% per year).

In value terms, the United States ($X), the UK ($X) and Germany ($X) were the largest contact lense suppliers to Switzerland, together comprising 69% of total imports. Ireland, Hungary and Belgium lagged somewhat behind, together accounting for a further 18%.

In terms of the main suppliers, Hungary, with a CAGR of +34.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average contact lense import price stood at $X per unit in 2022, reducing by -13.2% against the previous year. Overall, the import price recorded a noticeable contraction. The growth pace was the most rapid in 2018 when the average import price increased by 11% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :