Switzerland: Spectacle Glass Lenses Market 2024

Spectacle Glass Lenses Market Size in Switzerland

The Swiss spectacle glass lenses market dropped notably to $X in 2022, with a decrease of -15.7% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Spectacle Glass Lenses Production in Switzerland

In value terms, spectacle glass lenses production dropped remarkably to $X in 2022 estimated in export price. Overall, production recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 381%. Spectacle glass lenses production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Spectacle Glass Lenses Exports

Exports from Switzerland

In 2022, after two years of growth, there was significant decline in shipments abroad of spectacle lenses of glass or other materials, when their volume decreased by -9.8% to X units. In general, exports showed a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, spectacle glass lenses exports shrank to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 15%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

France (X units) was the main destination for spectacle glass lenses exports from Switzerland, accounting for a 69% share of total exports. Moreover, spectacle glass lenses exports to France exceeded the volume sent to the second major destination, Germany (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to France stood at +7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-8.5% per year) and Hungary (-60.9% per year).

In value terms, France ($X) remains the key foreign market for spectacle lenses of glass or other materials exports from Switzerland, comprising 90% of total exports. The second position in the ranking was taken by Germany ($X), with a 6.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at +11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-18.8% per year) and Hungary (-48.2% per year).

Export Prices by Country

In 2022, the average spectacle glass lenses export price amounted to $X per unit, which is down by -1.9% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spectacle glass lenses export price increased by +6.2% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 39% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Germany ($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 (+32.5%), while the prices for the other major destinations experienced mixed trend patterns.

Spectacle Glass Lenses Imports

Imports into Switzerland

In value terms, spectacle glass lenses imports shrank to $X in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, China (X units) constituted the largest spectacle glass lenses supplier to Switzerland, with a 40% share of total imports. Moreover, spectacle glass lenses imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was held by Italy (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.4% per year) and Italy (+13.2% per year).

In value terms, Germany ($X) constituted the largest supplier of spectacle lenses of glass or other materials to Switzerland, comprising 29% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 13% share of total imports. It was followed by Thailand, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+26.5% per year) and Thailand (+8.7% per year).

Import Prices by Country

The average spectacle glass lenses import price stood at $X per unit in 2022, with an increase of 2.4% against the previous year. In general, the import price, however, saw a mild downturn. The most prominent rate of growth was recorded in 2018 an increase of 14%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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 the United States ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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