Europe: Personal Spectacle Optics Market 2024

Personal Spectacle Optics Market Size in Europe

The Europe personal spectacle optics market skyrocketed to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Personal Spectacle Optics Production in Europe

In value terms, personal spectacle optics production reduced to $X in 2022 estimated in export price. In general, production showed a noticeable reduction. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Personal Spectacle Optics Exports

Exports in Europe

In 2022, overseas shipments of personal spectacle optics increased by X% to X units, rising for the second consecutive year after four years of decline. In general, exports, however, showed a noticeable reduction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, personal spectacle optics exports reached $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Italy (X units), distantly followed by Germany (X units), the Netherlands (X units), Belgium (X units), France (X units), Belarus (X units), Poland (X units) and Spain (X units) represented the main exporters of personal spectacle optics, together achieving X% of total exports. The UK (X units), Hungary (X units), the Czech Republic (X units) and Denmark (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to personal spectacle optics exports from Italy stood at X%. At the same time, Belarus (X%), Poland (X%), Spain (X%), Denmark (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. By contrast, Hungary (X%), the Netherlands (X%), the Czech Republic (X%), Germany (X%), France (X%) and the UK (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belarus, Poland, Belgium, Spain and Italy increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest personal spectacle optics supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with an X% share of total exports. It was followed by France, with a X% share.

In Italy, personal spectacle optics exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (X% per year) and France (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. In general, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Personal Spectacle Optics Imports

Imports in Europe

Personal spectacle optics imports surged to X units in 2022, jumping by X% on 2021 figures. Total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, personal spectacle optics imports rose notably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the UK (X units), followed by Germany (X units), France (X units), Italy (X units), Spain (X units), Russia (X units) and the Netherlands (X units) represented the main importers of personal spectacle optics, together generating X% of total imports. Poland (X units), Belgium (X units), the Czech Republic (X units), Belarus (X units), Greece (X units) and Sweden (X units) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), France ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. The UK, Spain, the Netherlands, Sweden, Belgium, Poland, Russia, the Czech Republic, Greece and Belarus lagged somewhat behind, together accounting for a further X%.

Belarus, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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

In 2022, the import price in Europe amounted to $X per unit, falling by X% against the previous year. Overall, the import price showed a slight decrease. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform