EU: Spectacle Plastic Frame Market 2024

Spectacle Plastic Frame Market Size in the EU

After two years of growth, the EU spectacle plastic frame market decreased by X% to $X in 2023. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2022, and then declined in the following year.

Spectacle Plastic Frame Production in the EU

In value terms, spectacle plastic frame production declined rapidly to $X in 2023 estimated in export price. In general, production continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Spectacle Plastic Frame Exports

Exports in the EU

In 2023, the amount of plastic frames and mountings for spectacles and goggles exported in the European Union expanded sharply to X units, growing by X% against 2022 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, spectacle plastic frame exports soared to $X in 2023. Total exports indicated a prominent increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2023 and is likely to continue growth in the immediate term.

Exports by Country

Italy represented the key exporter of plastic frames and mountings for spectacles and goggles in the European Union, with the volume of exports resulting at X units, which was near X% of total exports in 2023. The Netherlands (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%) and Belgium (X%). The following exporters - Hungary (X units), the Czech Republic (X units), Spain (X units), France (X units), Austria (X units) and Denmark (X units) - together made up X% of total exports.

Exports from Italy increased at an average annual rate of X% from 2012 to 2023. At the same time, Hungary (X%), Belgium (X%), the Netherlands (X%), Denmark (X%), Austria (X%), Spain (X%), Germany (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. By contrast, France (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.), Italy (X p.p.), Hungary (X p.p.) and Belgium (X p.p.) significantly strengthened its position in terms of the total exports, while France saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest spectacle plastic frame supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

In Italy, spectacle plastic frame exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Germany (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2023, growing by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Spectacle Plastic Frame Imports

Imports in the EU

In 2023, after two years of growth, there was decline in overseas purchases of plastic frames and mountings for spectacles and goggles, when their volume decreased by X% to X units. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2022, and then contracted modestly in the following year.

In value terms, spectacle plastic frame imports expanded rapidly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked in 2023 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2023, Italy (X units), distantly followed by Germany (X units), France (X units), the Netherlands (X units) and Spain (X units) represented the key importers of plastic frames and mountings for spectacles and goggles, together creating X% of total imports. Hungary (X units), the Czech Republic (X units), Poland (X units), Belgium (X units), Ireland (X units) and Denmark (X units) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Ireland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest spectacle plastic frame importing markets in the European Union were Italy ($X), France ($X) and Germany ($X), with a combined X% share of total imports. The Netherlands, Spain, Poland, Hungary, Denmark, the Czech Republic, Ireland and Belgium lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2023, with an increase of X% against the previous year. In general, the import price saw a relatively flat trend pattern. The level of import peaked at $X per unit in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform