Belgium - Contact Lenses - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Belgium - Contact Lenses - Market Analysis, Forecast, Size, Trends and Insights

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Contact Lense Price in Belgium - 2023

Contents:

  1. Contact Lense Price in Belgium (FOB) - 2022
  2. Contact Lense Price in Belgium (CIF) - 2023
  3. Contact Lense Exports in Belgium
  4. Contact Lense Imports in Belgium

Contact Lense Price in Belgium (FOB) - 2022

The average contact lense export price stood at $1.9 per unit in 2022, growing by 38% against the previous year. Over the period under review, the export price continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2021 an increase of 83% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($3.2 per unit), while the average price for exports to Denmark ($0.3 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 the Netherlands (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Contact Lense Price in Belgium (CIF) - 2023

The average contact lense import price stood at $791 per thousand units in July 2023, which is down by -2.3% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 37% against the previous month. Over the period under review, average import prices hit record highs at $844 per thousand units in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($1.7 per unit), while the price for Spain ($56.0 per thousand units) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Hungary (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Contact Lense Exports in Belgium

In 2022, overseas shipments of contact lenses decreased by -96.7% to 7.7M units, falling for the second consecutive year after two years of growth. In general, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 64% against the previous year. As a result, the exports reached the peak of 362M units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, contact lense exports shrank notably to $14M in 2022. Overall, exports faced a dramatic slump. The growth pace was the most rapid in 2020 when exports increased by 22%. Over the period under review, the exports reached the maximum at $316M in 2021, and then shrank sharply in the following year.

Export of Contact Lense in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy38.620.137.24.4-51.5%
Luxembourg2.937.259.04.213.1%
Netherlands26.313.330.82.6-53.8%
United Kingdom12.026.21211.1-54.9%
Switzerland7.713010.31.0-49.4%
Germany45.52.23.10.2-83.6%
France31.84.20.60.1-85.3%
Sweden16.113.216.2N/A0.3%
Poland9.40.2N/AN/A-97.9%
Others29.120.638.00.9-68.6%
Total21926831614.5-59.5%

Top Export Markets for Contact Lense from Belgium in 2022:

  1. Luxembourg (2986.0K units)
  2. Italy (1378.3K units)
  3. United Kingdom (1118.4K units)
  4. Netherlands (978.0K units)
  5. Switzerland (673.3K units)
  6. Germany (114.3K units)
  7. France (62.4K units)
  8. Sweden (51.2K units)

Contact Lense Imports in Belgium

Contact lense imports into Belgium fell sharply to 45M units in 2022, declining by -83% compared with the previous year's figure. In general, imports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of 267M units, and then fell markedly in the following year.

In value terms, contact lense imports shrank rapidly to $41M in 2022. Overall, imports saw a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports reached the peak of $141M, and then dropped rapidly in the following year.

Import of Contact Lense in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.229.715.215.323.1%
Netherlands11.037.812.713.77.6%
United Kingdom68.526.360.95.3-57.4%
United States17.46.232.63.4-42.0%
Hungary16.03.215.30.3-73.4%
Others3.711.04.22.7-10.0%
Total12511414140.7-31.2%

Top Suppliers of Contact Lense to Belgium in 2022:

  1. Germany (24.6M units)
  2. United Kingdom (12.4M units)
  3. United States (5.9M units)
  4. Netherlands (1.6M units)
  5. Hungary (0.2M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the contact lense market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32504130 - Contact lenses

Country coverage:

  • Belgium

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belgium
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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